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Performance Food Group Co. engages in the market and distribution of food products. It operates its business through the following segments: Performance Foodservice; PFG Customized; Vistar; and Corporate and All Other. Read More The Performance Foodservice segment markets and distributes food and food-related products to independent restaurants, chain restaurants, and other institutional food-away-from-home locations. The PFG Customized segment principally serves the family and casual dining channel but also serves fine dining, fast casual, and quick serve restaurant chains. The Vistar distributes candy, snack, beverage, and other products to customers in the vending, office coffee services, theater, retail, and other channels. The Corporate and All Other segment comprised of corporate overhead and certain operations such as internal logistics unit responsible for managing and allocating inbound logistics revenue and expense, as well as the operations of certain recent acquisitions. The company was founded in 1987 and is headquartered in Richmond, VA.
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Markets InsiderMar 19
PFG To Acquire Eby-Brown Company; Reaffirms 2019 Outlook - Quick Facts
(RTTNews) - Performance Food Group Company (PFGC) announced it has signed a definitive agreement to acquire Eby-Brown Company LLC, a U.S. distributor of pre-packaged candy, snacks, specialty beverages and tobacco products in the convenience industry.
Seeking AlphaMar 19
Performance Food Group to acquire Eby-Brown Company LLC
Performance Food Group Company (NYSE:PFGC) to acquire Eby-Brown Company LLC for an undisclosed term. This acquisition will allow company’s Vistar segment to strategically expand in the fast-growing convenience store channel. The transaction is expected to be neutral to slightly accretive to company’s Adjusted EPS in FY2020. The transaction is expected to close in 2Q19. The company reaffirms its adjusted EBITDA growth to be in a range of 7% to 10% and adjusted diluted EPS growth in a range of 10% to 16% ...
Simply Wall StMar 12
What You Must Know About Performance Food Group Company’s (NYSE:PFGC) Financial Strength
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Performance Food Group Company (NYSE:PFGC), with a market cap of US$4.0b, are often out of the spotlight.
Expected May 8, Pre-Market