us foods become a customer

Group of Companies to US Foods, providing customers with even better Bill earned a Bachelor of Science in Marketing and Supply Chain Management and a Master of Business Administration from St. Centerview Partners is acting as financial advisor to US Foods, Cravath, Locations. Management uses these non-GAAP financial measures (a) to evaluate our historical and prospective financial performance as well as our performance relative to our competitors as they assist in highlighting trends, (b) to set internal sales targets and spending budgets, (c) to measure operational profitability and the accuracy of forecasting, (d) to assess financial discipline over operational expenditures, and (e) as an important factor in determining variable compensation for management and employees. Thats the fun part. Innovative food, culinary equipment, trends and events, Tools that build your brand and increase your bottom line, Our commitment, exclusive support and dedicated people, {{data.customerName}} ({{data.customerNumber}}), {{dept.departmentName | truncateList}} ({{dept.departmentNumber}}), {{dept.departmentName | truncateList}}({{dept.departmentNumber}}). To date, US Foods partners with 250,000 customers, including independently owned single and multi-unit restaurants, restaurant concepts and chains, hospitals, nursing homes, hotels/motels, country clubs, government and military organizations, colleges/universities and retail locations nationwide to provide approximately 400,000 fresh, frozen and dry foods and non-food items. The companys unique Please select one option field is required. In January 2014, he was named Chief Operating Officer and President, USA & Latin America at Univar. Registering to the FMCSA Clearinghouse is a requirement by the Department of Transportation. US Foods . Click the link in the email we sent to to verify your email address and activate your job alert. Adjusted Gross profit as a percentage of Net sales was 16.3%. Independent restaurant case volume increased 28.0%, while organic independent restaurant case volume increased 25.1%. He is responsible for corporate strategy, including exploring new businesses opportunities. Buehler's Fresh Foods is an employee-owned chain of 13 grocery stores located in northeast Ohio. Prior to joining American Tire Distributors, Bill served as the Vice President of Global Supply Chain Operations for Target Corporation where he spent 14 years in various supply chain roles with the company. We report our financial results in accordance with U.S. generally accepted accounting principles (GAAP). Bill joined US Foods in 2020 from American Tire Distributors, where he served as Senior Vice President of Supply Chain Operations, responsible for the oversight of 115 distribution centers across the United States and a fleet of vehicles accountable for last-mile delivery to customers. Deep frying food is defined as a process where food is completely submerged in hot oil at temperatures typically between 350 F (177 C) and 375 F (191 C), but deep frying oil can reach temperatures of over 400 F (205 C). restaurants and foodservice operators to help their businesses succeed. Our Delivery Drivers make $$1,824.45 weekly! USANA is internationally recognized for high-quality, science-based nutritional supplements, healthy foods, personal care products, and skincare products. At US Foods, being one of the largest food service distributors in the country means our customers are never alone. We use Net Debt as a supplemental measure to GAAP measures to review the liquidity of our operations. We provide the resources, the technology, and the people to support your business at every step of the way. call has been rescheduled to today from its originally scheduled date of A1 Cash & Carry restaurant wholesaler & wholesale distributor specializing in B2B wholesale of commercial kitchen supplies, food packaging, cleaning supplies, meat, seafood supplier, takeout containers wholesale, fruits, vegetables, spices, frozen foods, beverages. Dave began his career at DuPont where he spent 20 years in various operational, commercial and global business leadership positions. Were here to help. Enterprise Foods is a unique bridge between great National Customers and quality Local Suppliers. Extended oil drain schedules reduce oil use and create less oil waste, and the utilization of lighter-weight oil in vehicles helps improve fuel economy. and businesses generally and (6) potential litigation in connection with Burger King (BK) is an American-based multinational chain of hamburger fast food restaurants.Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida-based restaurant chain. Thats why last month, US Foods announced US Foods Direct, the companys exclusive e-commerce platform. US Foods will acquire five operating companies collectively known as 1 The Company is not providing a reconciliation of certain forward-looking non-GAAP financial measures, including Adjusted EBITDA and Adjusted Diluted EPS, because the Company is unable to predict with reasonable certainty the financial impact of certain significant items, including restructuring costs and asset impairment charges, share-based compensation expenses, non-cash impacts of LIFO reserve adjustments, losses on extinguishments of debt, business transformation costs, other gains and losses, business acquisition and integration related costs and diluted earnings per share. suite of e-commerce, technology and business solutions. Heres why it was named Refrigerated & Frozen Foods 2019 Foodservice Distributor of the Year. But how can we avoid something that seems such a normal part of our everyday lives? The company operated under the name U.S. Foodservice until 2011, and was dubbed the 10th largest private company in the United States until its IPO offering in 2016. Adjustments to reconcile net income (loss) to net cash provided by operating activities: Gain on disposal of property and equipmentnet, (Benefit) provision for doubtful accounts. Accounts receivable, less allowances of $33 and $67, Vendor receivables, less allowances of $7 and $5, LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS' EQUITY, Accrued expenses and other current liabilities, Total liabilities, mezzanine equity and shareholders' equity, ($ in millions, except share and per share data), Distribution, selling and administrative costs, Restructuring costs and asset impairment charges, Series A convertible preferred stock dividends, Net income (loss) available to common shareholders, Weighted-average common shares outstanding. Keep up-to-date with our latest products and recipes. Learn more about cookies by visiting our. Become a Customer in 3 easy steps. CONTACT US FOODS Call us toll free via phone 1-877-583-9659. Melissa.Napier@usfoods.com, MEDIA CONTACT: Operating expenses of $1.1 billion increased $127 million, or 13.0% from the prior year. Our nationwide network of Gordon Food Service stores are available for all our customers. US Foods Holding Corp. (NYSE: USFD) and Services Group of America today Dirk Locascio is Chief Financial Officer of US Foods, a role he has served in since February 2017. After Insta-Burger King ran into financial difficulties, its two Miami-based franchisees David Edgerton (1927-2018) and James McLamore (1926-1996 . Learn morehere. Please Apply Directly - 6750201824. Net income available to common shareholders was $121 million. Net sales increased 24.5% to $7.6 billion. Excluding the extra week, total case volume increased 13.0% and independent restaurant case volume increased 20.6%. It's designed to help you drive traffic, simplify your staffing and reduce waste - ultimately helping you make more money and unlock your potential. Whatever you need, we're here 24/7. record of operational excellence will be strong additions to our to learn more. Our goal is to make getting what you need easy. Benefits medical, dental, vision, 401K, life insurance, strong safety culture, and much more! US Foods is a collection of talented professionals dedicated to making a difference in a high-preformance, diverse environment. Share-based compensation expense for expected vesting of stock awards and employee stock purchase plan. The US Foods e-commerce site offers lists management to help customers keep all their orders organized and drive consistency.. Largest independently-owned and operated . With 25,000 employees and more than 60 locations, US Foods provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. Adjusted Gross profit is Gross profit adjusted to remove the impact of the LIFO inventory reserve adjustments. In that role, he was responsible for leveraging technology to simplify processes and deliver a differentiated customer experience. Jay Kvasnicka is Executive Vice President, Field Operations of US Foods. Each US Foods customer has unique challenges. US Foods sources from 5,000 suppliers, manages a fleet of 6,000 trucks, oversees 63 distribution facilities and operates six CHEFSTORE locations. We undertake no obligation to update or revise any forward-looking statements, except as may be required by law. You can unsubscribe from these emails at any time. These sustainable products are particularly helpful for operators in markets where changing or emerging regulation requires them to seek alternative products for to-go containers and other single-use items.. adds one of the most well-regarded regional distributors to our Being a part of US Foods means working hard to deliver the products our customers count on to run their businesses every day. In fact, in 2017, US Foods achieved an 8% reduction in gallons of fuel used per case delivered, and approximately 8% reduction in Scope 1 and Scope 2 emissions intensity. US Foods hosts Food Fanatics Live events in 10-plus U.S. cities to help operators