US Foods Holding Corp (NYSE:USFD)
$ 59.78 0.57 (0.96%) Market Cap: 14.62 Bil Enterprise Value: 19.11 Bil PE Ratio: 28.47 PB Ratio: 2.93 GF Score: 81/100

US Foods Holding Corp at BMO Capital Markets Farm to Market Conference Transcript

May 14, 2020 / 02:00PM GMT
Release Date Price: $17.35 (+3.46%)
Kelly Ann Bania
BMO Capital Markets Equity Research - Director & Equity Analyst

Perfect. All right. Well, we might as well go ahead and get started. Pietro, I first wanted to just thank you and the team at US Foods for taking the time to participate at Farm to Market, especially in what I know is just a really busy time for everyone across consumer retail. And we definitely do hope that all of you continue to stay safe and well. Very pleased to have you join us and lots of topics to address. So I guess, we'll dive right in, while we're waiting for Dirk and Melissa and Scott. Hopefully, they can get on to the system soon.

So I guess the one thing I wanted to just start off with is just -- and you guys provided a lot of color on earnings last week in terms of the different channel trends. But just helping us to understand under the hood, what's driving that improvement, whether it's just more and more takeout or more restaurants opening back up, contribution from grocery? And just how we think of that progression going forward, especially as restaurants are opening up with restrictions in

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot