ROSEMONT, IL - US Foods Holding Corp., one of the largest foodservice distributors in the United States, announced results for the second quarter of fiscal year 2026.

Second Quarter Fiscal 2026 Highlights

• Total case volume increased 1.9%; independent restaurant case volume increased 5.1%
• Net sales increased 4.5% to $10.5 billion
• Gross profit increased 8.0% to $1.9 billion
• Net income increased 22.8% to $275 million
• Net income margin increased 39 basis points to 2.6%
• Adjusted EBITDA increased 10.2% to $604 million
• Adjusted EBITDA margin increased 29 basis points to 5.7%
• Diluted EPS increased 29.2% to $1.24; Adjusted Diluted EPS1 increased 21.0% to $1.44

“Our team delivered another strong quarter, highlighted by accelerating volume growth, record Adjusted EBITDA and Adjusted EBITDA margin, and strong Adjusted EPS growth in what remains a challenging but stable industry environment,” said Dave Flitman, Chair of the Board and CEO, in the recent release.

“Importantly, our results are in line with our long-range plan, including 10% Adjusted EBITDA growth and 21% Adjusted Diluted EPS growth driven by 29 basis points of margin expansion and 5% independent restaurant case growth. By leveraging our continuous improvement and self-help culture, we are enhancing service, improving productivity and delivering sustainable, profitable growth. I remain confident in our ability to continue to gain share with our target customer types, further improve customer service levels, deploy our strong and accelerating cash flow with discipline and compound earnings growth over time. I thank our 30,000 associates for their hard work and commitment to delivering excellence in serving our customers and pursuing our ambition to become the undisputed best in our industry.”

“Our second quarter results reflect consistent execution of our key initiatives, supported by strong operating performance,” added Dirk Locascio, CFO. “We expanded margins again this quarter through a combination of volume growth, gross profit gains and cost productivity improvements. Year-to-date, we invested $174 million in capital expenditures and repurchased approximately $500 million of shares, while maintaining our net leverage at 2.6 times. We remain confident in our ability to deliver sustained earnings growth and create long-term shareholder value.”

See the full release here.