USFD Q1 2025 Earnings
Reported May 8, 2025 at 6:48 AM ET · SEC Source
Q1 25 EPS
$0.68
MISS 2.05%
Est. $0.69
Q1 25 Revenue
$9.35B
MISS 0.43%
Est. $9.39B
vs S&P Since Q1 25
+0.5%
BEATING MARKET
USFD +28.0% vs S&P +27.5%
Market Reaction
Did USFD Beat Earnings? Q1 2025 Results
US Foods came in just shy of expectations in the first quarter of fiscal 2025, with adjusted diluted EPS of $0.68 missing the $0.69 consensus estimate by 2.05% and net sales of $9.35 billion falling 0.43% below forecasts, even as revenue climbed 4.5%… Read more US Foods came in just shy of expectations in the first quarter of fiscal 2025, with adjusted diluted EPS of $0.68 missing the $0.69 consensus estimate by 2.05% and net sales of $9.35 billion falling 0.43% below forecasts, even as revenue climbed 4.5% year over year amid weather-related headwinds that management acknowledged weighed on the period. The underlying business showed genuine momentum, with net income jumping 40.2% to $115 million and Adjusted EBITDA rising 9.3% to $389 million, supported by operating leverage that saw Adjusted Gross Profit grow 5.1% while Adjusted Operating Expenses rose a more modest 3.9%. Independent restaurant case volume grew for the 16th consecutive quarter, and the company's expanding digital tools, including AI-based menu management and real-time inventory capabilities, were cited as meaningful contributors to growth in key segments. US Foods also announced a new $1 billion share repurchase program and reaffirmed full-year 2025 guidance calling for net sales growth of 4% to 6% and Adjusted Diluted EPS growth of 17% to 23%.
Key Takeaways
- • Independent restaurant case volume grew 2.5%, marking 16th consecutive quarter of growth
- • Healthcare volume increased 6.1%, 18th consecutive quarter of growth
- • Hospitality volume increased 3.6%
- • Food cost inflation of 3.0% contributed to top-line growth
- • Improved cost of goods sold and pricing optimization drove gross profit expansion
- • Favorable year-over-year LIFO adjustment
- • Operating leverage improvement as Adjusted Gross Profit grew faster than Adjusted Operating Expenses
- • Distribution productivity improvements and streamlined administrative processes
USFD YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
“During the first quarter we outperformed the industry and again delivered strong profitability, with Adjusted EBITDA growing 9% and Adjusted Diluted EPS increasing 26%, despite the challenging operating environment and weather-related headwinds. Our results speak to the strength of our customer value proposition and relentless execution of our strategy.”
— Dave Flitman, Q1 2025 Earnings Press Release
USFD Earnings Trends
USFD vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
USFD EPS Trend
Earnings per share: estimate vs actual
USFD Revenue Trend
Quarterly revenue: estimate vs actual
USFD Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 25 BEAT FY | $0.82 | $1.04 | +26.83% | $9.80B | -1.07% |
| FY Full Year | $3.94 | $3.98 | +0.98% | $39.42B | -0.27% |
| Q2 25 BEAT | $1.13 | $1.19 | +5.13% | $10.08B | -1.01% |
| Q1 25 MISS | $0.69 | $0.68 | -2.05% | $9.35B | -0.43% |
| Q4 24 BEAT FY | $0.80 | $0.84 | +5.00% | $9.49B | -0.07% |
| FY Full Year | $3.13 | $3.15 | +0.77% | $37.88B | -0.02% |