US Foods Forecasts Q4 Revenue Growth to Slow to 4.3% on $9.9B Outlook
US Foods posted $10.19B in Q3 revenue, a 4.8% year-on-year gain, beating EPS forecasts but missing adjusted operating income targets. Analysts forecast Q4 revenue of $9.90B (up 4.3% YoY) and adjusted EPS of $1.01, with estimates unchanged over the past month.
1. Q3 Financial Results
US Foods delivered $10.19 billion in revenue for the third quarter, up 4.8% year on year. While adjusted EPS topped consensus, the company fell short of analysts’ adjusted operating income estimates, indicating margin pressure despite top-line growth.
2. Q4 Analyst Forecasts
Analysts project Q4 revenue of $9.90 billion, a 4.3% year-on-year increase versus the prior quarter’s 6.2% gain, and adjusted earnings per share of $1.01. Estimates have remained steady over the past 30 days, reflecting confidence in the company’s near-term outlook.
3. Peer Comparison and Market Sentiment
In Q4 previews, Sysco achieved 3% revenue growth and met forecasts, while Performance Food Group grew revenues by 5.2%, both in line with consensus. Sector shares dipped 1.6% over the last month, but US Foods outperformed with a 17.3% gain and an average analyst price target of $91.63.