$PFGC · Performance Food Group Co
Performance Food Group filed its 10-Q for the quarter ended September 26, 2026. Net sales rose 5.5% to $18,018.4M from $17,075.9M, gross profit grew 8.5% to $2,187.5M, and operating profit jumped 21.1% to $272.2M. Net income increased 38.4% to $129.5M ($0.82 diluted EPS vs $0.60), while Adjusted EBITDA rose 10.0% to $528.0M. Interest expense declined 5.7% to $98.4M.
- Net sales $18,018.4M, up 5.5% YoY from $17,075.9M
- Net income $129.5M, up 38.4% from $93.6M
- Diluted EPS $0.82 vs $0.60, up 36.7%
- Adjusted EBITDA $528.0M, up 10.0% from $480.1M
- Operating profit $272.2M, up 21.1% from $224.7M
Markets closed — no regular-session reaction yet; extended-hours move not captured here.
Double-digit profit and EPS growth with expanding operating margin shows PFG converting modest sales growth into strong earnings leverage.
Food distribution peer results show resilient volume and margin expansion despite a low-margin, inflation-sensitive industry.
Filing flags reliance on declining cigarette/tobacco distribution, low-margin industry volatility, and acquisition integration risk.