Performance Food Group Reiterates Its 3-Year Net Sales And Adjusted EBITDA Targets
Portfolio Pulse from Benzinga Newsdesk
Performance Food Group (PFGC) has reaffirmed its financial targets for fiscal 2025, aiming for annual net sales of $62 to $64 billion and Adjusted EBITDA of $1.5 to $1.7 billion.
February 07, 2024 | 12:09 pm
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Performance Food Group reiterates its fiscal 2025 financial targets, aiming for significant net sales and Adjusted EBITDA growth.
Reiterating financial targets generally instills confidence in investors about the company's future performance and strategic direction. For PFGC, maintaining its ambitious fiscal 2025 targets suggests management's confidence in their business model and growth strategies, potentially leading to positive investor sentiment and a favorable impact on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100