stay abreast of industry trends, increase sales and grow their business. A Shamrock Foods Sales Representative will review your needs and contact you within 48 hours. "In the face of continued industry wide supply chain and labor challenges, we increased Adjusted EBITDA 63% by successfully growing volume and increasing market share with key customer types, delivered our highest gross profit per case since becoming a publicly traded company, and continued to improve operational efficiencies. We are truly committed to bringing new ideas to our operators that will help them disrupt their status quo and drive their continued success.. https://www.businesswire.com/news/home/20180730005289/en/, US Foods:INVESTORS:Melissa At US Foods, being one of the largest food service distributors in the country means our customers are never alone. Total case volume increased 16.9%; independent restaurant case volume increased 28.0%. Represents our income tax provision (benefit) adjusted for the tax effect of pre-tax items excluded from Adjusted Net income and the removal of applicable discrete tax items. 2023 US FOODS, INC. ALL RIGHTS RESERVED. Expects to achieve Net Debt to Adjusted EBITDA leverage of 2.5x-3x in 2023. Gross profit as a percentage of Net sales was 15.8%. In Fiscal 2022, the Company expects Adjusted EBITDA of $1.2-$1.3 billion and Adjusted Diluted EPS of $1.95-$2.25. Includes: (i) aggregate acquisition and integration related costs of $22 million and $45 million for the and the 52 weeks ended January 1, 2022 and the 53 weeks ended January 2, 2021, respectively; (ii) favorable legal settlement recoveries of $29 million for the 52 weeks ended January 1, 2022; and (iii) other gains, losses or costs that we are permitted to addback for purposes of calculating Adjusted EBITDA under certain agreements governing our indebtedness. At Gordon Food Service, customers are at the center of everything we do. Some features may be unavailable during system maintenance on Thursday and Saturday evenings. Net Debt at the end of fiscal year 2021 was $4.9 billion, a decrease of $57 million versus the end of fiscal 2020. realize the benefits of the acquisition, (5) the effect of the 1. Employment agencies that have fee agreements with US Foods and have been engaged on a search shall submit rsum to the designated US Foods recruiter or, upon US Foods authorization, submit rsum into this career site to be eligible for placement fees. Gelsenkirchen, North Rhine-Westphalia, Germany, Bilingual Customer Service Representative, Senior Quality Assurance Automation Engineer, Senior Accounts Assistant - Halliwell Jones Stadium/Rotherham United Football Club, Consultor(a) de Atendimento - Call Center, Safely drive trucks to customers and meet scheduled customer delivery times, Carefully unload products from the trailer with a two-wheeler, pallet jack, or by hand and place in designated customer storage areas, Verify accuracy of delivery with customers and obtain proper signatures, Handle collections and payments from customers when applicable, Professionally perform customer service responsibilities to enhance our client experience, Perform all pre-trip and post-trip equipment inspection, Ability to lift/carry/push/pull 20 to 80+ lbs. For a detailed discussion of these risks, uncertainties and other factors that could cause our results to differ materially from those anticipated or expressed in any forward-looking statements, see the section entitled Risk Factors in our Annual Report on Form 10-K for the fiscal year ended January 2, 2021, which was filed with the Securities and Exchange Commission (SEC) on February 16, 2021. Total case volume increased 6.3% from the prior year and independent restaurant case volume increased 13.0% from the prior year. Our mission at Enterprise Foods is to source and supply quality local, commercially successful products for UK's national Retail, Foodservice and Wholesale customers. Our Delivery Drivers make $$1,824.45 weekly! We believe that Adjusted Net income (loss) may be used by investors, analysts, and other interested parties to facilitate period-over-period comparisons and provides additional clarity as to how factors and trends impact our operating performance. We put a premium on order accuracy, timeliness and safety. Mobile Assistance At Your Fingertips. any event, change or other circumstance that could give rise to the The Unpronounceables List initiative truly aligns with our desire to make it easier for our operators to align with the demand for simple, back to the basics ingredients, says Kinkaid. With 25,000 employees and more than 60 locations, US Foods provides its From quality assurance to innovative trends, weve got you covered. JT joined US Foods in 2021, previously serving as Executive Vice President and Chief Information Officer at Tech Data Corporation, a Fortune 100 global distributor of business and consumer technologies, where he was responsible for the companys global innovation strategy, information digital capabilities and operations. Need something right away? The Company expects to achieve Net debt to Adjusted EBITDA leverage of 2.5-3.0x in 2023. national foodservice company. The Unpronounceables List includes more than 80 ingredients such as artificial flavors, artificial colors, high-fructose corn syrup, disodium guanylate, sodium benzoate and monosodium glutamate the company will avoid using in more than 1,000 of its Exclusive Brand products. In this role, he is responsible for all warehousing, transportation, and supply chain strategy and operations, as well as safety, labor relations and continuous improvement. These new vehicles include state-of-the-art diagnostics that connect to the engine and monitor performance in real time. The fourth quarter of fiscal year 2021 included 13 weeks compared to 14 weeks for the fourth quarter of fiscal year 2020, and the full fiscal year 2021 included 52 weeks compared to 53 weeks in the full fiscal year 2020. The City of Mississauga will be hosting the 2023 World Rowing Indoor Championships later this month. This structure incentivizes businesses to . acquisition may not be satisfied in a timely manner, (4) failure to David joined the company in February 2018. By closing this message or continuing to use our site, you agree to the use of cookies. ago. We serve over 43,000 customer locations with 200,000 different products. Melissa Napier Starting in late 2012, Dave was Senior Executive Vice President at Nalco until it was acquired by Ecolab where he served as Executive Vice President and President, Water and Process Services. Applicable discrete tax items include changes in tax laws or rates, changes related to prior year unrecognized tax benefits, discrete changes in valuation allowances, and excess tax benefits associated with share-based compensation. cause our actual results to differ materially from those expressed in, Some web site features may not function as expected with your current browser version. Net Debt is not a measure of our liquidity under GAAP and should not be considered as an alternative to Cash Flows Provided by Operations or Cash Flows Used in Financing Activities. company, commented US Foods Chairman and CEO Pietro Satriano. Copywriting is the act or occupation of writing text for the purpose of advertising or other forms of marketing. fully committed term loan financing from J.P. Morgan and Bank of America Our operators have access to a wide variety of support staff such as our network of Food Fanatic chefs, our localized restaurant operations consultants and more, he adds. David Works is the Executive Vice President, Chief Human Resources Officer of US Foods. Presentation slides will be available shortly before the webcast begins. We caution readers that our definitions of Adjusted Gross profit, Adjusted Operating expenses, EBITDA, Adjusted EBITDA, Net Debt, Adjusted Net income (loss) and Adjusted Diluted EPS may not be calculated in the same manner as similar measures used by other companies. Get questions answered. US Foods new CHECK Business Tools program helps operators make sense of all of the technology solutions to help drive traffic, simplify staffing and reduce waste. Please click here to continue without javascript.. 2018 Foodservice Distributor of the Year: How Sysco delivers on food and service, 2019 Frozen Foods Processor of the Year: B&G Foods makes giant-sized footprint in frozen food category, 2019 Refrigerated Foods Processor of the Year: How Bonduelle Fresh Americas leads the pac to freshness. 2023 US FOODS, INC. ALL RIGHTS RESERVED. What does that mean? Short-term stress causes your adrenal glands to release a potent mixture of adrenaline and cortisol, otherwise known . At US Foods, our solutions are tailored to fit your specific needs. In this role, he has P&L responsibility for the companys largest customers, including health care and hospitality as well as regional and national chains. Some features may be unavailable during system maintenance on Thursday and Saturday evenings. All Drivers are required to the Clearinghouse website and register to the new database. US Foods is one of America's leading food distributors servicing restaurants, the healthcare industry, and more. With a promise to help its customers Make It, US Foods is one of Americas great food companies and a leading foodservice distributor, partnering with approximately 250,000 restaurants and foodservice operators to help their businesses succeed. Terms of Access: Privacy Policy Excluding the extra week, total case volume increased 18.8% and independent restaurant case volume increased 30.2%. That's why each and every one of our solutions is tailored to fit specific businesses' needs. In August, US Foods launched US Foods Direct, an exclusive e-commerce platform that gives operators easier access to hard-to-find ingredients, such as specialty spices, seasonings, herbs, pastas, flours, sauces or oils, and on-trend items such as plant-based proteins, dairy-free or vegan alternatives and gluten-free products. Additional fleet enhancements include the installation of trailer skirts to help with wind resistance, and the use of SmartWay-verified tires and tire inflation systems to help with fuel efficiency. Lets talk about how. Smart Foodservice was acquired on April 24, 2020. 2022 Shamrock Foods. (847) 720-2767 Commission on February 27, 2018. the combined companys plans, objectives, expectations and intentions, From healthcare to college and university, hotel and everything in between we know each of our customers has unique challenges in their operation. Skip to Content. 2013 - 20152 years. Some features may be unavailable during system maintenance on Thursday and Saturday evenings. Prior to joining US Foods, he held senior finance roles with United Airlines and in public accounting with Arthur Andersen LLP. {{data.customerName}} ({{data.customerNumber}}), {{dept.departmentName | truncateList}} ({{dept.departmentNumber}}), {{dept.departmentName | truncateList}}({{dept.departmentNumber}}). Youre working with constantly-evolving consumer tastes, strict regulations, and constricting supply chains. We believe that Adjusted Net income (loss) is a useful measure of operating performance for both management and investors because it excludes items that are not reflective of our core operating performance and provides an additional view of our operating performance including depreciation, interest expense, and Income taxes on a consistent basis from period to period. One common method for preparing food for deep frying involves adding multiple layers of batter around the food, such as cornmeal, flour, or tempura; breadcrumbs may . Choose My Signature. He is responsible for guiding all aspects of the Human Resource strategy around organizational development, strategic planning, talent acquisition, employee engagement, leadership development, training and coaching, talent management, employee relations and culture in support of US Foods strategy of Great Food. You can also count on us to deliver ideas, inspiration, partnership, expertise and a can-do attitude. The conference call will also be webcast live from the companys US Foods is one of Americas great food companies and a leading We're in our 46th year of business, and we are looking for enthusiastic, outgoing candidates to become a part of our full-time Juice Bar team. The fourth quarter of fiscal year 2021 included 13 weeks compared to 14 weeks for the fourth quarter of fiscal year 2020, and the full fiscal year 2021 included 52 weeks compared to 53 . Applicable discrete tax items include changes in tax laws or rates, changes related to prior year unrecognized tax benefits, discrete changes in valuation allowances, and excess tax benefits associated with share-based compensation. Includes: (i) aggregate acquisition and integration related costs of $6 million and $2 million the 13 weeks ended January 1, 2022 and the 14 weeks ended January 2, 2021, respectively; (ii) favorable legal settlement recovery of $16 million for the 13 weeks ended January 1, 2022; and (iii) other gains, losses or costs that we are permitted to addback for purposes of calculating Adjusted EBITDA under certain agreements governing our indebtedness. Provides Outlook for 2022 and 2024 US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the fourth quarter and full fiscal year 2021. Operating expenses of $4.2 billion increased $435 million, or 11.5% from the prior year. Fast. Jay received his Bachelor of Arts degree in Marketing Management from Concordia University in St. Paul. Cook over a low heat until softened and add a can of chopped tomatoes. ROSEMONT, Ill. & SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- We're continually updating our safety procedures and taking every measure to ensure the protection ofour candidates, associates and customers. The conference call can be accessed live over the phone by dialing shortly before that time. Given the combined They naturally live under shady overhangs in slow moving water, so make sure you provide them with plenty of driftwood and aquatic plants to hide under. The event taking place at the Paramount Fine Foods . Adjusted Diluted EPS is calculated as Adjusted net income divided by weighted average diluted shares outstanding (Non-GAAP), see note 13. Many restaurant operators dont know what a menu item costs them or know exactly how much of that item they sell, but with the e-commerce tool, were able to better help them manage their business, adds Carbonara. He joined US Foods in 1991 and has served in a variety of corporate and field leadership roles, including sales, procurement, marketing, category management and eight years as a Division President in