US Foods Holding Corp (USFD) Sector
Consumer Staples

(Current) $62.00
-0.43 (-0.69%) Open Price: 62.27

 

US Foods Holding Corp., formerly known as U.S. Foodservice, is a major player in the American food distribution industry. Founded in 1989 and headquartered in Rosemont, Illinois, the company boasts a rich history of supplying food and related products to a vast network of customers. Interestingly, US Foods has its roots in companies established much earlier, with one entity tracing back to the 1850s gold rush where it provided provisions to westward travelers.

 

Today, US Foods is a publicly traded company under the ticker symbol USFD on the New York Stock Exchange. They serve a diverse clientele, supplying approximately 250,000 restaurants and foodservice operators across the United States. This includes independent restaurants, multi-unit chains, healthcare and hospitality entities, even government and educational institutions. With a broad product range exceeding 350,000 national brand products and their own private label items, US Foods caters to the varied needs of their customers. They offer everything from fresh meats and produce to prepackaged and frozen foods, ensuring a one-stop shop for their clients.

 

US Foods goes beyond just supplying ingredients. They have embraced e-commerce and technological solutions to streamline the ordering process and provide valuable business tools to their customers. Additionally, US Foods emphasizes a comprehensive suite of services, including business consultation and marketing support, aiming to be a partner in their customers' success.

 

US Foods recently outlined its financial targets for 2025 to 2027, indicating a focus on continued growth. They may be planning to expand their reach or invest further in technological advancements to solidify their position within the competitive food distribution landscape.

 



 

(10/16/24) $62.27
(10/18/24) $62.43
(10/18/24) (Qty.)1,339,601
(10/16/24) $62.24
(10/16/24) $63.05
(09/29/24) $60.15
(10/13/24) $63.13
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