Mobile Assistance At Your Fingertips. announced that they have entered into a definitive agreement under which We also have COVID-19 Wellness Checks for anyone entering our facilities and safety barriers in select locations inour production facilities. Place an Order From healthcare to college and university, hotel and everything in between we know each of our customers has unique challenges in their operation. Come drive for us. Our mission is to be an innovative, dependable, and versatile partner to foodservice businesses that provide quality product and leading services. Become a Customer in 3 easy steps. From finances to operations to driving traffic, we act as true partners that can support our operators through their entire journey, says Iacobucci. Net income available to common shareholders was $121 million, an increase of $375 million compared to the prior year. We also strive to use locally sourced and recycled content furnishings and building materials when we are building a new facility from the ground up. Excluding the extra week, total organic case volume increased 16.6% and organic independent restaurant case volume increased 27.1%. Group of Companies to US Foods, providing customers with even better Independent restaurant case volume increased 28.0%, while organic independent restaurant case volume increased 25.1%. 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. Accounts receivable, less allowances of $33 and $67, Vendor receivables, less allowances of $7 and $5, LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS' EQUITY, Accrued expenses and other current liabilities, Total liabilities, mezzanine equity and shareholders' equity, ($ in millions, except share and per share data), Distribution, selling and administrative costs, Restructuring costs and asset impairment charges, Series A convertible preferred stock dividends, Net income (loss) available to common shareholders, Weighted-average common shares outstanding. Adjusted Gross profit was $4.8 billion, a 27.0% increase from the prior year, primarily driven by an increase in total case volume, pricing optimization, product cost inflation and the addition of Smart Foodservice. Year Following Closing. For optimal web site experience, please upgrade to a newer browser version. You can unsubscribe from these emails at any time. You can also count on us to deliver ideas, inspiration, partnership, expertise and a can-do attitude. 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. Napier, 847-720-2767Melissa.Napier@usfoods.comorMEDIA:Sara 2022 Shamrock Foods. ** Roughly 99% of your body's total magnesium content is stored in yo Many of the products highlighted in this Scoop launch are also part of our Serve Good sustainable product portfolio. Net cash provided by operating activities for fiscal 2020 benefited from a reduction in working capital needs, primarily related to reduced sales caused by the COVID-19 pandemic. Please visit https://clearinghouse.fmcsa.dot.gov/register and click GO to login. We use Adjusted Gross profit and Adjusted Operating expenses as supplemental measures to GAAP measures to focus on period-over-period changes in our business and believe this information is helpful to investors. We also believe these and similar non-GAAP financial measures are frequently used by securities analysts, investors, and other interested parties to evaluate companies in our industry. Morgan Stanley & 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}}). Benefits medical, dental, vision, 401K, life insurance, strong safety culture, and much more! Total case volume increased 16.9%; independent restaurant case volume increased 28.0%. Menu Design. 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}}). Dense_Implement8442 9 mo. Keep up-to-date with our latest products and recipes. Prior to joining BNP Media, she served a five-year tenure as editor of quality control for Manufacturers' News, Inc., where she was named Manager of the Year in 2006. It is one of the Big Five American . The link you followed may be broken, or the page may have been removed. 2023 US FOODS, INC. ALL RIGHTS RESERVED. Made Easy. isnt just a strategyits the only way to do business. For over 125 years, weve delivered the excellence, expertise, and quality products our customers need to design successful food operations. To help our customers make it in this challenging time, were providing robust support, including webinars, one-on-one consults with our experts and detailed reopening materials. For over 125 years weve delivered the expertise, service, quality and variety our customers need. Get details for Enterprise Foods Ltd's 1 employees, email format for enterprisefoods.co.uk and phone numbers. Excluding the extra week, total case volume increased 13.0% and independent restaurant case volume increased 20.6%. maintain relationships with suppliers, and on their operating results From 2015 to 2018, Dave was President and Chief Executive Officer of Performance Foodservice, the largest segment of Performance Food Group, a U.S. foodservice distribution company. Weve invested heavily in the tools that make life easier and improve the bottom lines for our customers, says Gene Carbonara, vice president of e-commerce and digital. Go back to the previous page or go to USFoods.com, Quick Links: The increase was primarily due to higher supply chain labor costs, higher non-labor distribution costs directly attributed to the increase in total case volume, and the addition of Smart Foodservice. Starting in late 2012, Dave was Senior Executive Vice President at Nalco until it was acquired by Ecolab where he served as Executive Vice President and President, Water and Process Services. Come join us as we strive to become the Best in Food Service. US Foods acquired Smart Foodservice Warehouse Stores in April 2020 to . Were looking for driven individuals who relish the chance to push their potential, grow and reap the rewards of joining the US Foods family. Registering to the FMCSA Clearinghouse is a requirement by the Department of Transportation. If you have not registered to the FMCSA database, please note registration is required. Includes the changes in the reserve for doubtful accounts expense reflecting the collection risk associated with our customer base as a result of the COVID-19 pandemic. or implied by, the forwardlooking statements. Heres why it was named Refrigerated & Frozen Foods 2019 Foodservice Distributor of the Year. ROSEMONT, Ill.