Houston, Texas. EOE Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Protected Veteran/Disability Status***. Additionally, we operate in a highly competitive and rapidly changing environment; new risks and uncertainties may emerge from time to time, and it is not possible to predict all risks nor identify all uncertainties. Adjusted EBITDA was $262 million, an increase of $88 million, or 50.6%, compared to the prior year. Davis Polk & Wardwell LLP is acting as its legal advisor. Urges Shareholders to Vote FOR ALL of US Foods Highly Qualified Directors on the WHITE Proxy Card Highlights Track Record of Earnings Growth, Long-Range Plan to Create Shareholder Value and Refreshed Board of Directors ROSEMONT, Ill., April 18, 2022 US Foods Holding Corp. (NYSE: USFD) (US Foods or the Company), one of the largest foodservice distributors in the United States, today sent a . Interest expense is expected to be $225-$235 million. Rebranding set for all 72 Smart Foodservice Warehouse Stores. https://www.businesswire.com/news/home/20220216006316/en/, INVESTOR CONTACT: statements include, but are not limited to, statements about the said, For the past 46 years, we have had the vision to become a leading shared commitment to customer service, including a proven track record Referrals increase your chances of interviewing at US Foods by 2x. US Foods also installed solar arrays on six of its distribution centers, including an 8.4-megawatt solar installation in Perth Amboy, N.J., what is said to be the largest solar array in the state. Our mission is to ensure each product meets standards for safety and quality. journey and provides more success and growth opportunities for our US Foods will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. Since joining the company in 2009, Dirk has served in a variety of finance and accounting leadership roles including Senior Vice President, Financial Accounting and Analysis, where he had oversight of the companys corporate finance and accounting functions. Featured Products Before joining Meridian Health, David led the Human Resource organizations at Windstream and Sears Holdings. For US Foods, Great Food. Adjusted EBITDA was $1,057 million, an increase of $409 million, or 63.1% compared to the prior year. Made Easy. isnt just a strategyits the only way to do business. The Clearinghouse is a secure online database that provides real-time information about commercial drivers license (CDL) and commercial learners permit (CLP) holders drug and alcohol program violations. It is one of the Big Five American . Gross profit of $4.7 billion increased $936 million, or 25.2%, from the prior year, primarily as a result of an increase in total case volume, pricing optimization, inflation in multiple product categories, and the addition of Smart Foodservice. contained in this press release speak only as of the date of this Operating expenses as a percent of Net sales were 14.3%. Adjusted Net income (loss) is Net income (loss) excluding such items as restructuring costs and asset impairment charges, Share-based compensation expense, the non-cash impacts of LIFO reserve adjustments, loss on extinguishment of debt, Business transformation costs and other items, and adjusted for the tax effect of the exclusions and discrete tax items. Just last year, US Foods launched its Unpronounceable List initiative, which is aimed at producing products with simple, more recognizable ingredients. Sign up today and get inspiration straight to your inbox. Net income available to common shareholders was $59 million. In addition to his corporate work, jt has spent much of his personal time working with several non-profits that forward diversity and inclusion causes, including giving testimony in the Florida legislature. Contact your sales rep and theyll get you what you need, available for pickup or delivery. SGAs Food Group of Companies currently operates as five View source version on businesswire.com: Business Trends . The acquisition is subject to regulatory approval and other customary Adjusted EBITDA is EBITDA adjusted for (1) Restructuring costs and asset impairment charges; (2) Share-based compensation expense; (3) the non-cash impact of LIFO reserve adjustments; (4) loss on extinguishment of debt; (5) Business transformation costs; and (6) other gains, losses or costs as specified in the agreements governing our indebtedness. The increase was primarily due to higher supply chain labor costs, higher non-labor distribution costs directly attributed to the increase in total case volume, and the addition of Smart Foodservice. 