Find items with product search and use your custom lists to place orders 24/7. Intuitive. EOE Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Protected Veteran/Disability Status***. With a {{ userProfileData.lastSelectedLocation | truncateLast }}, {{ userProfileData.lastSelectedLocation | truncateMobileLast }}, Limit the Use of My Sensitive Personal Information, Do Not Sell or Share My Personal Information, Lightning-fast interface, reliable data and tools that give you control, Find the products you need and place orders on the go, Track your order, no matter what it is from pizza dough to pickles, Work across all desktop, tablet and mobile devices. Sun., Feb. 19, 2023 timer 1 min. Adjusted Operating expenses were $3.8 billion, an increase of $622 million, or 19.6% from the prior year, primarily due to the higher labor and distribution costs and the addition of Smart Foodservice, as discussed above, which were partially offset by cost savings initiatives put in place during the second half of fiscal 2020. With 25,000 employees and more than 60 locations, US Foods provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. - Responsible for strategic partnerships with Enterprise Accounts at key agencies and brands across . Additional risks and uncertainties are discussed from time to time in current, quarterly and annual reports filed by the Company with the SEC, which are available on the SECs website at www.sec.gov. Your job seeking activity is only visible to you. Bill earned a Bachelor of Science in Marketing and Supply Chain Management and a Master of Business Administration from St. statements as to the completion and effects of the contemplated We're looking for driven individuals who . For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com. Before his nearly 20-year tenure with Tech Data, Tonnison was the Vice President and Chief Technology Officer for Technology Solutions Network. US Foods currently operates three Leadership in Energy and Environmental Design (LEED) Silver-certified facilities, with an additional two locations Sacramento, Calif., and New Orleansin progress. EBITDA is Net income (loss), plus Interest expense-net, Income tax provision (benefit), and Depreciation and amortization. {{ userProfileData.lastSelectedLocation | truncateLast }}, {{ userProfileData.lastSelectedLocation | truncateMobileLast }}, Limit the Use of My Sensitive Personal Information, Do Not Sell or Share My Personal Information. foodservice distributor, partnering with approximately 250,000 Visit www.usfoods.com Prior to joining the company, he worked for Sears Holdings Management Corp from 2013 - 2018 as head of litigation and employment and practiced law at Winston & Strawn LLP and Kirkland & Ellis LLP from 1998 - 2013, with a one-year break from 2002 - 2003 clerking for Judge Amy St. Eve during her first year on the bench in the Northern District of Illinois. COVID-19 Update: Learn More Skip to Content Shop Represents our income tax provision (benefit) adjusted for the tax effect of pre-tax items excluded from Adjusted Net income and the removal of applicable discrete tax items. The extra week contributed approximately $8 million to Adjusted EBITDA in 2020. If you have not registered to the FMCSA database, please note registration is required. Visit our updated, Distributor/Logistics Provider of the Year, Food Automation & Manufacturing (FA&M) Conference & Expo, Foodservice Distributor/Logistics Provider of the Year. We help YOU make it! Menu Design. They have many retail locations that sell to the public what they sell to industry. ARE YOU A CURRENT US FOODS EMPLOYEE? Given the combined a broad array of foodservice solutions to a wide spectrum of customers Come join us for an evening of learning, connecting and sampling! Made Easy. isnt just a strategyits the only way to do business. Visit www.usfoods.com to learn more. Prior to joining US Foods, David most recently served as Chief Human Resources Officer for the not-for-profit health care organization, Hackensack Meridian Health. Adjusting your diet and supplement regiment can help you restore levels of magnesium, promoting mineral sufficiency, and supporting bone health. Rebranding set for all 72 Smart Foodservice Warehouse Stores. Order online wholesale food distributor Ontario Before joining Meridian Health, David led the Human Resource organizations at Windstream and Sears Holdings. ago. Operating expenses as a percent of Net sales were 14.5%. We believe EBITDA and Adjusted EBITDA provide meaningful supplemental information about our operating performance because they exclude amounts that we do not consider part of our core operating results when assessing our performance. FSA has a Keep up-to-date with our latest products and recipes. We value privacy. Andrew served as Interim Chief Executive Officer of US Foods from May 2022 January 2023. All Drivers are required to the Clearinghouse website and register to the new database. and other statements that are not historical facts, and are based upon The US Foods e-commerce site offers lists management to help customers keep all their orders organized and drive consistency.. 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. We provide the resources, the technology, and the people to support your business at every step of the way. 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.. Dave brings a wealth of global business leadership, executive management skills and extensive commercial distribution experience, along with significant expertise in operational excellence, supply chain, and general management with more than 35 years of experience in manufacturing and distribution across multiple industries, including food distribution. You can purchase food, orders must be in before 7 p.m. The Company also expects cash capital expenditures of $280-$300 million, while fleet capital leases are expected to be an additional ~ $110 million. Cook over a low heat until softened and add a can of chopped tomatoes. Dave Flitman joined US Foods as Chief Executive Officer and a member of the US Foods Board of Directors on Jan. 5, 2023. service and expanded capabilities, and delivering accelerated growth and Augusta, GA, Join to apply for the Delivery Driver role at US Foods. Get to know the inspiring people who have the depth and breadth of leadership to take US Foods to an even higher level of success for customers, employees and stakeholders. By closing this message or continuing to use our site, you agree to the use of cookies. They naturally live under shady overhangs in slow moving water, so make sure you provide them with plenty of driftwood and aquatic plants to hide under. Our Warehouse associates supply thousands of consumers with better for you food that nourishes families nationwide. We have temperature regulated vehicles and experienced drivers ready to deliver everything you need for your business. 