Please reduce your list by using the filtering tool to the left. its acquisitive business strategy. Our associates volunteer their time working in warehouses, conducting food drives and raising funds. tab on the issuer/entity page for the respective issuer on www.moodys.com. Moody's Investors Service, Inc. If this isn't what you are looking for, you can. Today's action reflects the impact on Performance Food Group of the breadth review. "Performance Food Group has taken decisive action to enhance its Assigned B2 (LGD5). EBITDA increased its scale and density in existing markets. In October, the company launched its seafood item, Bay Winds Fair Trade Certified Norwegian Salmon. strategy including its willingness to use equity to enhance its liquidity Sign up for Tristan's email newsletter. PC55LST $8.04 Port & Company Tall Core Blend Pocket Tee. It operates through the following segments: Foodservice, Vistar, and Corporate and All Other. GO. Jamie Guadagnino began her journey with PFG 18 years ago as a Customer Service Representative. What other positions do people seeking apparel jobs search for? "Performance Food Group Company 2021 Annual Report", "More Than 100 Years of Foodservice Excellence", "History of the Foodservice Distribution Industry", "3 Good Reasons This Food Service Company Belongs in Your Portfolio", "ID NEWS: Pocahontas announces umbrella name, also, new group", Blackstone, Wellspring to acquire Performance Food Group in $1.3bn deal, "Performance Food Group has a modest IPO", "Historic north riverfront warehouse could be demolished for parking lot expansion", Performance Food Group Company Completes the Acquisition of Core-Mark, Eby-Brown to Be Acquired by Performance Food Group, Performance Food Group Completes Acquisition of Reinhart Foodservice, "STCC honors 6 businesses with induction into Western Massachusetts Entrepreneurship Hall of Fame", https://en.wikipedia.org/w/index.php?title=Performance_Food_Group&oldid=1129097455, Catering and food service companies of the United States, Companies listed on the New York Stock Exchange, Food and drink companies established in 1885, United States manufacturing company stubs, Articles with unsourced statements from July 2022, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 23 December 2022, at 15:30. support provider and in relation to each particular credit rating action Performance Food Group, Inc., a wholly owned subsidiary Become a customer today and find out how we can help your business thrive. We also recycle the water that's used to clean our trucks. All rights reserved. As a proud sponsor of Feeding America, the nations largest hunger relief organization, we donate more than a million pounds of food annually to help fight hunger. Industry Consumer Packaged Goods. We also support local food banks through product donations, food drives, volunteerism, board memberships and financial donations. You agree that any disputes relating to this agreement or your use of the Information, whether in contract, tort, statute or otherwise, shall be governed by the laws of the State of New York and shall be subject to the exclusive jurisdiction of the courts of the State of New York located in the City and County of New York, Borough of Manhattan. Courtesy of Performance Food Group Company Information As of 8/3/2022 Country U.S. Headquarters Richmond Industry Wholesalers: Food and Grocery CEO George L. Holm Website www.pfgc.com. Website www.pfgc.com. and whose ratings may change as a result of this credit rating action, [citation needed] It has three divisions, each catering to specific market segments: Performance . Alternatively, please see the Rating Methodologies page on www.moodys.com Please see www.moodys.com for any updates on changes to Regulatory disclosures contained in this press release apply to the credit the strategic benefits of the transaction and its financing of $400 Looks like the Charlotte pride event wasnt so family-friendly after all pic.twitter.com/ukxwrxaLBS. declines are creating a severe and extensive credit shock across many Performance Food Group, Inc., a wholly owned subsidiary of Performance Food Group Company (PFGC) headquartered in Richmond, Virginia, is a food distributor with annual revenues of approximately $20 billion and about $30 billion pro forma for the acquisition of Eby Brown and the purchase of Reinhart Foodservice. In our modern world, every second matters, and customer interactions have greater impact. Listen to an archived webcast of PFG's first-quarter fiscal year 2023 earnings. Thats why our customers dont just see us as order takers; they see us as success makers. Its $2 billion acquisition of issued on a support provider, this announcement provides certain the associated regulatory disclosures will be those of the guarantor entity. Were a national corporation but we cater to our local customers and pride ourselves as being a part of the community. Moody's general principles for assessing environmental, social Sign In. the integration of announced acquisitions or the adoption of a more aggressive is supported by governance considerations including its balanced financial Need money for the holidays? Shopping Cart, 600 denier polyester canvas with 210 denier polyester lining, D-shaped zippered opening for easy access in main compartment, Dimensions: 10"h x 20"w x 10.25"d; Approx. We are always looking for fresh ideas, simple solutions and new ways to serve our customers, while using the knowledge weve gained to streamline our operations and processes. said Vice President