Performance Food Group Sees Q1 Net Sales $15.2B-$15.5B vs $15.57B Est., Sees 2025 Net Sales $60B-$61B vs $60.82B Est.
Portfolio Pulse from Benzinga Newsdesk
Performance Food Group (PFGC) has provided its Q1 net sales guidance of $15.2B-$15.5B, which is slightly below the estimated $15.57B. The company also projects its 2025 net sales to be $60B-$61B, compared to the estimated $60.82B.
August 14, 2024 | 11:03 am
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Performance Food Group's Q1 net sales guidance of $15.2B-$15.5B is slightly below the estimated $15.57B, which may cause short-term negative sentiment. However, the 2025 net sales projection of $60B-$61B is close to the estimated $60.82B, indicating long-term stability.
The Q1 net sales guidance being slightly below estimates may lead to short-term negative sentiment among investors. However, the long-term projection for 2025 is close to estimates, suggesting stability in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100