Performance Food Group Raises FY25 Net Sales Forecast From $60B - $61B To $62.5B - $63.5B, Est $60.472B
Portfolio Pulse from Benzinga Newsdesk
Performance Food Group (PFG) has raised its fiscal year 2025 net sales forecast to $62.5B-$63.5B and adjusted EBITDA to $1.7B-$1.8B, incorporating expected results from Cheney Brothers starting October 8, 2024.
October 08, 2024 | 8:25 pm
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Performance Food Group (PFGC) has increased its FY25 net sales forecast to $62.5B-$63.5B and adjusted EBITDA to $1.7B-$1.8B, reflecting the inclusion of Cheney Brothers' business results.
The upward revision in PFGC's sales and EBITDA forecasts indicates strong expected performance, likely boosting investor confidence and positively impacting the stock price. The inclusion of Cheney Brothers' results suggests strategic growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100