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US Foods 2 Major Departures Of Management!!

|Includes: US Foods Holding (USFD)

USFD earnings coming February 15 AM conf. Call.

Company announced 2 major management departures recently:

January 12, 2017 CFO Gareed Khan resigned and has left the company.

February 13, 2017 Chief Supply Chain Officer will be leaving the company effective March 31, 2017.

This is a usually not a good sign for a company that is doing well.

Will see but seems to me there are more questions then answers about the earnings and sales of this newly public company.

Maybe we will find out on their conference call Wednesday.

Stay tuned!

Disclosure: I am/we are short USFD.