Analyst Consensus ?
ConsensusBuy26 ratings
Bullish2492.3%
Neutral27.7%
Bearish00.0%
Performance Food Group Co · PFGC · FY2025 Q2 · Calendar Q1 2025
PFGC: Growth and Integration Progress, With Leverage a Key Watchpoint
The supplied analysis supports a constructive operating picture: organic case growth, acquisition integration, and a raised outlook strengthen the growth case, but elevated leverage and cost or demand risks make the durability of that trajectory the key issue.
Reported Before market openNYSEConsumer Defensive
$14.88B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $1.04
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $15.46B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-2.6%
Event window
SPY move
+0.4%
Same window
Abnormal move
-3.0%
Stock minus SPY
Volume
2.8×
Versus trailing sessions
Subsequent drift
-10.8%
Up to 20 sessions
PFGCSPY benchmark
Ask FN2 about PFGC FY2025 Q2
Transcript, numbers and history already loaded
What drove PFGC's -2.6% move after FY2025 Q2 earnings?What changed in PFGC's guidance and outlook in FY2025 Q2?Give me the bull and bear case for PFGC after FY2025 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior-quarter analysis, the current analysis highlights faster organic independent case growth, adjusted EBITDA above prior guidance, a raised full-year outlook, and more evidence of acquisition integration. Capital spending is characterized as stable, while debt reduction remains a central priority.
Guidance delta
Management raised full-year sales and adjusted EBITDA guidance, according to the supplied transcript analysis.
Key takeaways
- Organic independent restaurant case growth accelerated, while adjusted EBITDA exceeded prior guidance.
- Recent acquisitions are contributing top- and bottom-line momentum, with further integration work ahead.
- The main counterweight is elevated leverage alongside inflation, tariff, and weather risks.
Management priorities
- Integrate Chaney Brothers and Jose Santiago and pursue expected synergies.
- Maintain disciplined capital spending while funding growth projects.
- Reduce debt toward the stated leverage target and expand micro-market and convenience foodservice offerings.
Follow PFGC with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$94.71Current
$62Low
$105.05Average
$136High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 26, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| TD Cowen | Buy | Buy | Maintain | Oct 15, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Oct 15, 2026 |
| UBS | Buy | Buy | Maintain | Aug 14, 2026 |
| Citigroup | Buy | Buy | Maintain | Aug 13, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Jul 14, 2026 |
| Guggenheim | Buy | Buy | Maintain | Jun 29, 2026 |
| Barclays | Overweight | Overweight | Maintain | May 7, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Dec 12, 2025 |
| Truist Securities | Buy | Buy | Maintain | Aug 14, 2025 |
| BMO Capital | Outperform | Outperform | Maintain | Nov 7, 2024 |
| Jefferies | Buy | Buy | Maintain | Sep 25, 2024 |
| Deutsche Bank | Buy | Buy | Maintain | Aug 15, 2024 |
| Stephens & Co. | Overweight | Overweight | Maintain | Feb 8, 2024 |
| Credit Suisse | Outperform | Outperform | Maintain | May 11, 2023 |
| Berenberg | Buy | Buy | Maintain | May 18, 2022 |
| CL King | Buy | Buy | Maintain | Mar 11, 2022 |
| BTIG | Neutral | Buy | Downgrade | Aug 20, 2021 |
| Wolfe Research | Outperform | Outperform | Maintain | Sep 23, 2020 |
| Buckingham Research | Buy | Buy | Maintain | Feb 6, 2020 |
| Buckingham | Buy | Buy | Maintain | Feb 6, 2020 |
| Bank of America | Buy | Buy | Maintain | Oct 2, 2019 |
| B of A Securities | Buy | Buy | Maintain | Oct 2, 2019 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Aug 10, 2018 |
| Loop Capital | Buy | Buy | Maintain | May 16, 2017 |
| Goldman Sachs | Buy | Buy | Maintain | Dec 9, 2016 |
| BB&T Capital | Buy | Buy | Maintain | Oct 27, 2015 |
Named analyst price targets
Upside is calculated against the persisted current price $94.71. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Morgan Stanley | Analyst unavailable | $136 | $95.08 | +43.6% | Oct 15, 2026 |
| UBS | Mark Carden | $130 | $105.92 | +37.3% | Aug 17, 2026 |
