US Foods Holding Corp. (NYSE:USFD) reported fourth-quarter adjusted earnings that surpassed Wall Street estimates, even as revenue narrowly missed expectations.
Shares ticked up 0.31% in premarket trading following the results.
The foodservice distributor posted adjusted earnings per share of $1.04, ahead of the $1.01 consensus estimate. Quarterly revenue reached $9.8 billion, up 3.3% year over year but just below analyst projections of $9.94 billion.
Total case volume increased 0.8% in the quarter, while independent restaurant case volume — a key growth area — rose 4.1%.
Net income surged 178.8% to $184 million, and adjusted EBITDA climbed 11.1% to $490 million. Adjusted EBITDA margin improved by 35 basis points to 5.0% compared with the prior-year period.
“2025 was a strong start to our three year long-range plan. We grew Adjusted EBITDA 11% to a record $1.9 billion, expanded Adjusted EBITDA margin by 30 basis points to 4.9%, and increased Adjusted Diluted EPS 26% to a record $3.98,” said Dave Flitman, CEO of US Foods. “We delivered these strong results despite a softer economic environment by continuing to focus on controlling the controllables.”
For full-year 2025, US Foods generated $39.4 billion in net sales, representing 4.1% growth from the previous year. Annual net income rose 36.8% to $676 million.
Looking to fiscal 2026, the company expects net sales growth of 4% to 6%, adjusted EBITDA growth of 9% to 13%, and adjusted diluted EPS growth of 18% to 24%.
Management also noted that fiscal 2026 will include a 53rd week, which is anticipated to contribute roughly 1% to both total case growth and adjusted EBITDA growth.
During the fourth quarter, US Foods repurchased 4.2 million shares for $327 million. For the full year, the company bought back 11.9 million shares at a total cost of $934 million.