US Foods Q1: 10% Topline Growth, Solid Case Volume, Reaffirmed FY23 Outlook & More

Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.

Share Price: $0.80

Min. Investment: $1,000

Valuation: $3.5B

US Foods Holding Corp USFD reported first-quarter FY23 sales growth of 9.5% year-on-year to $8.54 billion, beating the consensus of $8.49 billion.
Total case volume rose 5.7% and independent restaurant case volume grew 8.1%.
Gross profit increased 19.2% Y/Y to $1.4 billion with a profit margin of 16.7%.
Operating expenses rose 6.6% Y/Y to $1.2 billion. The operating margin was 2.2%, and the operating income was $187 million.
The company held $292 million in cash and equivalents as of April 1, 2023. Net cash provided by operating activities for three months amounted to $279 million.
Adjusted EBITDA of $337 million, increased 39.8% Y/Y, and the margin expanded 80 basis points to 3.9%.
Adjusted EPS was $0.50, beating the $0.42 estimate.
Outlook, reaffirmed: US Foods sees FY23 adjusted EPS to $2.45 - $2.65 versus an estimate of $2.56.
It sees Adjusted EBITDA of $1.45 billion- $1.51 billion.
Price Action: USFD shares are trading higher by 2.09% at $38.52 on the last check Thursday.

Momentum87.05

Growth67.42

QualityNot Available

Value29.43

Short

Medium

Long

Earnings Calendar