| Deutsche Bank | Lauren Silberman | $133 | $104.9 | +40.4% | Aug 13, 2026 |
| Morgan Stanley | Analyst unavailable | $131 | $112.99 | +38.3% | Jul 15, 2026 |
| Wells Fargo | Analyst unavailable | $130 | $113.31 | +37.3% | Jul 14, 2026 |
| Guggenheim | John Heinbockel | $125 | $110.44 | +32.0% | Jun 29, 2026 |
| Deutsche Bank | Analyst unavailable | $123 | $91.6 | +29.9% | May 7, 2026 |
| Barclays | Analyst unavailable | $115 | $92.88 | +21.4% | May 7, 2026 |
| UBS | Analyst unavailable | $108 | $89.86 | +14.0% | Feb 5, 2026 |
| Morgan Stanley | Analyst unavailable | $123 | $97.61 | +29.9% | Jan 20, 2026 |
| Barclays | Analyst unavailable | $105 | $87.47 | +10.9% | Jan 7, 2026 |
| UBS | Mark Carden | $120 | $91.66 | +26.7% | Dec 19, 2025 |
| Piper Sandler | Brian Mullan | $111 | $94.4 | +17.2% | Dec 12, 2025 |
| Barclays | Analyst unavailable | $118 | $100.94 | +24.6% | Oct 22, 2025 |
| Bernstein | Danilo Gargiulo | $130 | $101.14 | +37.3% | Oct 22, 2025 |
| Piper Sandler | Analyst unavailable | $114 | $105.18 | +20.4% | Sep 2, 2025 |
| Guggenheim | John Heinbockel | $115 | $102.11 | +21.4% | Aug 26, 2025 |
| Wells Fargo | Edward Kelly | $115 | $101.27 | +21.4% | Aug 13, 2025 |
| Bernstein | Jeffrey Bernstein | $112 | $84.66 | +18.3% | May 29, 2025 |
| Piper Sandler | Brian Mullan | $92 | $83.69 | -2.9% | Nov 18, 2024 |
| Wells Fargo | Edward Kelly | $88 | $78.41 | -7.1% | Oct 8, 2024 |
| Truist Financial | Jake Bartlett | $88 | $72.12 | -7.1% | Aug 15, 2024 |
| Deutsche Bank | Lauren Silberman | $94 | $72.25 | -0.7% | Aug 15, 2024 |
| BMO Capital | Kelly Bania | $87 | $72.25 | -8.1% | Aug 15, 2024 |
| Stephens | Joshua Long | $75 | $60.47 | -20.8% | Nov 8, 2023 |
| BMO Capital | Analyst unavailable | $70 | $52.25 | -26.1% | Aug 19, 2022 |
| Deutsche Bank | Analyst unavailable | $60 | $52.37 | -36.6% | Aug 18, 2022 |
| Truist Financial | Analyst unavailable | $67 | $52.1 | -29.3% | Aug 18, 2022 |
| Deutsche Bank | Analyst unavailable | $58 | $45.11 | -38.8% | May 13, 2022 |
| UBS | Mark Carden | $63 | $47.95 | -33.5% | Nov 11, 2021 |
| Credit Suisse | Lauren Silberman | $70 | $47.95 | -26.1% | Nov 11, 2021 |
| BMO Capital | Kelly Bania | $61 | $45.31 | -35.6% | Sep 17, 2021 |
| Guggenheim | John Heinbockel | $65 | $48.83 | -31.4% | Jun 21, 2021 |
| Wolfe Research | Greg Badishkanian | $62 | $53.94 | -34.5% | May 10, 2021 |
Track every rating change on PFGC the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationPerformance Food Group Company, through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America. It operates through three segments: Foodservice, Convenience, and Specialty. The company offers beef, pork, poultry, and seafood; frozen food and refrigerated products; dry groceries comprising cleaning and kitchen supplies and disposables; candy, snacks, and beverages; and fresh products, groceries, dairy, bread, beverages, general merchandise, and health and beauty care products, as well as cigarettes and other nicotine products.…
Historical context
All PFGC earningsConsumer Defensive peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| PG The Procter & Gamble Company | FY2027 Q1 · Calendar Q4 2026 | +6.4% | +5.6% | P&G: Volume Growth Supports FY2027 Guidance Despite Cost Headwinds |
Latest beats and misses
Who reports nextBeat on EPS
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
- FCNCNFY2026 Q3 · October 23, 2026+19.9% EPS+0.2% move
- FCNCOFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- FCNCPFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- RDYFY2027 Q2 · October 23, 2026+24.0% EPS-0.2% move
- SLBFY2026 Q3 · October 23, 2026+3.7% EPS+7.1% move
Missed on EPS
- INFYFY2027 Q2 · October 23, 2026-4.8% EPS-6.6% move
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
- SPOTFY2026 Q3 · October 22, 2026-11.6% EPS+11.1% move
- VRSNFY2026 Q3 · October 22, 2026-2.0% EPS-0.9% move
- HBANMFY2026 Q3 · October 22, 2026-5.3% EPS+0.5% move
Get the PFGC recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-01-22T00:04:22.296664+00:00
- Polygon adjusted daily market bars · 2026-10-26T03:20:43.638484+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-26T03:20:43.635670+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-26. For educational purposes only; not investment advice.