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Category: Foodservice Distributor Financial News

FTC inquiry of PFG regarding Reinhart transaction being addressed
US Foods: Eatery Pulse

US Foods reports Q2 2018 financial results, acquires SGA Food Group of Companies

US Foods reported its Q2 2018 financial results. Total case volume was down 0.9 percent and restaurant case volume from independent restaurants was up 3.8 percent. Net sales were relatively flat at $6.2B,down $1M from last year’s same period. US Foods also announced its acquisition of SGA’s Food Group of Companies for $1.8B,. SGA had total revenue of $3.2B and has about 3,400 employees.