NYSE$USFD
US Foods Holding Corp. · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
US Foods reported strong results driven by profitable market share gains and effective management of gross profit and operating expenses.
US Foods reported a strong third quarter with net sales increasing by 13.0% to $8.9 billion and Adjusted EBITDA increasing by 20.6% to $351 million. The company's performance reflects sustained positive momentum and confidence in achieving the high end of its prior adjusted outlook for the year. The Board has authorized a $500 million share repurchase program.
- Net income available to common shareholders improved to $100 million.
- Adjusted EBITDA increased 20.6% to $351 million.
- Net sales increased 13.0% to $8.9 billion.
- Total case volume increased 0.7%; independent restaurant case volume increased 2.9%.
Headline financials
Revenue & EPS history
US Foods · Revenue · Quarterly
$8.92B
Forward guidance
The Company is updating its 2022 guidance to: Adjusted EBITDA of $1.28-$1.30 billion, Adjusted Diluted EPS of $2.10-$2.20, Interest expense of $250-$255 million, Cash capital expenditures of $270-$280 million with fleet capital leases to be an additional ~$125 million, Net Debt to Adjusted EBITDA leverage of approximately 3.5x by end of fiscal year 2022
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 Q3 2022
+1.6%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+2.6%
Avg return
30 days after
64%
29 / 45 earnings
Positive
+15.5%
Q3 2022
Best reaction
-16.7%
Q2 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.7% | -8.8% | -8.1% | |
| Q4 2025 | +13.4% | +8.0% | +5.2% | |
| Q3 2025 | -3.8% | -2.6% | +1.5% | |
| Q1 2025 | +3.8% | +6.8% | +12.5% | |
| Q4 2024 | +1.7% | +1.3% | -6.3% | |
| Q3 2024 | +1.7% | +1.8% | +9.4% | |
| Q2 2024 | +1.8% | +5.3% | +11.8% | |
| Q1 2024 | +4.6% | +4.1% | +2.0% | |
| Q4 2023 | +5.6% | +6.0% | +15.0% | |
| Q3 2023 | +3.5% | +5.8% | +8.7% | |
| Q2 2023 | -2.8% | -5.8% | -7.9% | |
| Q1 2023 | +8.2% | +7.0% | +10.4% | |
| Q4 2022 | +7.2% | +6.3% | -5.1% | |
| Q3 2022 | +15.5% | +15.1% | +17.7% | |
| Q2 2022 | +3.0% | +3.0% | -3.0% | |
| Q1 2022 | +1.6% | +2.4% | -13.2% | |
| Q4 2021 | -2.2% | -3.7% | -5.2% | |
| Q3 2021 | -7.5% | -11.8% | -11.6% | |
| Q2 2021 | +1.7% | +0.6% | -3.3% | |
| Q1 2021 | -4.2% | -2.9% | -3.9% | |
| Q4 2020 | -4.6% | -1.3% | -0.1% | |
| Q3 2020 | +10.2% | +11.6% | +55.8% | |
| Q2 2020 | +9.1% | +15.5% | +20.8% | |
| Q1 2020 | -8.3% | -1.6% | +5.9% | |
| Q4 2019 | -0.7% | -0.6% | -50.8% | |
| Q3 2019 | +0.8% | -2.8% | +0.0% | |
| Q2 2019 | +10.3% | +10.8% | +16.0% | |
| Q1 2019 | +3.6% | +5.5% | -2.1% | |
| Q4 2018 | +0.6% | +0.1% | -1.8% | |
| Q3 2018 | +13.4% | +12.5% | +15.0% | |
| Q2 2018 | -16.7% | -18.5% | -20.9% | |
| Q1 2018 | +1.6% | +1.1% | +10.2% | |
| Q4 2017 | +9.3% | +6.6% | +14.3% | |
| Q3 2017 | -1.1% | -1.3% | +13.6% | |
| Q2 2017 | -5.8% | -6.4% | -5.3% | |
| Q1 2017 | -2.4% | -0.3% | +3.5% | |
| Q4 2015 | -0.9% | -1.2% | -0.3% | |
| Q4 2014 | -0.9% | -1.2% | -0.3% | |
| Q4 2016 | -0.9% | +1.6% | -0.9% | |
| Q3 2016 | +1.1% | +1.8% | +6.6% | |
| Q3 2015 | +1.1% | +1.8% | +6.6% | |
| Q2 2015 | +1.4% | +1.6% | +1.4% | |
| Q1 2016 | +1.4% | +1.6% | +1.4% | |
| Q1 2015 | +1.4% | +1.6% | +1.4% | |
| Q2 2016 | +1.4% | +1.6% | +1.4% |
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