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US Foods Holding Priced, NYSE: USFD

Second-largest US foodservice distributor LBO'd by KKR and CD&R.

Industry: Consumer Staples

First Day Return: +8.3%

Industry: Consumer Staples

US Foods is among America's great food companies and one of only two foodservice distributors with a national footprint in the United States. With net sales of $23 billion in the fiscal year ended January 2, 2016, we are the second largest foodservice distributor in the United States with a 2015 market share of approximately 9%. The U.S. foodservice distribution industry is large, fragmented, and growing, with total industry sales of $268 billion in 2015. Our mission is to be First In Food. We strive to inspire and empower chefs and foodservice operators to bring great food experiences to consumers. This mission is supported by our strategy of Great Food. Made Easy. This strategy centers on providing a broad and innovative offering of high-quality products to our customers, as well as a comprehensive suite of industry-leading e-commerce, technology, and business solutions.
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US Foods Holding (USFD) Performance