US Foods Holding Corp will host a live conference call and webcast to discuss its third quarter 2026 financial results on Thursday, November 5, 2026, at 8:00 am CST.

Conference call details

Investors and analysts can access the live conference call by dialing (888) 660-6196. Participants are advised to dial in 10 minutes prior to the scheduled start time and provide the Conference ID USFDQ326 to be connected.

A live webcast of the event will also be available from the company’s Investor Relations website. Presentation slides intended for review during the webcast will be posted in the Events & Presentations section of the Investor Relations site before the broadcast begins.

Replay availability

Following the live event, a replay will be made available for those unable to attend in real time. To access the replay, interested parties must register via the link provided on the company’s investor relations portal. An archive of the webcast will be accessible at the same location beginning at 12:00 pm CST on November 5, 2026.

About US Foods

US Foods is one of America’s leading foodservice distributors, partnering with approximately 250,000 customer locations. The company operates more than 70 broadline distribution centers and over 90 cash-and-carry stores. With a workforce of 30,000 associates, US Foods provides customers with a broad food offering and comprehensive e-commerce, technology, and business solutions. The company is headquartered in Rosemont, Illinois.

US Foods Holding Corp reported strong second-quarter fiscal 2026 results on Thursday, delivering record adjusted EBITDA of $604 million and adjusted diluted earnings per share (EPS) of $1.44, representing a 21% increase year-over-year.

The company’s performance was driven by robust volume growth in its target customer segments, particularly independent restaurants, which saw case growth accelerate to 5.1%. This marks the fifth consecutive quarter of acceleration for this segment, despite persistent pressure on broader industry foot traffic. Net sales increased 4.5% to $10.5 billion, supported by total case volume growth of 1.9% and a food cost inflation and mix impact of 2.6%.

Financial Performance Highlights

The quarter showcased significant operating leverage, with adjusted gross profit per case growing faster than adjusted operating expenses per case. Adjusted EBITDA margin expanded by 29 basis points to a record 5.7%. The divergence between EBITDA growth (10.2%) and EPS growth (21%) highlights the benefit of disciplined capital allocation, specifically through share repurchases.

Segment Growth and Strategic Initiatives

Independent restaurant volumes grew 5.1%, healthcare volumes rose 3.5%, and hospitality volumes increased 4.4%. The company noted it has now achieved 21 consecutive quarters of share gains with independent restaurants. A key driver of this momentum is the Pronto delivery service, which is live in 52 markets and expected to generate approximately $1.3 billion in sales in 2026, up from $1 billion in 2025.

Management also highlighted the successful rollout of a new seller compensation plan in June, which aligns incentives with long-term growth objectives. Early indicators show positive seller engagement and flat attrition rates. Additionally, the company continues to integrate AI into its operations, with tools like Visit Assistant providing over 700,000 actionable insights to sellers in the first six weeks of deployment.

What the Numbers Show

A critical observation from the financials is the disproportionate growth in adjusted EPS (21%) compared to adjusted EBITDA (10.2%). This gap underscores the effectiveness of the company’s capital allocation strategy, particularly the repurchase of over $370 million in shares during the quarter. While operational improvements drove the EBITDA expansion, the EPS outperformance was significantly amplified by the reduction in share count, demonstrating how disciplined balance sheet management can enhance shareholder returns beyond pure operational gains.

Guidance and Outlook

US Foods reaffirmed its full-year fiscal 2026 guidance, expecting net sales growth of 4% to 6%, adjusted EBITDA growth of 9% to 13%, and adjusted EPS growth of 18% to 24%. The company ended the quarter with net leverage of 2.6 times, well within its target range of 2x to 3x. Year-to-date operating cash flow stood at $725 million, supporting both growth investments and shareholder returns.