Performance Food Group (PFGC) Research

Performance Food Group Company (PFGC), founded in 1885 and headquartered in Richmond, Virginia, is a leading food and foodservice distributor in North America. The company operates more than 150 distribution centers and has grown into one of the largest distributors in North America, providing products and services to over 300,000 customer locations. It demonstrated its significant scale and influence by ranking 84th on the 2024 Fortune 500 list. For fiscal year 2024, it recorded net sales of $58.3 billion and adjusted EBITDA of $1.5 billion, and it has set ambitious growth targets of $73–75 billion in sales and $2.3–2.5 billion in adjusted EBITDA for fiscal year 2028, underscoring both solid financial performance and a bold growth agenda. PFGC operates through three main business segments—Foodservice, Vistar, and Convenience—and handles a broad range of food categories including meat, frozen/refrigerated foods, and dry groceries, as well as related items such as tobacco and health and beauty products.