Performance Food Group Co

The increase in interest expense was primarily the result of an increase in average borrowings, including finance lease obligations, during fiscal 2025 compared to the prior fiscal year.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

In fiscal 2025, PFG invested $506.0 million in capital expenditures, an increase of $110.4 million versus the prior year period.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

1 Share Repurchase Program In November 2022, the Board of Directors of the Company authorized a share repurchase program for up to $300 million of the Company’s outstanding common stock.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

During the three months ended June 28, 2025, the Company repurchased and subsequently retired 0.2 million shares of common stock, for a total of $13.4 million or an average cost of $75.39 per share.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

During the fiscal year ended June 28, 2025, the Company repurchased and subsequently retired 0.8 million shares of common stock, for a total of $57.6 million or an average cost of $75.53 per share.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

On May 27, 2025, the Board of Directors authorized a new share repurchase program for up to $500 million of the Company’s outstanding common stock.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

The PFG team continues to execute our strategic plan, headlined by growth, market share gains and operational execution, leading to enhanced profitability.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

PFG also believes that the presentation of Free Cash Flow enhances an investor’s understanding of PFG’s ability to make strategic investments and manage debt levels.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

All statements, other than statements of historical facts included in this Form 10-Q, including statements concerning our plans, objectives, goals, beliefs, business strategies, future events, business conditions, results of operations, financial position, business outlook, business trends, and other information, are forward-looking statements.

SEC original ↗Performance Food Group Co — 10-Q Quarterly report10-QMay 6, 2026

We cannot assure you (i) we have correctly measured or identified all of the factors affecting our business or the extent of these factors likely impact, (ii) the available information with respect to these factors on which such analysis is based is complete or accurate, (iii) such analysis is correct, or (iv) our strategy, which is based in part on this analysis, will be successful.

SEC original ↗Performance Food Group Co — 10-Q Quarterly report10-QMay 6, 2026

The amendments included in the five matters addressed in this ASU are intended to better reflect hedging and risk management strategies in financial reporting by enabling entities to achieve and maintain hedge accounting for highly effective economic hedges of forecasted transactions.

SEC original ↗Performance Food Group Co — 10-Q Quarterly report10-QMay 6, 2026

Such forward-looking statements are subject to various risks and uncertainties.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

Includes amounts related to favorable and unfavorable leases, litigation-related accruals, severance, franchise tax expense, insurance proceeds due to hurricane and other weather related events, foreign currency transaction gains and losses, gains and losses on disposals of fixed assets, and other adjustments permitted by our ABL Facility.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

Includes a $3.8 million gain on the sale of a Foodservice warehouse facility for fiscal year 2025 and an $8.1 million gain on the sale of a Foodservice warehouse facility for fiscal year 2024, as well as amounts related to favorable and unfavorable leases, litigation-related accruals, severance, franchise tax expense, insurance proceeds due to hurricane and other weather related events, foreign currency transaction gains and losses, gains and losses on disposals of other fixed assets, and other adjustments permitted by our ABL Facility.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

Includes an $3.8 million gain on the sale of a Foodservice warehouse facility in the third quarter of fiscal 2025, as well as amounts related to favorable and unfavorable leases, litigation-related accruals, severance, franchise tax expense, insurance proceeds due to hurricane and other weather related events, foreign currency transaction gains and losses, gains and losses on disposals of other fixed assets, and other adjustments permitted by our ABL Facility.

SEC original ↗Performance Food Group Co — Earnings release (8-K exhibit)EX-99Aug 13, 2025

Legal Proceedings 39 Item 1A.

SEC original ↗Performance Food Group Co — 10-Q Quarterly report10-QMay 6, 2026

There are a number of risks, uncertainties, and other important factors, many of which are beyond our control, that could cause our actual results to differ materially from the forward-looking statements contained in this Form 10-Q.

SEC original ↗Performance Food Group Co — 10-Q Quarterly report10-QMay 6, 2026