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RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company reports fourth-quarter and full-year fiscal 2024 results.
Performance Food Group Company said on Wednesday it would acquire foodservice distributor Cheney Bros for $2.1 billion in cash.
Performance Food (PFGC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Zacks Natural Foods Products industry players are benefiting from growing consumer demand and effective pricing strategies amid elevated operating expenses. These upsides keep Performance Food (PFGC), Sprouts Farmers (SFM), SpartanNash (SPTN) and Farmer Bros.
Inflation is an inevitable market factor. However, investors can protect themselves by steering clear of stocks likely to be hit by inflation for whatever reason.
Performance Food Group Co (NYSE:PFGC ) Q3 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Bill Marshall - VP, IR George Holm - Chairman & CEO Patrick Hatcher - EVP & CFO Conference Call Participants Mark Carden - UBS Jake Bartlett - Truist Securities Edward Kelly - Wells Fargo Securities Kelly Bania - BMO Capital Markets Brian Harbour - Morgan Stanley Jeffrey Bernstein - Barclays Bank Lauren Silberman - Deutsche Bank Peter Saleh - BTIG Alexander Slagle - Jefferies John Heinbockel - Guggenheim Securities Andrew Wolf - CL King & Associates Operator Good day, and welcome to PFG's Fiscal Year Q3 2024 Earnings Conference Call. [Operator Instructions].
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Performance Food (PFGC) possesses solid growth attributes, which could help it handily outperform the market.
Investors interested in stocks from the Food - Natural Foods Products sector have probably already heard of Performance Food Group (PFGC) and Sprouts Farmers (SFM). But which of these two stocks is more attractive to value investors?
The heavy selling pressure might have exhausted for Performance Food (PFGC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.