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Performance Food Group’s results for the full year 2024: in line with expectations


Performance Food Group’s results for the full year 2024: in line with expectations

Performance Food Group (NYSE:PFGC) full-year 2024 results

Key financial results

  • Revenue: $58.3 billion (up 9.2% from FY 2023).
  • Net income: $435.9 million (up 9.7% from FY 2023).
  • Profit margin: 0.7% (in line with FY 2023).
  • Earnings per share: $2.82 (compared to $2.58 in fiscal 2023).
Profit and sales growth
NYSE:PFGC Earnings and Revenue Growth August 16, 2024

All figures shown in the graph above refer to the last 12 months (TTM)

Performance Food Group meets expectations

Sales were in line with analysts’ estimates. Earnings per share (EPS) also met analysts’ expectations.

Average sales growth of 4.4% per annum is expected for the next three years. In contrast, growth of 4.7% is forecast for US consumer goods retail.

Performance of American consumer retail industry.

The company’s shares rose 12% compared to the previous week.

Risk analysis

You should always think about the risks. A typical example: We have 1 warning sign for Performance Food Group You should be aware.

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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.

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