Jun 29, 2024

PFG Q4 2024 Earnings Report

PFG's Q4 2024 results showcased double-digit net income and earnings per share growth, underscored by robust full-year cash flow.

Key Takeaways

Performance Food Group Company reported a strong finish to fiscal year 2024, with significant acceleration in sales, adjusted EBITDA, and EPS growth during the fourth quarter. The company also announced strategic acquisitions expected to drive further revenue and profit growth.

Total case volume increased by 1.1%.

Organic Independent Foodservice case volume increased 3.7%.

Net sales increased 2.2% to $15.2 billion.

Adjusted Diluted EPS increased 27.2% to $1.45.

Total Revenue
$15.2B
Previous year: $14.9B
+2.2%
EPS
$1.45
Previous year: $1.14
+27.2%
Gross Profit
$1.75B
Previous year: $1.7B
+2.8%
Cash and Equivalents
$20M
Previous year: $12.7M
+57.5%
Free Cash Flow
$767M
Previous year: $562M
+36.5%
Total Assets
$13.4B
Previous year: $12.5B
+7.2%

PFG

PFG

PFG Revenue by Segment

Forward Guidance

PFG expects for the first quarter of fiscal 2025, net sales to be in a range of $15.2 billion to $15.5 billion and Adjusted EBITDA to be in a range of $400 million to $420 million. For the full fiscal year 2025, PFG expects net sales to be in a range of approximately $60 billion to $61 billion and Adjusted EBITDA to be in a $1.6 billion to $1.7 billion range.

Revenue & Expenses

Visualization of income flow from segment revenue to net income