Performance Food Group Co.
Performance Food Group and US Foods Terminate Business Combination Talks
Summary
On November 24, 2025, Performance Food Group Company (NYSE: PFGC) announced the termination of its previously announced information-sharing process with US Foods, deciding not to pursue a potential business combination. The decision followed a comprehensive evaluation of regulatory considerations and synergies. Performance Food Group reiterated its fiscal 2026 financial outlook, with net sales expected between $67.5 billion to $68.5 billion and Adjusted EBITDA between $1.9 billion to $2.0 billion.
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About Performance Food Group Co.
Performance Food Group Co. is a leading foodservice distribution company that supplies a vast array of food products, beverages, and related goods to a diverse array of customers across the United States. Its primary function is to deliver high-quality food supplies and logistics solutions to restaurants, healthcare facilities, cafeterias, and hospitality venues. With an extensive portfolio of top-tier brands and private label offerings, Performance Food Group Co. plays a crucial role in the supply chain of the foodservice industry. Key features of the company include its expansive distribution network, innovative technology to enhance supply chain efficiencies, and a strong focus on customer service. The company impacts sectors such as dining, catering, and institutional meal services, ensuring that clients receive timely and reliable product deliveries. Performance Food Group Co.'s market significance is underscored by its ability to adapt to consumer preferences and industry demands, making it a vital component of the food distribution landscape. The company's operations promote seamless transitions of food products from manufacturers to end-users, thus supporting the sustainability and growth of the foodservice market.
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