Post-earnings rally for US Foods

|About: US Foods Holding (USFD)|By:, SA News Editor

US Foods (NYSE:USFD) trades higher after slipping past consensus estimates with its Q4 report.

Total case volume was up 1.9% during the quarter, driven higher by a 7.1% increase in independent restaurant case volume.

Adjusted EBITDA rose 9.4% Y/Y to $290M.

US Foods expects total case volume growth of 1% to 2% in FY18 and adjusted EBITDA growth of 6% to 8%. Full-year EPS of $2.00 to $2.10 is anticipated.

Previously: US Foods beats by $0.01, beats on revenue (Feb. 15)

USFD +4.04% premarket to $31.20.