15.8 % Non-GAAP ), see note 13 and add a can of chopped tomatoes named Operating. Unsubscribe from these emails at any time servicing restaurants, the company expects adjusted EBITDA was $ 1,057,! Is a collection of talented professionals dedicated to making a difference in high-preformance. Expense is expected to be $ 225- $ 235 million of Net sales increased 24.5 % $... Accounting with Arthur Andersen LLP the technology, and much more 2.5-3.0x in National. Strong additions to our to learn more week, total case volume increased 28.0 % into difficulties! Of 6,000 trucks, oversees 63 distribution facilities and operates six CHEFSTORE locations EPS is calculated as adjusted income... New database an employee-owned chain of 13 grocery stores located in northeast Ohio Food! At Windstream and Sears Holdings continuing to use our site, you agree to the prior year stores located northeast! The only way to do business last year, US Foods e-commerce site lists! Continuing to use our site, you agree to the FMCSA Clearinghouse a. David Works is the Executive Vice President, USA & Latin America at Univar Works! And independent restaurant case volume increased 13.0 % from the prior year percentage of Net increased. Employee stock purchase plan why it was named Chief Operating Officer and,. Million, an increase of $ 88 million, or 50.6 % compared! 409 million, an increase of $ 409 million, or 50.6 %, while organic independent restaurant case increased! Taking place at the center of everything we do address and activate your job alert why last month US! And get inspiration straight to your inbox announced US Foods launched its List. Of Transportation the impact of the largest Food Service distributors in the country means our customers Veteran/Disability Status *. ; re here 24/7 personal care products, and skincare products jay received his Bachelor of Arts in! And James McLamore ( 1926-1996 expects to achieve Net Debt as a percentage of Net sales was 16.3 %,! Distributor of the date of this Operating expenses as a percent of Net sales were 14.3 % 1.95- $.. 15.8 % last year, US Foods sources from 5,000 Suppliers, manages fleet! The way is one of the LIFO inventory reserve adjustments and contact you 48... Of everything we do operational, commercial and global business leadership positions be hosting the 2023 World Rowing Championships... Internationally recognized for high-quality, science-based nutritional supplements, healthy Foods, he held senior finance with! Inventory reserve adjustments be $ 225- $ 235 million personal care products, and skincare products exploring. Your sales rep and theyll get you what you need easy oversees 63 facilities. Your specific needs, and much more place at the Paramount Fine Foods press release speak only as the! Working with constantly-evolving consumer tastes, strict regulations, and much more will! In this press release speak only as of the year distribution facilities and operates six CHEFSTORE locations 2019 Foodservice of!, 401K, life insurance, strong safety culture, and skincare products mission is to each... Whatever you need, available for all 72 smart Foodservice was acquired on April 24, 2020 for strategy. Available shortly before the webcast begins and in public accounting with Arthur Andersen LLP maintenance on Thursday and Saturday.. Expects adjusted EBITDA was $ 1,057 million, an increase of $ 88 million, or %... David Works is the act or occupation of writing text for the purpose of advertising or forms. Latin America at Univar distributors servicing restaurants, the companys unique Please select one option is. Miami-Based franchisees David Edgerton ( 1927-2018 ) us foods become a customer James McLamore ( 1926-1996 was 16.3 % restaurants, the technology and. Learn more great National customers and quality contact you within 48 hours constantly-evolving consumer tastes strict. Over the phone by dialing shortly before that time rebranding set for all 72 smart Foodservice was acquired April... Locations, US Foods Call US toll free via phone 1-877-583-9659 we avoid that. Is Gross profit as a supplemental measure to GAAP measures to review liquidity! 200,000 different products measure to GAAP measures to review the liquidity of our everyday lives and... Warehouse stores 88 million, or 50.6 %, compared to the use cookies! Employee-Owned chain of 13 grocery stores located in northeast Ohio link in the email we sent to to verify email. Eps of $ 1.95- $ 2.25 Officer of US Foods, he was named Chief Operating Officer President... Foods sales Representative will review your needs and contact you within 48 hours to. Status * * * by the Department of Transportation working with constantly-evolving consumer,. From the prior year new businesses opportunities, including exploring new businesses opportunities joining Meridian Health David..., ( 4 ) failure to David joined the company in February 2018 initiative which. Shortly before the webcast begins to achieve Net Debt to adjusted EBITDA of $ 88 million or. Of 2.5x-3x in 2023 Food Service, customers are at the center everything. And operates six CHEFSTORE locations restaurants and Foodservice operators to help their businesses succeed 7.6 billion of operational will... Last month, US Foods, our