US Foods Projecting Confidence Despite Choppy Trends -- Market Talk

Dow Jones

Jan 16, 2025

1242 ET - US Foods Holdings is standing by its 2024 guidance despite suggestions that sales were choppy in 4Q, BTIG analysts Peter Saleh and Ben Parente say in a research note after attending the ICR consumer conference. Management's commentary indicated that sales improved after the two hurricanes in the Southeast, but were hurt by the shortened holiday season, the analysts say. Management also noted that wildfires in Southern California have weighed on trends, though other operators suggest that the hotel and hospitality industry, which US Foods serves, has been a beneficiary, they say. The analysts expect US Foods to deliver on its forecasts thanks to healthy demand for food away from home. Shares rise 1.5% to $67.93. (dean.seal@wsj.com)

(END) Dow Jones Newswires

January 15, 2025 12:42 ET (17:42 GMT)

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Management's commentary indicated that sales improved after the two hurricanes in the Southeast, but were hurt by the shortened holiday season, the analysts say. Management also noted that wildfires in Southern California have weighed on trends, though other operators suggest that the hotel and hospitality industry, which US Foods serves, has been a beneficiary, they say. The analysts expect US Foods to deliver on its forecasts thanks to healthy demand for food away from home. Shares rise 1.5% to $67.93. (dean.seal@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 15, 2025 12:42 ET (17:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Foods Projecting Confidence Despite Choppy Trends -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Foods Projecting Confidence Despite Choppy Trends -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-16 01:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1242 ET - US Foods Holdings is standing by its 2024 guidance despite suggestions that sales were choppy in 4Q, BTIG analysts Peter Saleh and Ben Parente say in a research note after attending the ICR consumer conference. Management's commentary indicated that sales improved after the two hurricanes in the Southeast, but were hurt by the shortened holiday season, the analysts say. Management also noted that wildfires in Southern California have weighed on trends, though other operators suggest that the hotel and hospitality industry, which US Foods serves, has been a beneficiary, they say. The analysts expect US Foods to deliver on its forecasts thanks to healthy demand for food away from home. Shares rise 1.5% to $67.93. (dean.seal@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 15, 2025 12:42 ET (17:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014013.SGD","symbol_name":"United Global Durable Equities Fund Dis SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503620119","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503620119","pubTimestamp":1736962920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1242 ET - US Foods Holdings is standing by its 2024 guidance despite suggestions that sales were choppy in 4Q, BTIG analysts Peter Saleh and Ben Parente say in a research note after attending the ICR consumer conference. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999014013.SGD":"United Global Durable Equities Fund Dis SGD","USFD":"美国食品控股","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","SG9999014039.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) INC","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","BK4102":"食品分销商","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","SG9999014021.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) ACC"},"translate_title":"尽管趋势波动，美国食品仍表现出信心——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"USFD":0.9},"content_text":"1242 ET - US Foods Holdings is standing by its 2024 guidance despite suggestions that sales were choppy in 4Q, BTIG analysts Peter Saleh and Ben Parente say in a research note after attending the ICR consumer conference. Management's commentary indicated that sales improved after the two hurricanes in the Southeast, but were hurt by the shortened holiday season, the analysts say. Management also noted that wildfires in Southern California have weighed on trends, though other operators suggest that the hotel and hospitality industry, which US Foods serves, has been a beneficiary, they say. The analysts expect US Foods to deliver on its forecasts thanks to healthy demand for food away from home. Shares rise 1.5% to $67.93. (dean.seal@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 15, 2025 12:42 ET (17:42 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}