Barclays Initiates Coverage on Performance Food Group Co to Overweight

Barclays Initiates Coverage on Performance Food Group Co(NYSE:PFGC). The shares have been rated Overweight. The rating by Barclays was issued on Sep 23, 2016.

Performance Food Group Co(PFGC) last announced its earnings results on Aug 17, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $4.37B. Analysts had an estimated revenue of $4.46B. Earnings per share were $0.38. Analysts had estimated an EPS of $0.39.

Several Insider Transactions has been reported to the SEC. On Oct 8, 2015, William F Jr Dawson (director 10% owner) sold 444,265 shares at $17.95 per share price.

Performance Food Group Company is a foodservice distribution company. The Company markets and distributes approximately 150000 food and food-related products from 67 distribution centers to around 150000 customer locations across the United States. The Company operates through three business segments: Performance Foodservice PFG Customized and Vistar. The Performance Foodservice segment is a foodservice distributor in the United States which serves around 85000 customer locations with around 125000 food and food-related products. The PFG Customized segment acts as a distributor to the family and casual dining channel. The Vistar segment is engaged in distributing candy snacks and beverages to vending and office coffee service distributors big box retailers and theaters.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Performance Food Group Co - Is it time to Sell?

Top Brokerage Firms are advising their investors on Performance Food Group Co. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.