has garnered 18% share of this $235 billion market. It's followed by U.S. Foodservice with 9% share and Performance Food Group with 5%.Sysco is keenly focused on trimming fat from its already-lean operating structure, by working to
service market, more than double the 8% share U.S. Foodservice possesses and 4 times the 4% share held by Performance Food Group . While acquiring smaller local and regional distributors (with sales of $10 million-$400 million) is still
move. Funk has stayed on as chairman of the board. Spinner spent more than 20 years at broadline distributor Performance Food Group , most recently as CEO. We would like to see him improve the company's operational discipline, helping it
move. Funk will stay on as chairman of the board. Spinner spent more than 20 years at broadline distributor Performance Food Group , most recently as CEO. We would like to see Spinner improve the company's operational discipline, helping
helm of UNFI was made following the abrupt departure of Steven Townsend in 2005. Spinner is the former CEO of Performance Food Group , and he has considerable experience in distribution. We hope he will bring some operational discipline to UNFI
We are discontinuing coverage of Performance Food Group PFGC following the closure of the acquisition of the food-service firm by a consortium of private-equity investors.
for Sysco, especially given that there are no publicly traded food-service distributors left for comparison. Performance Food Group PFGC had always been a good benchmark for Sysco, but that firm is in the process of being acquired.
We expect to adjust our fair value estimate slightly for Performance Food Group PFGC following news that the firm has agreed to be acquired by a consortium of private-equity firms for about $1.3 billion
We don't anticipate making any significant changes to our fair value estimate for Performance Food Group PFGC following the release of third-quarter earnings by the firm. Sales increased 10.4% from the prior-year quarter, with
pass along to its customers. While the firm's pricing actions weren't as high as the 7.1% food inflation Performance Food Group PFGC reported during its most recent quarter for its broadline division, they could, if sustained at these elevated