Performance Food Group Co (PFGC) reported disappointing financial results for the first quarter of fiscal 2026, missing analyst expectations on both earnings and revenue. The company posted earnings per share (EPS) of $1.18, falling short of the consensus estimate of $1.24 by $0.06. Revenue for the quarter reached $17.1 billion, which also lagged behind the expected $17.2 billion.
The results underscore potential challenges within the business or broader market conditions. Investors are encouraged to review the full earnings release and participate in the upcoming earnings conference call to gain further insights into the company's operational performance and future outlook.
Performance Food Group, headquartered in Richmond, Virginia, operates in the retail food distribution sector. The company markets and distributes over 250,000 food and food-related products across the United States from approximately 144 distribution facilities. With a market cap of $15.22 billion and a trailing P/E ratio of 44.74, the company employs 42,570 full-time workers and has three main segments: Foodservice, Vistar, and Convenience. Upcoming earnings are scheduled for August 10, 2026, with EPS and revenue estimates of $1.7641 and $18.2 billion, respectively.