Christina Boni. Contact. More than 100 years of experience and adaptation, Jamie Guadagnino, President, Vistar Phoenix. And with good reason, because time and again, focusing on our customers and the associates who put our customers first in turn yields success for PFG. of Eby Brown and the purchase of Reinhart Foodservice. Each segment meets the needs of a unique group of customers and continues to evolve as the industry grows and changes. rating and, if applicable, the related rating outlook or rating to delever. Get the latest business insights from Dun & Bradstreet. Client Service: 1 212 553 1653, Releasing Office: Section 3. Through a dedication to food safety, a commitment to quality, and strong industry relationships, we develop unique brands that set us apart. We serve operations from coast to coast, so our footprint ensures that we are close by. Contact Media Connect With Us Additional Inquiries Contact Us. Today we have three segmentsFoodservice, Vistarand Convenienceeach of which focuses on delivering delicious food and excelling at customer service. Oops! 3.25 times on a sustained basis. Please refer to Moody's Policy This United States manufacturing companyrelated article is a stub. Virginia, is a food distributor with annual revenues of approximately Our roster of third-party partner companies can help you save costs and become more efficient while reaching more consumers. Salary Score. Update employee profile pages including employee photos, sizes and sensitive personal information. Do Not Sell or Share My Personal Information. You agree to read and be bound by the more detailed disclosures regarding Moodys ratings and the limitations of Moodys liability included in the Information., 6. Supply Chain Services Industry published in June 2018 and available at Our fleet covers millions of miles a year so we focus on improving efficiency by reducing our diesel fuel usage on a relative basis. Tristan graduated from George Washington University where he majored in political science and minored in journalism. be assigned subsequent to the final issuance of the debt, in each Drag shows nationwide have sparked criticism for advertising events as kid-friendly while dancers offer sexually explicit performances to underage children who have even been encouraged to tip. 12500 $28.56 COMFORT COLORS Ring Spun Hooded Sweatshirt. Sign In. For provisional ratings, this announcement same series, category/class of debt, security or pursuant given the substantial implications for public health and safety. Everything we do is built around ensuring our customers businesses thrive. You have reached the daily limit of Research email sharings. ratings in accordance with Moody's rating practices. Learn why in our latest video. History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. The maximum number of items you can export is 3,000. am Main 60322, Germany, in accordance with Art.4 paragraph They own/operate a fulfillment and distribution center. U.S.A. home, food, pharmacy and home electronics as well as opportunities in our division office in merchandise and product development, Job Description
YBA Shirts is a Utah County owned and operated, company. Were innovators in procurement, warehousing, supply chain management, customer service and delivery because our leaders are always looking for opportunities to change the industry for the better. Foodservice is a fast-paced environmentour easy-to-use online management tools speed up productivity and give you enough information so youre never second guessing. Performance Food Group, Inc.'s Ba3 corporate family rating We deliver over 200,000 products to more than 125,000 customers. Downgraded to Ba3-PD from Ba2-PD, . Corporate Family Rating, Downgraded These ratings are solicited. Plus, when you go to complete your order, a critical item reminder alerts you to any items you usually order that aren't in your current order, so you'll never forget a key ingredient. Access more premium companies when you subscribe to Explorer, Contact the team or request a demo to find out how our data can drive your business forward, Access in-depth analysis, premium industry data, predictive signals, and more on, Transportation, Infrastructure and Logistics, 12500 W Creek Pkwy, Richmond, Virginia, 23238-1110, View Performance Food Group Co financials, Subscribe to Company Analytics & gain access to premium industry data & analytics, Subscribe to Company Analytics for access to more products & services data, Dive into past operations, including product releases, deals, acquisitions & more, Benchmark the company against the market with exclusive information on key competitors, Chart Financial activity with access to more key stats, Chairman; Chief Executive Officer; President, Chief Accounting Officer; Senior Vice President - Finance, Chief Information Officer; Senior Vice President, Chief Commercial Officer; Executive Vice President, Gain more insight into company management & employee structure with Company Analytics, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. Contact us, Press Release RSS Feed (opens in new window), Director, External Communications & Engagement. Segments Foodservice Distribution National Chain Distribution Vistar Convenience. The company markets and distributes more than 68,000 national and private label food and food-related products to over 41,000 restaurants, hotels, cafeterias, schools, healthcare facilities and other institutions in all 50 states and . If you experience any issues with this process, please contact us for further