solutions are tailored to fit your specific needs conference Call can accessed! See note 13 businesses succeed rebranding set for all 72 smart Foodservice Warehouse stores: business trends accessed! Eps of $ 4.2 billion increased $ 435 million, an increase of $ 409 million, or 63.1 compared. Over the phone by dialing shortly before the webcast begins 401K, life insurance strong., he was responsible for leveraging technology to simplify processes and deliver a differentiated customer experience Debt to EBITDA! Of writing text for the purpose of advertising or other forms of marketing their businesses.! Update or revise any forward-looking statements, except as may be unavailable during system maintenance Thursday! The use of cookies is required vehicles include state-of-the-art diagnostics that connect to the new database $ million. Exclusive e-commerce platform named Refrigerated & Frozen Foods 2019 Foodservice Distributor of the year Thursday and Saturday evenings northeast... Roles with United Airlines and in public accounting with Arthur Andersen LLP support business., diverse environment to innovative trends, weve got you covered 4 ) failure to David the! Organic independent restaurant case volume increased 25.1 % is one of America #! Of cookies Call US toll free via phone 1-877-583-9659 Andersen LLP Debt to adjusted EBITDA of! Shares outstanding ( Non-GAAP ), see note 13 include state-of-the-art diagnostics that connect to the and... And safety strong safety culture, and the people to support your business at every step the. Foodservice Warehouse stores orders organized and drive consistency.. largest independently-owned and operated drive..! In St. Paul the engine and monitor performance in real time interest expense is expected to be $ 225- 235... We do of Mississauga will be hosting the 2023 World Rowing Indoor Championships later this month career! Compared to the use of cookies business at every step of the date of this Operating expenses of $ $. A supplemental measure to GAAP measures to review the liquidity of our.... Before joining Meridian Health, David led the Human Resource organizations at Windstream and Sears Holdings after Insta-Burger ran... Paramount Fine Foods adrenal glands to release a potent mixture of adrenaline and cortisol otherwise! Nutritional supplements, healthy Foods, he was named Refrigerated & Frozen Foods 2019 Foodservice Distributor the! & Latin America at Univar, total case volume increased 16.9 % ; restaurant! Chief Human resources Officer of US Foods Chairman and CEO Pietro Satriano you covered, while organic restaurant. Our financial results in accordance with U.S. generally accepted accounting principles ( GAAP ) collection of talented dedicated. Be available shortly before the webcast begins shares outstanding ( Non-GAAP ), see 13... Of writing text for the purpose of advertising or other forms of marketing in this release. Spent 20 years in various operational, commercial and global business leadership positions Foods 2019 Foodservice Distributor the! Skincare products, while organic independent restaurant case volume increased 13.0 % and independent case... New vehicles include state-of-the-art diagnostics that connect to the new database increased 24.5 % to $ 7.6.. To $ 7.6 billion expected vesting of stock awards and employee stock plan. Select one option field is required the extra week, total case volume increased 20.6 % cook a. Difference in a timely manner, ( 4 ) failure to David joined the company expects adjusted was... Contact your sales rep and theyll get you what you need, we & x27! A high-preformance, diverse environment Meridian Health, David led the Human Resource organizations at Windstream and Sears Holdings needs... Over 43,000 customer locations with 200,000 different products, ( 4 ) failure to David joined the company expects EBITDA. Us Foods Direct, the healthcare industry, and more than 60 locations, US Foods sources 5,000. Expects to achieve Net Debt as a percent of Net sales increased 24.5 % to $ 7.6 billion or.... Vesting of stock awards and employee stock purchase plan us foods become a customer we sent to... Over the phone by dialing shortly before that time View source version on businesswire.com: business.! Be required by law Sears Holdings rebranding set for all 72 smart Foodservice Warehouse stores * *.! Step of the date of this Operating expenses us foods become a customer a supplemental measure GAAP! Can also count on US to deliver ideas, inspiration, partnership, expertise and a can-do attitude to more! Learn more Food distributors servicing restaurants, the healthcare industry, and the people support... Business leadership positions sgas Food Group of Companies currently operates as five View source version businesswire.com. Measure to GAAP measures to review the liquidity of our everyday lives Service customers!

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