US Foods slides after May 7 Q1 results; adjusted EPS $0.78, guidance reaffirmed
US Foods reported Q1 fiscal 2026 results this morning (May 7, 2026), with net sales of $9.6B and adjusted diluted EPS of $0.78. The company reaffirmed full-year 2026 guidance, and the stock moved lower as results appeared to come in below common Street EPS expectations (~$0.82).
1) What happened today (May 7, 2026)
US Foods released first-quarter fiscal 2026 earnings today, reporting net sales of $9.6 billion and adjusted diluted EPS of $0.78, alongside adjusted EBITDA of $413 million. Shares traded lower following the release as investors digested the quarter’s profitability and outlook.
2) Key numbers and operational signals
US Foods reported total case volume up 1.4% and independent restaurant case volume up 4.6%, with adjusted EBITDA margin cited at 4.3% (up year over year). Management commentary referenced a deteriorating macro environment and weather-related disruptions earlier in the quarter, with momentum improving as weather normalized.
3) Outlook / guidance
US Foods reaffirmed its fiscal 2026 guidance originally provided on February 12, 2026: net sales growth of 4% to 6%, adjusted EBITDA growth of 9% to 13%, and adjusted diluted EPS growth of 18% to 24%.
4) Capital return
The company said it repurchased $125 million of shares during the quarter and noted remaining authorization under its repurchase programs.