US Foods Holding Corp. Earnings Recaps
Q1 2026
May 10, 2026
US Foods shares dropped 8.3% post-earnings, reflecting investor disappointment primarily driven by a cautious outlook amid challenging macro conditions and weather disruptions, which overshadowed top-line growth and margin gains.
Key takeaways
- Despite severe weather and geopolitical uncertainty, the company reported 4.4% organic independent restaurant case growth, its strongest in two years.
- Adjusted diluted EPS grew 15%, supported by 6% adjusted EBITDA growth and gross profit rising faster than operating expenses.
- Distribution center closures due to winter storms nearly doubled compared to last year, negatively impacting operational performance.
- The company highlighted strong progress in safety, reducing injury rates by 12% year-over-year and investing in digital tools like MenuIQ, adopted by 15% of independent customers within two months.
- Market reaction indicates skepticism about the outlook and the external headwinds despite execution efforts and case growth momentum.
Q3 2025
Nov 7, 2025
US Foods Holding Corporation reported strong Q3 2025 results, with net sales growth of 4.4% and a notable 10.9% increase in adjusted EBITDA, reflecting solid execution and a successful market position.
Key takeaways
- Achieved 29 basis points of adjusted EBITDA margin expansion and a 26.7% growth in adjusted EPS year-to-date.
- Independent case volume grew 3.9%, with strong momentum and a net new account growth rate of 4.4%, marking the highest since Q2 2023.
- Announced acquisition of Shetakis, an independent food distributor in Las Vegas, aligning with the company’s strategic M&A focus.
- Improved safety metrics with a 16% reduction in injury and accident rates, reinforcing corporate commitment to associate well-being.