The Latest Breaking News from US Foods

US Foods (USFD) hit a new 52-week high of $84.44 on July 17. The stock has a 100% technical “Buy” signal via Barchart and consistent price appreciation. USFD shares are up nearly 58% over the past year. Analyst sentiment is mostly bullish, but some advisory services are cautious, citing potential...

A California produce grower is the source of fresh onions linked to a deadly E

Investments in R&D and automation are driving the growth of the food industry. Moreover, the inelastic demand for food helps food makers maintain their profit margins. Amid the macroeconomic uncertainty, it could be wise to buy fundamentally strong food stocks Sysco Corporation (SYY), Kellogg Company (K), and US Foods (USFD).…

The market remains volatile amid macroeconomic pressures and fears of an impending recession. However, fundamentally strong stocks Vertex Pharmaceuticals (VRTX), US Foods Holding (USFD), and Vontier (VNT) have gained momentum and could be worth buying. Keep reading.

Although food inflation remains high, holiday food shopping has picked up the pace. The packaged food industry’s promising prospects bode well for fundamentally sound food makers Hershey (HSY), Sysco Corp (SYY), US Foods (USFD), Flower Foods (FLO), and Pilgrim’s Pride (PPC). Read on….

Barclays has decided to maintain its Equal-Weight rating of US Foods Hldg (NYSE:USFD) and lower its price target from $38.00 to $34.00. Shares of US Foods Hldg are trading down 3.66% over the last 24 hours, at $30.84 per share.

US Foods Holding Corp (NYSE:USFD) reported first-quarter FY22 sales growth of 23.9% year-on-year, to $7.8 billion, missing the consensus of $8.59 billion. Total case volume increased 4.1%, and independent restaurant case volume rose 9.2%. The revenue growth was primarily driven by higher total case volume and food cost inflation of 17.3%. Gross profit…

Despite rising food prices and deepening supply chain disruptions, the growing demand for fresh and frozen food products should benefit food distribution companies Sysco (SYY) and US Foods (USFD). But which of these stocks is a better buy now? Read more to find out.

US Foods Holding Corp (NYSE: USFD) reported fourth-quarter FY21 sales growth of 24.5% year-on-year, to $7.639 billion, missing the analyst consensus of $7.65 billion.