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December 01, 2015 5:27 PM ET

Food and Staples Retailing

Company Overview of US Foods, Inc.

Company Overview

US Foods, Inc. operates as a foodservice distributor in the United States. The company offers an array of fresh, frozen and dry food, and non-food products with approximately 350,000 stock-keeping units. Its principal product categories include meats and seafood; dry grocery products; refrigerated and frozen grocery products; equipment, disposables, and supplies; dairy; produce; and beverage products. The company primarily serves independently owned single and multi-location restaurants, regional concepts, national chains, hospitals, nursing homes, hotels and motels, country clubs, fitness centers, government and military organizations, colleges and universities, and retail locations. The co...

9399 West Higgins Road

Suite 500

Rosemont, IL 60018

United States

Founded in 1853

25,000 Employees



Key Executives for US Foods, Inc.

Chief Executive Officer and President
Age: 52
Chief Financial Officer and Director
Age: 49
Baltimore Division President
Division President of U.S. Foodservice-Los Angeles
Chief Compliance Officer, Executive Vice President, General Counsel and Director
Age: 50
Compensation as of Fiscal Year 2015.

US Foods, Inc. Key Developments

US Foods, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter Ended September 26, 2015; Provides CapEx Guidance for 2015

US Foods, Inc. reported unaudited consolidated earnings results for the third quarter ended September 26, 2015. For the quarter, the company reported net sales of $5.8 billion. This result was down $115 million or 1.9% from the prior year period. Adjusted EBITDA was $225 million, an increase of 3% from the prior year. Net income was $36 million, an increase of $73 million from the prior year. The company finished the quarter with $4.3 billion in net debt. Cash flow from operations were $20 million. In 2015, the company expects total investment of approximately $300 million, cash CapEx of approximately $200 million and fleet capital leases of approximately $100 million. And the company expects to fund 2015 cash capital expenditures with the available cash or cash generated from operations, contributing to an improved net debt result.

US Foods, Inc., Q3 2015 Earnings Call, Nov 09, 2015

US Foods, Inc., Q3 2015 Earnings Call, Nov 09, 2015

US Foods, Inc. Announces Executive Changes

On August 14, 2015, US Foods, Inc. announced that its Chief Operating Officer, Stuart Schuette, would be leaving the company effective September 30, 2015 to pursue new opportunities. On August 14, 2015, the company announced that Greg Schaffner, previously the Region President for the Southwest Region, will be promoted to be the company's Executive Vice President, Field Operations. In this new position, Mr. Schaffner will be responsible for leading field operations across the country, including responsibility for all financial results. Greg will also be responsible for implementing key aspects of the long range plan. Region Presidents will now report to Mr. Schaffner. In addition, Jay Kvasnicka, previously President of the Midwest Region, will take on the role of Executive Vice President, Locally-Managed Sales for US Foods. In this new position, Mr. Kvasnicka will be responsible for accelerating the deployment of the Company's sales coverage model, as well as other sales-related aspects of its long range plan. Mr. Kvasnicka will also be accountable for all tools and training across the entire sales organization, including e-Commerce and Value Added Services.

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