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Performance Food Group Q1: Beating Expectations, Expanding West

Performance Food Group Q1: Beating Expectations, Expanding West

Published 18 hours ago
Description

Performance Food Groups Q1 results exceed expectations, with over $16 billion in revenue and increased market share in independent restaurants and convenience stores. Despite economic challenges, theyre optimistic about the rest of the year, with a revised revenue forecast. Costs related to acquisitions and fuel prices impacted previous guidance, but theyre managing expenses and using fuel surcharges to mitigate higher gas prices.

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