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Performance Food Group sees tailwind from disinflation in 2025 – SpartanNash (NASDAQ:SPTN), Performance Food Gr (NYSE:PFGC)


Performance Food Group sees tailwind from disinflation in 2025 – SpartanNash (NASDAQ:SPTN), Performance Food Gr (NYSE:PFGC)

Performance Food Group Co. PFGC is one of the largest food distributors in the United States. The company sources, markets and delivers food and food-related products to over 125,000 food service businesses through a network of over 150 distribution facilities. The company is acquiring food distributor Cheney Brothers for $2.1 billion, which will expand its […]

Home Depot shares fall despite beating earnings forecast on forecast – Lowe’s Companies (NYSE:LOW), Home Depot (NYSE:HD)


Home Depot shares fall despite beating earnings forecast on forecast – Lowe’s Companies (NYSE:LOW), Home Depot (NYSE:HD)

Home Depot HD released its second-quarter earnings report and presented a mixed picture to investors. While the company beat Home Depot analysts’ earnings estimates, its lowered comparable sales forecast for fiscal 2024 caused Home Depot’s share price to decline. Following the announcement, Home Depot shares fell about 5% in premarket trading but recovered some losses […]