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US Foods Q2 Earnings Call Highlights
['Joseph Griffin']
Ticker Report
Adjusted EBITDA increased 10.2% to a record $604 million, while adjusted diluted earnings per share climbed 21% to $1.44.
Independent Restaurant Growth AcceleratesAdjusted EBITDA margin expanded 29 basis points to a record 5.7%.
Flitman said the independent restaurant performance was driven primarily by net new account generation, which reached its strongest level in three years.
The plan is designed to align incentives with priorities including independent restaurant growth, exclusive-brand penetration and Pronto service adoption.
About US Foods (NYSE:USFD)US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators.