Performance Food Group Co
PFGC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| nc^ | LOCK|!S | LOCK|q>FWpty |
Performance Food Earnings: Prudent Investment Buoys Account Wins, Eases Margin Fears; Shares Rich
Performance Food Group's first quarter featured 5.5% sales growth, including 5.5% organic high-margin independent case volume growth in its foodservice segment. This helped expand PFG's adjusted EBITDA margin by 10 basis points to 2.9%, despite angst from fuel costs and moderating food inflation.
