Performance Food Group Shares Fall on 2Q Earnings Miss

Dow Jones

Feb 04

By Elias Schisgall

Shares of Performance Food Group fell after the company cut its full-year outlook and posted second-quarter earnings short of Wall Street expectations.

The stock was down 13% to $84.76 in Wednesday morning trading. Shares have shed 6.6% over the past 12 months.

The food service distributor on Wednesday posted a fiscal second-quarter profit of $61.7 million, or 39 cents a share, up from $42.4 million, or 27 cents a share, a year earlier.

Stripping out certain one-time items, adjusted earnings came in at 98 cents a share. Analysts polled by FactSet were looking for $1.09 a share in adjusted earnings.

Net sales rose 5.2% to $16.44 billion, up from $15.64 billion a year prior. Analysts had been expecting $16.52 billion.

For the third quarter, PFG is forecasting net sales of between $16 billion and $16.3 billion, compared with analyst expectations of $16.23 billion.

PFG cut its full-year outlook slightly, projecting net sales between $67.25 billion and $68.25 billion, down from a previous range of between $67.5 billion and $68.5 billion.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

February 04, 2026 10:06 ET (15:06 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2608393139"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2608393139\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2608393139?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-04 23:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2608393139","market":"nz","top_or_hot":-1,"title":"Performance Food Group Shares Fall on 2Q Earnings Miss","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Elias Schisgall \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of <a href=\"https://laohu8.com/S/PFGC\">Performance Food Group</a> fell after the company cut its full-year outlook and posted second-quarter earnings short of Wall Street expectations. \n</p>\n<p>\n  The stock was down 13% to $84.76 in Wednesday morning trading. 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Analysts had been expecting $16.52 billion. \n</p>\n<p>\n  For the third quarter, PFG is forecasting net sales of between $16 billion and $16.3 billion, compared with analyst expectations of $16.23 billion. \n</p>\n<p>\n  PFG cut its full-year outlook slightly, projecting net sales between $67.25 billion and $68.25 billion, down from a previous range of between $67.5 billion and $68.5 billion. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2026 10:06 ET (15:06 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PFGC","symbol_name":"Performance Food Group","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2608393139","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608393139","pubTimestamp":1770217560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Performance Food Group fell after the company cut its full-year outlook and posted second-quarter earnings short of Wall Street expectations.The stock was down 13% to $84.76 in Wednesday morning trading. 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Analysts had been expecting $16.52 billion.For the third quarter, PFG is forecasting net sales of between $16 billion and $16.3 billion, compared with analyst expectations of $16.23 billion.PFG cut its full-year outlook slightly, projecting net sales between $67.25 billion and $68.25 billion, down from a previous range o","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PFGC":"Performance Food Group"},"translate_title":"Performance Food Group股价因第二季度盈利未达标而下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PFGC":1.5},"content_text":"By Elias Schisgall \n\n\n \n\n\n  Shares of Performance Food Group fell after the company cut its full-year outlook and posted second-quarter earnings short of Wall Street expectations. \n\n\n  The stock was down 13% to $84.76 in Wednesday morning trading. Shares have shed 6.6% over the past 12 months. \n\n\n  The food service distributor on Wednesday posted a fiscal second-quarter profit of $61.7 million, or 39 cents a share, up from $42.4 million, or 27 cents a share, a year earlier. \n\n\n  Stripping out certain one-time items, adjusted earnings came in at 98 cents a share. Analysts polled by FactSet were looking for $1.09 a share in adjusted earnings. \n\n\n  Net sales rose 5.2% to $16.44 billion, up from $15.64 billion a year prior. Analysts had been expecting $16.52 billion. \n\n\n  For the third quarter, PFG is forecasting net sales of between $16 billion and $16.3 billion, compared with analyst expectations of $16.23 billion. \n\n\n  PFG cut its full-year outlook slightly, projecting net sales between $67.25 billion and $68.25 billion, down from a previous range of between $67.5 billion and $68.5 billion. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 04, 2026 10:06 ET (15:06 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}