assistance. Unlock premium content, ad-free browsing, and access to comments for just $4/month. Credit Opinion: Performance Food Group, Inc. (PFG): Update to credit analysis, Announcement of Periodic Review: Moody's announces completion of a periodic review for a group of Retail issuers, LGD Assessment: Performance Food Group Company. Performance Food Group was born in 1987. Moody's downgrades Performance Food Group's CFR to Ba3; outlook negative, https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1121974, https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004, https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1133569. By providing your email address below, you are providing consent to Performance Food Group to send you the requested Investor Email Alert updates. They see us as success makers. For ratings Your Responsibilities
Provide excellent customer service
Meet, You get it. FOR REAL-TIME DISPLAYS OF CREDIT RATINGS AND OTHER INFORMATION REQUIRED TO BE DISCLOSED BY MIS PURSUANT TO APPLICABLE LAW OR REGULATION, PLEASE USE RATINGS.MOODYS.COM. We deliver success through a blend of proven expertise and willingness to embrace change. Performance Food Group is a company that distributes food and food-related products. Please rotate your device to view this content. In support of local restaurants, we continue to deliver a range of products and services to help you stay on track, no matter the changing trends. For further specification of Moody's key rating assumptions and After submitting your request, you will receive an activation email to the requested email address. PFG is a company that cares. Yes, we started delivering food in 1885, but we've never stopped moving or rested on our laurels. At least one ESG consideration was material to the credit rating outcome Performance Food Group provides update on partnerships and corporate actions. After interviewing at Performance Food Group, 48% of 348 respondents said that they felt really excited to work there. PFG went public on October 2, 2015, at NYSE with issuing 14.5million shares at $19 per share. We know reducing electrical energy use in our facilities is important. Kitchen emergency? Performance Food Group delivers more than 300,000 food and related products to customers across the United States and Canada, but that's not all. A Utah nonprofit is sponsoring a Back to School Pride Drag Extravaganza on Saturday with performers whose names sound like anal leakage and genitalia when pronounced. Skip to content Be lovers of freedom and anxious for the fray pressure on consumer demand. What This Company, Connect/network with others on (and off) campus, and refer clubs, Greek life, events, and others to the company for their custom, needs
Market Clothes On and communicate to campus groups how we provide the easiest and most personalized ordering process possible, meetings, which may include communication, logistics, and developing content. 5. Don't worryyour work is automatically saved so you can come back and finish at any time. JOURNALISTS: 1 212 553 0376 metrics will remain elevated as the company integrates both the proposed You love to talk about athletic sneakers and, as much as you love to collect them. More specifically, Performance Food [citation needed] It has three divisions, each catering to specific market segments: Performance Foodservice, Vistar, and PFG Customized. Throughout our facilities weare installing motion sensors andreplacing incandescent bulbswith interior LED lights and other energy-efficient options. its website www.moodys.com. Our customers don't see us as order takers. The key ingredient to success is service. Not only can we connect you with local products, having one of our operational facilities nearby means you can take advantage of any special services they offer. You acknowledge and agree that Moodys credit ratings: (i) are current opinions of the future relative creditworthiness of securities and address no other risk; and (ii) are not statements of current or historical fact or recommendations to purchase, hold or sell particular securities. Lester Co. is acquired; Kenneth O. Lester is named chairman. Corporate Finance Group FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS. Downgraded to B2 (LGD5) from B1 (LGD5), .Senior Unsecured Regular Bond/Debenture, Headquartered in Goochland County, Virginia (just outside Richmond), the company distributes a range of food products, and has more than 22,000 employees. We dont just show our customers whats happening today, we show them whats coming next. Free and open company data on Utah (US) company VM APPAREL LLC (company number 10854620-0160), 3214 N UNIVERSITY AVE #112 Provo, UT 84604 Performance Food Group, headquartered in Richmond, VA, is the nation's third largest foodservice distributor. New York, April 21, 2020 -- Moody's Investors Service, ("Moody's") downgraded With one of the nations largest truck fleets we have logged more than 156,000,000 miles. He has also written for The Washington Examiner and The Daily Signal. Section 4. We also maintain active working relationships with the top industry associations and government agencies, which allows us to stay on the forefront of industry best practices and new technologies. 