Melissa.Napier@usfoods.com, MEDIA CONTACT: including independent and chain foodservice operators. For purposes of the Adjusted Diluted EPS calculation (Non-GAAP), when the Company has net income (GAAP), weighted average diluted shares outstanding (Non-GAAP) is used and assumes conversion of the Series A convertible preferred stock, and, when the Company has net loss (GAAP) and assumed conversion of the Series A convertible preferred stock would be antidilutive, weighted-average diluted shares outstanding (GAAP) is used. The acquisition is subject to regulatory approval and other customary Gross profit of $1.2 billion increased $234 million, or 23.2%, from the prior year, primarily as a result of an increase in total case volume, pricing optimization, and inflation in multiple product categories. Consists primarily of severance and related costs, organizational realignment costs and asset impairment charges. PLEASE APPLY DIRECTLY THROUGH OUR INTERNAL WORKDAY CAREER SITE. Excluding the extra week, total organic case volume increased 16.6% and organic independent restaurant case volume increased 27.1%. Make it easy with US Foods CHECK Business Tools. Prior to joining US Foods, Andrew served as Executive Vice President, Merchandising for retailer Ahold USA, where he led all facets of the companys merchandising operations in the United States. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. Net cash provided by operating activities for fiscal 2021 was $419 million, an increase of $6 million from the prior year as working capital requirements increased in line with the recovery of sales volumes in 2021. For optimal web site experience, please upgrade to a newer browser version. Before joining Meridian Health, David led the Human Resource organizations at Windstream and Sears Holdings. Net sales of $7.6 billion for the quarter increased 24.5% from the prior year. Copywriting is the act or occupation of writing text for the purpose of advertising or other forms of marketing. But how can we avoid something that seems such a normal part of our everyday lives? We also have COVID-19 Wellness Checks for anyone entering our facilities and safety barriers in select locations inour production facilities. Order online wholesale food distributor Ontario combined 2017 net sales of $3.2 billion and approximately 3,400 Become a Shamrock Customer. Made Easy. isnt just a strategyits the only way to do business. the diverse customers served by SGAs Food Group of Companies. Andrew previously served as Chief Merchandising Officer. (847) 720-2767 What is Magnesium? US Foods drivers are essential to our distribution chain. Innovative food, culinary equipment, trends and events, Tools that build your brand and increase your bottom line, Our commitment, exclusive support and dedicated people, {{data.customerName}} ({{data.customerNumber}}), {{dept.departmentName | truncateList}} ({{dept.departmentNumber}}), {{dept.departmentName | truncateList}}({{dept.departmentNumber}}). The Company expects to achieve Net debt to Adjusted EBITDA leverage of 2.5-3.0x in 2023. forward-looking statements. maintain relationships with suppliers, and on their operating results We put a premium on order accuracy, timeliness and safety. Our workplace safety efforts include using sanitized interview rooms, social distancing, providing masks and gloves and sanitizing truck cab interiors. Dave previously served as Executive Vice President, Revenue Management and Strategy. The presentation slides reviewed during the webcast will be available Definitions and reconciliations of the non-GAAP financial measures to their most comparable GAAP financial measures are included in the schedules attached to this press release. Made Easy. Andrew is a graduate of Queens University in Kingston, Ontario and University of Toronto Law School. our current beliefs and expectations and are subject to significant US Foods develops nearly 20-30 on-trend products 2-3 times a year as featured in the companys Scoop launch. We caution readers that our definitions of Adjusted Gross profit, Adjusted Operating expenses, EBITDA, Adjusted EBITDA, Net Debt, Adjusted Net income (loss) and Adjusted Diluted EPS may not be calculated in the same manner as similar measures used by other companies. Previously, she spent four years as managing editor and executive editor of Snack Food & Wholesale Bakery and Dairy Foods, both sister publications. Additionally, US Foods operates 14 processing facilities, including 12 Stock Yards facilities that provide high-quality center-of-plate, custom-cut and packaged-to-customer specifications; Freshway Foods, a fruit and vegetable processor, re-packer and distributor; and Save On Seafood, a seafood processor and distributor.. Short-term stress causes your adrenal glands to release a potent mixture of adrenaline and cortisol, otherwise known . The link you followed may be broken, or the page may have been removed. In 2016, US Foods introduced the Serve Good program, a line of 25 products, including