Performance Food Group Company Reports Third-Quarter And First-Nine Months Fiscal 2018 Results
May 9, 2018
Source Performance Food Group Company
RICHMOND, Va.--Performance Food Group Company announced its third-quarter and first-nine months fiscal 2018 business results.
“We are pleased with our third-quarter net sales and profitability, particularly given the multiple snow storms that occurred in March,” said George Holm, PFG’s President and Chief Executive Officer. “Vistar’s third- quarter results were strong with EBITDA up 14%, driven by its strong channel growth. As a result of our businesses’ strong performance during the first nine months, we are tightening our fiscal 2018 Adjusted EBITDA outlook for growth from a range of 8% to 11% to a range of 9% to 11%. We remain confident in our full-year outlook and our strategies for future growth.”