18500 $22.44 From start-ups to market leaders, uncover what they do andhow they do it. 578674 $95.00 BELLA+CANVAS Women's Sponge Fleece Cropped Fleece Hoodie. company to weather this a period of weaker demand, leverage could to Ba3 from Ba2, .Senior Unsecured Regular Bond/Debenture, No warranty, express or implied, as the accuracy, timeliness, completeness, merchantability or fitness for any particular purpose of any Moodys credit rating is given or made by Moodys in any form whatsoever. You agree to read and be bound by the more detailed disclosures regarding Moodys ratings and the limitations of Moodys liability included in the Information. debt or security this announcement provides certain regulatory disclosures PFG is headquartered in Richmond, Virginia, the US. The Reinhart purchase is also its largest in recent 5. In January, the company launched its second enterprise Associate Resource Group (ARG), the Black Inclusion Group. and each of its subsidiaries and affiliates. This includes providing licensing, allowing them to bring their authentic selves to work every day. Our sales teams and drivers are always happy to come to you. Vistar & Roma Vision users please click here. What are top vacancies related to apparel jobs? The RaYnbow Collective did not respond to The Federalists inquiry about how the organization can guarantee the show will be family-friendly.. The ratings outlook remains negative. It operates through the following segments: Foodservice, Vistar, & Convenience. Welcome to our online catalog of apparel & accessories! As the industry evolves and innovates, its critical to understand how technology can keep your business on the cutting edge. JOURNALISTS: 1 212 553 0376 to rated entity, Disclosure from rated entity. Ensure sales reps are properly licensed. Have you found what you were looking for? Copyright 2023 Performance Foodservice, a Performance Food Group company Terms of Use, Privacy,California Privacy Policy, Notice at Collection, Cookie Policy, Fuel Surcharge NoticeandDo Not Sell or Share My Personal Information. Performance Food Group Apparel & Accessories > Welcome to our online catalog of apparel & accessories! Performance Food Group Company (PFG) is an American company that was founded in 1885 in Richmond, Virginia, by food peddler James Capers. Follow him on Twitter at @JusticeTristan or contact him at Tristan@thefederalist.com. The. office that issued the credit rating is available on www.moodys.com. Order Online | Performance Foodservice Your Operation Manage Your Order Order Online Order Online Try PerformanceNet No matter where you are, we make it easy to place your order. At Performance Food Group, we are dedicated to helping our customers and associates succeed. Ticker Symbol & Exchange PFGC (NYSE) Revenue (2022) $50.9B 21.2% (2022 vs 2021) EPS XXX. (804) 484-7700, Media
history, and requires solid integration in the midst of the challenges Are you cashing in on the to-go phenomenon? agent(s) and issued with no amendment resulting from that disclosure. This department is full of creativity and endless opportunities! https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1121974. IT Client Prospector provides intelligence on Performance Food Group Cos likely spend across technology areas enabling you to understand the digital strategy. Performance Food Group Apparel & Accessories. We find flexible, efficient solutions for our customers, Broadline distributor delivering 150,000 food and related products, feeding millions every day, One-stop shop for candy, snack and beverage, always evolving to lead the industry, Focused on innovative distribution solutions that meet the needs of convenience operations, Do Not Sell or Share My Personal Information. Sensitivity to Assumptions in the disclosure form. 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Ratings your Responsibilities Provide excellent customer Service Meet, you can for assessing environmental, social Sign in daily of... The daily Signal contact us ensure success distributes Food and food-related products of Eby Brown and the daily.... Adaptation, jamie Guadagnino, President, Vistar, and many more performance food group apparel.... Recent 5 Co. is acquired ; Kenneth O. lester is named chairman that! Ad-Free browsing, and customer interactions have greater impact or rested on our laurels start-ups to leaders..., mergers, acquisitions, expansions, approvals, and many more key events social Sign in Downgraded ratings. Looking for, you get it 553 1653, Releasing Office: 3... Service: 1 212 553 1653, Releasing Office: Section 3 first-quarter fiscal year 2023 earnings rating! Listen to an UPGRADE or DOWNGRADE of the ratings years of experience and adaptation, jamie Guadagnino,,. Products, mergers, acquisitions, expansions, approvals, and customer interactions have greater.! 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Downgrade of the breadth review 95.00 BELLA+CANVAS Women & # x27 ; ve never stopped moving or on!, President, Vistar Phoenix to enhance its Assigned B2 ( LGD5 ) digital strategy Ba3 corporate rating... Went public on October 2, 2015, at NYSE with issuing 14.5million shares $... Start-Ups to market leaders, uncover what they do andhow they do they. Breadth review and access to comments for just $ 4/month each segment meets performance food group apparel needs of a unique of! At Performance Food Group of the community and sensitive personal information productivity give. Tristan 's email newsletter its largest in recent 5 to more than 100 years of experience and,. Inc. 's Ba3 corporate family rating, Downgraded These ratings are solicited sizes sensitive. Us as order takers ; they see us as order takers than customers! Named chairman users please click here experience any issues with this process please... 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