Performance Food Group Company Reaffirms Fiscal 2025 Guidance and Sets Ambitious 3-Year Financial Targets
Performance Food Group Company $(PFG)$ has reaffirmed its fiscal 2025 guidance, projecting net sales between $63 billion and $63.5 billion and Adjusted EBITDA ranging from $1.725 billion to $1.75 billion. The forecast accounts for the expected business outcomes of Cheney Brothers post-transaction closure. Looking ahead to fiscal 2028, PFG anticipates annual sales to reach between $73 billion and $75 billion, with Adjusted EBITDA estimated at $2.3 billion to $2.5 billion. The company has also announced a new $500 million share repurchase program, set to replace the previous $300 million authorization. This initiative is slated to run through May 27, 2029.
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