Foodservice distributor US Foods Holding hits record high on upbeat quarter
USFD•Outlook reaffirmed
The company reaffirmed its fiscal year 2026 net sales growth forecast of 4% to 6%.
As of the last close, USFD was up about 33% year to date.
Sales and profit top estimates
US Foods reported quarterly sales of $10.53 billion, beating analysts' estimates of $10.46 billion, according to data compiled by LSEG.
Second-quarter adjusted profit came in at $1.44, also beating expectations of $1.36.
Shares jump after strong second quarter
Shares of foodservice distributor US Foods Holding (USFD.N) were up as much as 10% at $110.09 in noon trading.
If gains hold, the stock is on track for its best day since February 2026.
The company beat second-quarter sales and profit estimates, boosted by resilient demand from independent restaurants.
