US Foods Holding Corp. reported its financial results for the 13 weeks ended March 28, 2026, revealing a net sales increase of $259 million, or 2.8%, to $9.61 billion compared to $9.35 billion in the same period last year. The growth was attributed to a 1.4% increase in total case volume, driven by a 4.6% rise in independent restaurant case volume, a 3.7% increase in healthcare volume, and a 5.0% increase in hospitality volume. However, this was partially offset by a 2.3% decrease in chain volume. Gross profit also saw an increase of $39 million, or 2.4%, reaching $1.65 billion, although the gross profit margin slightly declined to 17.2% from 17.3% year-over-year.

Operating expenses rose by $47 million, or 3.4%, totaling $1.44 billion, primarily due to increased distribution, selling, and administrative costs. This led to a decrease in operating income to $216 million from $224 million in the previous year. Despite the decline in operating income, net income increased by $1 million to $116 million, maintaining a net income margin of 1.2%. The effective income tax rate for the quarter was 18%, down from 22% in the prior year, influenced by state income taxes and discrete tax items.

In terms of strategic developments, US Foods completed the acquisition of Jake’s Finer Foods in January 2025 for $92 million, enhancing its distribution capabilities in Texas. The company also divested its Freshway business during the previous fiscal quarter, generating approximately $38 million in proceeds. These moves are part of US Foods' strategy to optimize its operations and expand its market presence.

Operationally, US Foods serves approximately 250,000 customer locations across the U.S., supported by a network of over 70 distribution facilities and a fleet of more than 6,500 trucks. The company reported a total case volume growth of 1.4% for the quarter, with organic growth of 1.1%. The company’s employee headcount remains stable, with over 4,000 sales associates managing customer relationships.

Looking ahead, US Foods anticipates continued growth driven by its strategic initiatives and market conditions. The company expects to maintain its focus on enhancing customer service through its MOXē® digital platform and expanding its product offerings. With approximately $1.6 billion in cash and available liquidity, US Foods is well-positioned to meet its operational needs and pursue further growth opportunities.

About US Foods Holding Corp.

US Foods Holding Corp. is a leading broadline foodservice distributor providing quality food and non-food products, private brands, and value-added services to approximately 250,000 customer locations nationwide. Its core business includes sourcing, distribution, and digital tools to support independent restaurants, healthcare, and hospitality sectors. The company emphasizes innovation, supply chain efficiency, and customer support to maintain competitive advantage in the highly fragmented industry.

This description was generated via AI from an annual report. Updated 9 months ago.

About 10-Q Filings

A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.

Key points about the 10-Q:

  • Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
  • Content: It includes:
    • Financial statements showing the company's current financial position
    • Updates from management on the performance and projections of the business
    • Information about potential risks the company faces
    • Details on how the company is run internally
  • Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.

Our Methodology

AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.

Our method:

  1. Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
  2. AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
  3. Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
  4. Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
  5. Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Read more about AssetRoom

Feedback & Corrections

Spot an error or have a suggestion? Contact us.