PFG Q4 Profit Jumps 23% on Inflation-Driven Pricing, Guides FY27 Sales In Line
PFGC sits 36% above its 52-week low of $80.82.
Summary
Performance Food Group reported Q4 fiscal 2026 earnings that beat on profit but narrowly missed on revenue and adjusted EPS. Net income rose 23% to $162.3 million, or $1.03 per share, driven by a 4.7% increase in cost inflation that pushed selling prices higher. Revenue grew 6.4% to $18.03 billion, just shy of the $18.11 billion consensus. Adjusted EPS of $1.59 missed estimates by a penny. The company issued fiscal 2027 guidance with sales of $72.5 billion to $73 billion, bracketing the $72.78 billion consensus, and Q1 revenue of $17.9 billion to $18.1 billion versus the $18.04 billion forecast. The results show inflation is still a tailwind for top-line growth, but the slight miss on adjusted earnings and revenue may temper enthusiasm. This follows an 8-K filed earlier today that flagged the earnings beat and above-consensus guidance, but this article provides the full financial details and segment performance.
At the time of this announcement, PFGC was trading at $109.99 on NYSE in the Trade & Services sector, with a market capitalization of approximately $17.9B. The 52-week trading range was $80.82 to $117.48. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.