certified-organic eggs, sustainably sourced seafood and more to help chefs and foodservice operators meet growing diner demand for more sustainable ingredients. It's designed to help you drive traffic, simplify your staffing and reduce waste - ultimately helping you make more money and unlock your potential. The ability to more accurately manage inventory via the e-commerce platform helps operators improve their menu planning and profitability. Any employment agency, person or entity that submits a rsums into this career site or to a hiring manager does so with the understanding that the applicant's rsums will become the property of US Foods. Gelsenkirchen, North Rhine-Westphalia, Germany, Bilingual Customer Service Representative, Senior Quality Assurance Automation Engineer, Senior Accounts Assistant - Halliwell Jones Stadium/Rotherham United Football Club, Consultor(a) de Atendimento - Call Center, Safely drive trucks to customers and meet scheduled customer delivery times, Carefully unload products from the trailer with a two-wheeler, pallet jack, or by hand and place in designated customer storage areas, Verify accuracy of delivery with customers and obtain proper signatures, Handle collections and payments from customers when applicable, Professionally perform customer service responsibilities to enhance our client experience, Perform all pre-trip and post-trip equipment inspection, Ability to lift/carry/push/pull 20 to 80+ lbs. Being a part of US Foods means working hard to deliver the products our customers count on to run their businesses every day. He joined US Foods in 2018, serving as the companys Associate General Counsel Litigation and Employment and has a track record of building high-performing teams and delivering with excellence. For over 125 years weve delivered the expertise, service, quality and variety our customers need. cause our actual results to differ materially from those expressed in, Total case volume increased 6.3% from the prior year and independent restaurant case volume increased 13.0% from the prior year. For US Foods, Great Food. The City of Mississauga will be hosting the 2023 World Rowing Indoor Championships later this month. We report our financial results in accordance with U.S. generally accepted accounting principles (GAAP). In this role, he has P&L responsibility for the companys largest customers, including health care and hospitality as well as regional and national chains. ** Roughly 99% of your body's total magnesium content is stored in yo US Foods will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. US Foods will finance the acquisition primarily with $1.5 billion in View source version on businesswire.com: shared commitment to customer service, including a proven track record This is a Employee Are You a Current US Foods in Job Job at US Foods in Eagle WI posted on Oodle Classifieds. It sources from 5,000 suppliers, manages a fleet of 6,000 trucks, oversees 63 distribution facilities and operates six CHEFSTORE locations. Visit www.usfoods.com Discover a better way to order and track with MOX, the intuitive, fast, all-in-one e-commerce app from US Foods that works seamlessly across your devices. Total organic case volume increased 14.8%; independent restaurant organic case volume increased 25.1%. Sign in to save Delivery Driver at US Foods. US Foods is a collection of talented professionals dedicated to making a difference in a high-preformance, diverse environment. Become a Customer in 3 easy steps. We are using data and analytics to merchandise and prevent order entry errors, and we use analytics to remind customers the products they frequently purchase that were left off their order. Since beginning his foodservice career more than 25 years ago as a warehouse selector, Guy has served in a variety of leadership roles, including operations, sales, IT, strategy and finance. COVID-19 Update: Learn More Skip to Content Shop fully committed term loan financing from J.P. Morgan and Bank of America With 25,000 employees and more than 60 locations, US Foods provides its In August, US Foods launched US Foods Direct, an exclusive e-commerce platform that gives operators easier access to hard-to-find ingredients, such as specialty spices, seasonings, herbs, pastas, flours, sauces or oils, and on-trend items such as plant-based proteins, dairy-free or vegan alternatives and gluten-free products. With thousands of employees across the country and readily available tools, resources, and customer support, we partner with our customers every step of the way to help them make it. This structure incentivizes businesses to . EOE Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Protected Veteran/Disability Status***. Applicable discrete tax items include changes in tax laws or rates, changes related to prior year unrecognized tax benefits, discrete changes in valuation allowances, and excess tax benefits associated with share-based compensation. Napier, 847-720-2767Melissa.Napier@usfoods.comorMEDIA:Sara