Performance Food Group Revenue, Net Income & 10-K Summary

Core business

Markets and distributes more than 300,000 food and food-related products across North America.
Operates and services customers from more than 150 distribution centers.
Serves over 350,000 customer locations in the food-away-from-home industry.
Provides value-added services including product selection and procurement, menu development, and operational strategy to help customers optimize sourcing and operations.
Sources products from a broad supplier base and gives suppliers access to PFG’s extensive customer network.

PFG reports results across three operating segments; Corporate & All Other contains unallocated corporate overhead and certain smaller operations.

Foodservice
- Broadline distributor offering meat and seafood, frozen and refrigerated products, dry groceries, disposables, cleaning and kitchen supplies, and more.
- Operates 90 distribution centers organized by local market teams.
Convenience
- Wholesale distributor to convenience stores, drug stores, mass merchants, grocery stores, liquor stores, and other small-format outlets in the U.S. and Canada.
- Product mix includes cigarettes and alternative nicotine products, candy, snacks, groceries, dairy, beverages, general merchandise, and health and beauty care.
- Operates 38 distribution centers and six redistribution centers, plus additional third-party logistics operations.
Specialty
- National distributor of candy, snacks, beverages, fresh and frozen perishable foods, and other non-food items.
- Operates 26 distribution centers and serves channels such as vending, office coffee service, retailers, entertainment venues, and theaters.
Corporate & All Other
- Unallocated corporate overhead and smaller operations; capital expenditures for IT projects may be allocated to segments when placed in service.

Employs over 44,000 associates (as of June 27, 2026).
Approximately 2,800 associates are members of local unions.
No single customer accounted for more than 10% of consolidated net sales in fiscal 2026, 2025, or 2024.

Serves independent and chain restaurants, schools, business and industry locations, vending distributors, office coffee service distributors, retailers, convenience stores, and theaters.

Offers Performance Brands (higher margin) and nationally branded products; some national chains brand SKUs to exclusive specifications.
Trademarks include Performance Food Group®, Performance Foodservice®, Core-Mark®, and VistarSM.

North American footprint focused on food-away-from-home channels across independent and multi-unit customers.
Specialty distribution supports direct-to-consumer fulfillment for supplier partners and customers with smaller order sizes via third-party carriers.

Relies on third-party suppliers, often without long-term contracts.
Pricing mechanisms include contracts with fixed markups and variable pricing at the time of order.
Inventory turns occur approximately every 3–4 weeks and are used alongside other hedging and offset strategies to manage exposure to cost fluctuations.

Emphasizes scale, geographic coverage, supply chain efficiency, and network optimization to serve customers from the most efficient distribution centers.
Maintains a network that supports a mix of high-volume, lower-margin business and higher-margin, value-added service offerings.

Indebtedness: $6.8 billion of indebtedness as of June 27, 2026 (including finance lease obligations).
Liquidity: $2.9 billion of availability under the ABL Facility.

Business performance is sensitive to macroeconomic conditions, fuel and labor costs, commodity price volatility, and regulatory changes, which can affect purchasing power, pricing, margins, and customer demand.
Dependence on technology introduces potential cybersecurity and operational risks.