Jan 09, 2023 / 05:30PM GMT
Jake Rowland Bartlett - Truist Securities, Inc., Research Division - VP
All right. Good afternoon I guess it is. My name is Jake Bartlett. I'm the food service distribution analyst at Truist Securities. And I'm joined up on the stage by Performance Food Group's Chairman and CEO, George Holm; and incoming CFO, Patrick Hatcher. For those of you who don't know them, George is a long-time industry veteran and founder of Vistar, one of Performance segments. And Patrick was previously the President and COO of Vistar and has recently become the new CFO, joined the company, I believe, in 2010.
Questions and Answers:
Jake Rowland Bartlett - Truist Securities, Inc., Research Division - VPSo I want to start with a big picture question and really kind of the aftermath of what we've gone through in the last 3 years with the pandemic. It seems like -- it has been an environment where the largest players have been able to gain a lot of share, provide service -- be able to service customers. Also, margins have been pressured overall, but gross profits have been really