Why Performance Food Group Shares Are Sliding Today
Performance Food Group Co (NYSE:PFGC) reported third-quarter FY22 sales growth of 81.6% year-on-year to $13.08 billion, marginally missing the consensus of $13.09 billion. Total case volume grew 35% Y/Y. Net sales for Foodservice increased 27.3% to $6.6 billion, and Vistar increased 51.1% to $892.2 million. Convenience net sales increased 292.9% to $5.6 billion,…
Benzinga ·