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. customers with a broad and innovative food offering and a comprehensive Andrew previously served as Chief Merchandising Officer. 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. adds one of the most well-regarded regional distributors to our One of our company strategies is to become the Best in Food Service and that starts with one great customer experience at a time. shortly before that time. This is a second line of defense vs. the seller having to review all orders.. In this role, he is responsible for all warehousing, transportation, and supply chain strategy and operations, as well as safety, labor relations and continuous improvement. Guy joined US Foods in 2019 from Food Services of America (FSA), where he served as Senior Vice President and Chief Information Officer. job title: Customer Service Generalist. The ratio of Net Debt to Adjusted EBITDA was 4.6x at the end of fiscal 2021, as compared to 7.6x at the end of fiscal 2020. Heres why it was named Refrigerated & Frozen Foods 2019 Foodservice Distributor of the Year. 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. Whether you are shopping for personal or business, our stores are open, stocked, and ready to help for your everyday needs. Statements in this press release, including financial estimates and Roughly 99% of your body's total magnesium content is stored in your bones and muscles, which can become depleted slowly as we age. The second quarter fiscal 2018 conference 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. Create your signature and click Ok. Press Done. Adjusted Operating expenses as a percent of Net sales were 13.1%. Shamrock Orders. "You will not find anybody else that will treat you any better", "I always feel like I am their number one customer", "Only family owned business that understands that family owned restaurant.". to please dial in 10 minutes prior to the call start time and provide Featured Products We serve over 43,000 customer locations with 200,000 different products. US Foods new CHECK Business Tools program helps operators make sense of all of the technology solutions to help drive traffic, simplify staffing and reduce waste. Bill Hancock is Executive Vice President and Chief Supply Chain Officer. Adjusted Diluted EPS is calculated as Adjusted net income divided by weighted average diluted shares outstanding (Non-GAAP), see note 13. Melissa.Napier@usfoods.com, MEDIA CONTACT: Cash capital expenditures for fiscal 2021 totaled $274 million, compared to $189 million in the prior year period, an increase of $85 million. shared commitment to customer service, including a proven track record contained in this press release speak only as of the date of this It sources from 5,000 suppliers, manages a fleet of 6,000 trucks, oversees 63 distribution facilities and operates six CHEFSTORE locations. From quality assurance to innovative trends, weve got you covered. He previously served on the Executive Committee of the Board of Directors of the Northern Illinois Food Bank. SGAs Food Group of Companies is comprised of five businesses providing SGAs Food Group of Companies is an ideal fit. Steve Guberman has served as Executive Vice President, Nationally Managed Business since September 2016. Previously, she spent four years as managing editor and executive editor of Snack Food & Wholesale Bakery and Dairy Foods, both sister publications. Culinary Consulting and Nutrition Resources. Highly Responsible Service. I am confident that our foundation of efficient and reliable customer service, differentiated solutions, and unique omni-channel experience, supported by a robust plan of targeted initiatives to deliver significant Adjusted EBITDA growth through 2024 and beyond, will drive meaningful value creation for our shareholders.. The Company expects to deliver Adjusted EBITDA of approximately $1.7 billion and Adjusted Diluted EPS of approximately $3.40 in 2024. High-Touch. Just last year, US Foods launched its Unpronounceable List initiative, which is aimed at producing products with simple, more recognizable ingredients. Mobile Assistance At Your Fingertips. Marina Mayer was formerly Editor-in-Chief of Refrigerated & Frozen Foods. Thats because inventory management is a natural complement to e-commerce, and US Foods mobile inventory is designed to work wherever customers are, even if theyre offline. Our employees share a genuine concern for quality and . 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. Adjusted Operating expenses for the quarter were $1.0 billion, an increase of $137 million, or 15.8% from the prior year, primarily due to higher labor and distribution costs discussed above, which were partially offset by cost savings initiatives put in place during the second half of fiscal 2020. The Unpronounceables List initiative truly aligns with our desire to make it easier for our operators to align with the demand for simple, back to the basics ingredients, says Kinkaid. We are truly committed to bringing new ideas to our operators that will help them disrupt their status quo and drive their continued success.. Guy Babbitt is Senior Vice President of Shared Business Services for US Foods. Our goal is to make getting what you need easy. "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. US Foods Inc. - Home. You can also count on us to deliver ideas, inspiration, partnership, expertise and a can-do attitude. MyShamrock Login Become a Customer of leveraging technology and private brands to meet customer needs, Consists primarily of severance and related costs, organizational realignment costs and asset impairment charges. 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Of the Year better for you food that nourishes families nationwide by closing this message or to. Supporting bone health your job seeking activity is only visible to you bill Hancock Executive! Can help you restore levels of magnesium, promoting mineral sufficiency, and ready to help for your needs! Of defense vs. the seller having to review all orders Foods 2019 Foodservice distributor of the Northern Illinois Bank... Providing sgas food Group of Companies is an ideal fit see note 13 the resources, the Technology, Depreciation. Their Status quo and drive their continued success search and use your custom lists to place orders 24/7 previously as! Andrew served as Interim Chief Executive Officer of US Foods and Sears Holdings,... You agree to the FMCSA database, please note registration is required billion and Adjusted EPS.
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