Given the combined available later that same day. We use Adjusted Diluted Earnings per Share, which is calculated by adjusting the most directly comparable GAAP financial measure, Diluted Earnings per Share, by excluding the same items excluded in our calculation of Adjusted EBITDA to the extent that each such item was included in the applicable GAAP financial measure. With thousands of employees across the country and readily available tools, resources, and customer support, we partner with our customers every step of the way to help them make it. We look forward to welcoming the talented teams at SGAs Food Previously, she worked as an editorial assistant for Insider Magazine and worked as a contributing features writer for her college newspaper, the Indiana Daily Student. employees. US Foods is one of the . Come join us for an evening of learning, connecting and sampling! value to our shareholders., Services Group of America Executive Vice President and COO Slade Stewart Italian pizza has a unique taste and style that enthusiasts worldwide highly revere. expressed in the forward-looking statements are: (1) the occurrence of Adjusted Gross profit as a percentage of Net sales was 16.5%. Net sales increased 24.5% to $7.6 billion. SGAs Food Group of Companies, for $1.8 billion in cash. In the United States, the vast majority of investor-owned businesses form with the most powerful at the top and the most productive, or the people producing the labor or product, at the bottom. We do this by incorporating many energy and environmental improvements, such as adding highly efficient refrigeration systems and LED lighting, says Art Roman, director of design and construction. We have temperature regulated vehicles and experienced drivers ready to deliver everything you need for your business. Diluted EPS was $0.26; Adjusted Diluted EPS was $0.38. Diluted EPS was $0.54; Adjusted Diluted EPS was $1.55. suite of e-commerce, technology and business solutions. fiscal 2020. We use Net Debt as a supplemental measure to GAAP measures to review the liquidity of our operations. Sara.Matheu@usfoods.com, Updated as of 10:21AM ET: US Foods Reports Fourth Quarter and Fiscal Year 2021 Earnings, https://www.businesswire.com/news/home/20220216006316/en/. The company operated under the name U.S. Foodservice until 2011, and was dubbed the 10th largest private company in the United States until its IPO offering in 2016. We believe that Adjusted Net income (loss) is a useful measure of operating performance for both management and investors because it excludes items that are not reflective of our core operating performance and provides an additional view of our operating performance including depreciation, interest expense, and Income taxes on a consistent basis from period to period. For instance, our latest 2019 Summer Scoop featured delivery, take-out, grab-and-go and retail product solutions to address the fast-paced growth of the convenience dining market, says Kinkaid. Just last year, US Foods launched its Unpronounceable List initiative, which is aimed at producing products with simple, more recognizable ingredients. Choose My Signature. The conference call can be accessed live over the phone by dialing Includes: (i) aggregate acquisition and integration related costs of $6 million and $2 million the 13 weeks ended January 1, 2022 and the 14 weeks ended January 2, 2021, respectively; (ii) favorable legal settlement recovery of $16 million for the 13 weeks ended January 1, 2022; and (iii) other gains, losses or costs that we are permitted to addback for purposes of calculating Adjusted EBITDA under certain agreements governing our indebtedness. Includes COVID-19 related expenses related to inventory adjustments and product donations. US Foods is one of Americas great food companies and a leading These items are uncertain, depend on various factors, and could have a material impact on GAAP reported results for the guidance periods. Tell us about yourself and your business Net income available to common shareholders was $59 million. a broad array of foodservice solutions to a wide spectrum of customers Jay joined US Foods as a Territory Manager for Alliant Foodservice more than 25 years ago and has held a range of leadership roles with the company including Division President, Region President and Stock Yards President. "In the face of continued industry wide supply chain and labor challenges, we increased Adjusted EBITDA 63% by successfully growing volume and increasing market share with key customer types, delivered our highest gross profit per case since becoming a publicly traded company, and continued to improve operational efficiencies. Multi-year plan, which is expected to result in significant earnings growth from the combination of profitable volume growth and margin expansion. Your job seeking activity is only visible to you. After all, doing more than the competition isnt just a goal its a promise. 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