-- (BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) announced that effective March 1, Smart Foodservice Warehouse Stores will be rebranded as US Foods CHEF'STORE. But don't worry, there are many ways to . in annual revenue. Some web site features may not function as expected with your current browser version. Owner Anna Yau will speak about the benefits of healthy foods and offer juice samples for our members. Copywriting is the act or occupation of writing text for the purpose of advertising or other forms of marketing. The conference call can be accessed live over the phone by dialing The increase in case volume was primarily the result of restaurant traffic from lifting governmental in-person dining restrictions and increased leisure and business travel throughout the year. One of our company strategies is to become the Best in Food Service and that starts with one great customer experience at a time. We Help You Make It. Adjusted Diluted EPS is calculated as Adjusted net income divided by weighted average diluted shares outstanding (Non-GAAP), see note 13. national foodservice company. e-commerce experience across all of your devices. Shamrock Orders. As part of the companys commitment to corporate social responsibility, US Foods is continually improving the efficiency of its new and existing facilities and fleet. announcement of the acquisition on the ability of SGAs Food Group of Bill earned a Bachelor of Science in Marketing and Supply Chain Management and a Master of Business Administration from St. Restructuring costs and asset impairment charges (1), COVID-19 product donations and inventory adjustments (7), Business acquisition and integration related costs and other (9), Weighted-average diluted shares outstanding (Non-GAAP) (13). 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. Adjusted Gross profit is Gross profit adjusted to remove the impact of the LIFO inventory reserve adjustments. US Foods is one of America's leading food distributors servicing restaurants, the healthcare industry, and more. David joined the company in February 2018. US Foods sources from 5,000 suppliers, manages a fleet of 6,000 trucks, oversees 63 distribution facilities and operates six CHEFSTORE locations. Enterprise Foods is a unique bridge between great National Customers and quality Local Suppliers. Operating expenses of $4.2 billion increased $435 million, or 11.5% from the prior year. He is responsible for guiding all aspects of the Human Resource strategy around organizational development, strategic planning, talent acquisition, employee engagement, leadership development, training and coaching, talent management, employee relations and culture in support of US Foods strategy of Great Food. Your job seeking activity is only visible to you. Keep up-to-date with our latest products and recipes. A1 Cash & Carry restaurant wholesaler & wholesale distributor specializing in B2B wholesale of commercial kitchen supplies, food packaging, cleaning supplies, meat, seafood supplier, takeout containers wholesale, fruits, vegetables, spices, frozen foods, beverages. Business Trends . Adjustments to reconcile net income (loss) to net cash provided by operating activities: Gain on disposal of property and equipmentnet, (Benefit) provision for doubtful accounts. When you consider a business model you might think of a group of investors or maybe a charismatic inventor or entrepreneur in the right place at the right time. Dave Rickard is Executive Vice President, Strategy, Insights and Financial Planning for US Foods. The forward-looking statements Order online wholesale food distributor Ontario He joined US Foods in 1991 and has served in a variety of corporate and field leadership roles, including sales, procurement, marketing, category management and eight years as a Division President in Houston, Texas. But, what separates US Foods apart from other foodservice distributors is its ability to make a positive difference in its people, improve the efficiency of its facilities and fleet and continuously provide innovative, on-trend products. Come join us for an evening of learning, connecting and sampling! Delivering products by truck is core to our business, says Dario Skocir, senior vice president field operations. 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. Were excited to get to know you and your business needs. By closing this message or continuing to use our site, you agree to the use of cookies. He earned a bachelors degree in chemical engineering from Purdue University. of product repetitively during each shift required, Comfortable driving and working in inclement weather conditions with frequent stops (10+ per shift) required, Must have valid CDL Class A issued by the state of legal residence with necessary endorsements and DOT qualifications, Minimum of six months commercial driving experience (any industry) OR three months commercial driving experience in the food and/or beverage delivery industry required, Ability to operate manual transmission preferred; may be required in specific locations. Andrew previously served as Chief Merchandising Officer. In addition to his previous experience as a director of Builders FirstSource and BMC Stock Holdings, Dave also has been a director since 2017 at Veritiv Corporation, a leading packaging distribution company, where he is currently a member of the Audit and Finance Committee and chair of the Compensation and Leadership Development Committee. Net Debt is not a measure of our liquidity under GAAP and should not be considered as an alternative to Cash Flows Provided by Operations or Cash Flows Used in Financing Activities. Includes: (i) aggregate acquisition and integration related costs of $22 million and $45 million for the and the 52 weeks ended January 1, 2022 and the 53 weeks ended January 2, 2021, respectively; (ii) favorable legal settlement recoveries of $29 million for the 52 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. read. Check Business Tools. Whether youre looking for the food and supplies that your customers demand or expert assistance in every aspect of your business, were here to help. It includes sustainable seafood, responsible disposables, products that support responsible agricultural practices, responsibly sourced proteins and products that contribute to waste reduction based on how they are sourced and/or manufactured, says Stacey Kinkaid, vice president product development and innovation. Prior to joining Ahold, he spent 10 years at Loblaw Companies Limited, a leading Canadian food retailer, where he served in several senior roles including president of the companys discount supermarket business. SGAs Food Group of Companies currently operates as five The chemicals used in the growing, processing, and packaging of food have become an issue of increasing concern among people worldwide since artificial chemicals are known to have a wide range of negative effects on human health. Tuesday, August 7, 2018. The acquisition is subject to regulatory approval and other customary Get email updates for new Delivery Driver jobs in Augusta, GA. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. You can also count on us to deliver ideas, inspiration, partnership, expertise and a can-do attitude. 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. Ideas, inspiration, partnership, expertise and a can-do attitude and operates six CHEFSTORE locations %. Leading food distributors servicing restaurants, the healthcare industry, and quality products our customers need may be,... As we strive to become the Best in food Service 63 distribution facilities and operates six locations! 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