Performance Food Group (PFG), Sysco and US Foods (the Big 3) recently released their 2023 first quarter results. These results reflect several significant, generally favorable and rather interesting...
For the fourth quarter of 2022, the Big 3 foodservice distributors reported revenue and total case growth of 11.2% and 3.6%, respectively; organic case volume was +2.6%. These results are in...
Despite industry-wide restaurant traffic declines, some trading down and ongoing (but moderating) cost pressures, the “Big 3” foodservice distributors’ third calendar quarter results for 2022 met or...
Driven by supply chain issues, tighter operator menu management and internal inventory management initiatives, distributors are reportedly reducing the number of SKU’s they carry. We believe the...
The Big 3 foodservice distributor results for the second quarter of 2022 reflect success in passing along record-high product cost inflation (averaging 16.4%), the impact of recent acquisitions,...
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