NYSE$PFGC
Performance Food Group Co. · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Performance Food Group Co. reported Q4 fiscal 2024 results with 2.2% net sales growth to $15.2 billion and 11.5% diluted EPS growth to $1.07.
PFG delivered strong Q4 results with net income up 10.9% to $166.5 million and Adjusted EBITDA up 18.4% to $456.2 million. Total case volume grew 1.1% and organic independent foodservice cases rose 3.7%. The company also announced acquisitions and provided fiscal 2025 guidance.
- Net sales rose 2.2% to $15.2 billion driven by independent channel growth and acquisitions.
- Adjusted EBITDA increased 18.4% to $456.2 million with margin expansion.
- Diluted EPS grew 11.5% to $1.07 and Adjusted Diluted EPS rose 27.2% to $1.45.
- Full-year free cash flow reached $767.4 million supporting M&A and share repurchases.
Headline financials
Revenue & EPS history
PFG · Revenue · Quarterly
$15.2B
Revenue by segment
PFG · $15.1B total across 3 segments · Q4 2024
- Foodservice$7.65B+4.6%50.6%
- Convenience$6.26B-0.5%41.4%
- Vistar$1.2B—8.0%
Forward guidance
PFG expects continued momentum in fiscal 2025 with Q1 net sales of $15.2-15.5 billion and Adjusted EBITDA of $400-420 million; full-year net sales $60-61 billion and Adjusted EBITDA $1.6-1.7 billion.
Tailwinds
- Underlying business momentum expected to continue
- Acquisitions of Cheney Brothers and José Santiago to drive growth
- Accelerated share repurchase activity planned
Headwinds
- Cheney Brothers acquisition subject to regulatory approval
- Outlook excludes financial benefit from Cheney Brothers
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.5%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+1.7%
Avg return
30 days after
49%
23 / 47 earnings
Positive
+16.8%
Q2 2022
Best reaction
-15.0%
Q2 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +6.1% | +8.0% | +11.5% | |
| Q2 2026 | -15.0% | -5.4% | -9.9% | |
| Q1 2026 | -1.3% | +0.9% | -5.3% | |
| Q4 2025 | +2.8% | +0.4% | +7.6% | |
| Q3 2025 | +2.4% | +7.9% | +8.9% | |
| Q2 2025 | -2.6% | -5.5% | -14.0% | |
| Q4 2024 | +7.7% | +9.7% | +9.6% | |
| Q3 2024 | +2.5% | +0.6% | +0.3% | |
| Q2 2024 | -1.0% | +0.5% | +4.1% | |
| Q1 2024 | -0.6% | +0.9% | +8.2% | |
| Q4 2023 | +9.2% | +8.3% | +5.2% | |
| Q3 2023 | -2.6% | -3.5% | -10.5% | |
| Q2 2023 | -4.7% | -2.7% | -11.6% | |
| Q1 2023 | +8.5% | +11.8% | +15.1% | |
| Q4 2022 | -2.0% | -5.8% | -8.9% | |
| Q3 2022 | -9.5% | -6.9% | -13.9% | |
| Q2 2022 | +16.8% | +13.9% | +4.5% | |
| Q1 2022 | +3.4% | +1.0% | -1.4% | |
| Q4 2021 | -3.7% | +2.9% | +1.1% | |
| Q3 2021 | -3.7% | -3.6% | -11.9% | |
| Q2 2021 | +5.0% | +6.5% | +10.8% | |
| Q1 2021 | +0.4% | +24.3% | +29.1% | |
| Q4 2020 | -1.6% | -2.3% | +7.3% | |
| Q3 2020 | -9.7% | -10.1% | +6.9% | |
| Q2 2020 | +0.0% | +3.3% | -25.5% | |
| Q1 2020 | +6.0% | +3.5% | +9.4% | |
| Q4 2019 | +3.3% | +5.8% | +6.4% | |
| Q3 2019 | -4.7% | -5.4% | -2.8% | |
| Q2 2019 | +8.0% | +9.2% | +7.4% | |
| Q1 2019 | +9.2% | +9.0% | +14.2% | |
| Q4 2018 | -10.4% | -10.4% | -13.9% | |
| Q3 2018 | +7.5% | +6.3% | +8.4% | |
| Q2 2018 | -3.8% | -3.0% | +0.9% | |
| Q1 2018 | +4.1% | +3.5% | +17.4% | |
| Q4 2017 | +2.3% | +4.2% | +9.6% | |
| Q3 2017 | +11.0% | +9.4% | +10.6% | |
| Q2 2017 | +5.7% | +7.1% | +6.6% | |
| Q1 2017 | -2.9% | +0.4% | -5.9% | |
| Q4 2014 | -4.1% | -1.3% | -9.5% | |
| Q4 2016 | -2.8% | +2.3% | -9.3% | |
| Q3 2015 | +6.1% | — | — | |
| Q3 2016 | +6.1% | — | — | |
| Q2 2016 | -2.0% | — | — | |
| Q2 2015 | -2.0% | — | — | |
| Q1 2016 | -6.4% | — | — | |
| Q1 2015 | -6.4% | — | — | |
| Q4 2015 | -6.4% | — | — | |
| Q3 2014 | — | — | — |
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