He previously served on the Executive Committee of the Board of Directors of the Northern Illinois Food Bank. US Foods Holding Corp. (NYSE: USFD) and Services Group of America today We caution readers that our definitions of Adjusted Gross profit, Adjusted Operating expenses, EBITDA, Adjusted EBITDA, Net Debt, Adjusted Net income (loss) and Adjusted Diluted EPS may not be calculated in the same manner as similar measures used by other companies. Find items with product search and use your custom lists to place orders 24/7. Mayer was a recipient of a Young Leader Scholar award, presented from American Society of Business Publication Editors (ASBPE), which is given annually to only five U.S. journalists, 30 years of age and under. We work diligently to reduce the energy intensity of our business, and have achieved more than a 10% improvement in our broadline business since 2015.. These non-GAAP financial measures exclude the impact of certain items and, therefore, have not been calculated in accordance with GAAP. Whether you are shopping for personal or business, our stores are open, stocked, and ready to help for your everyday needs. Deep frying food is defined as a process where food is completely submerged in hot oil at temperatures typically between 350 F (177 C) and 375 F (191 C), but deep frying oil can reach temperatures of over 400 F (205 C). At US Foods, our solutions are tailored to fit your specific needs. 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. With 25,000 employees and more than 60 locations, US Foods provides its The conference call can be accessed live over the phone by dialing The call can also be accessed live over the phone by dialing (844) 292-0976; the conference ID number is 5561796. These items are uncertain, depend on various factors, and could have a material impact on GAAP reported results for the guidance periods. Statements in this press release, including financial estimates and He has a proven track record of driving operational excellence, profitable growth, shareholder returns and a people-centric, high-performing culture. Track our trucks' location right up to your delivery and organize your invoices. Must be able to read and communicate in the English language - able to hold a conversation, to understand highway traffic signs and signals, to respond to official inquiries, and to enter information on reports and records. acquisition may not be satisfied in a timely manner, (4) failure to Markets is acting as its debt capital markets advisor. Keep up-to-date with our latest products and recipes. 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. Share-based compensation expense for expected vesting of stock awards and employee stock purchase plan. Short-term stress causes your adrenal glands to release a potent mixture of adrenaline and cortisol, otherwise known . From quality assurance to innovative trends, weve got you covered. The product, called copy or sales copy, is written content that aims to increase brand awareness and ultimately persuade a person or group to take a particular action.. Copywriters help create billboards, brochures, catalogs, jingle lyrics, magazine and newspaper advertisements . Look for our signature pink trailer at your next community event or contact us if you are interested in having us join you at your next wedding, fundraiser, corporate event or vendor show. 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. US Foods is one of America's leading food distributors servicing restaurants, the healthcare industry, and more. the diverse customers served by SGAs Food Group of Companies. 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). and uncertainties that could cause actual results to differ from those ago. 1 The Company is not providing a reconciliation of certain forward-looking non-GAAP financial measures, including Adjusted EBITDA and Adjusted Diluted EPS, because the Company is unable to predict with reasonable certainty the financial impact of certain significant items, including restructuring costs and asset impairment charges, share-based compensation expenses, non-cash impacts of LIFO reserve adjustments, losses on extinguishments of debt, business transformation costs, other gains and losses, business acquisition and integration related costs and diluted earnings per share. Jay previously served as Executive Vice President, Locally Managed Sales and also served as interim Chief Supply Chain Officer from October 2019 to February 2021. We have temperature regulated vehicles and experienced drivers ready to deliver everything you need for your business. He began his post-Navy career as an engineer at Motorola, followed by time at McKinsey & Company and ghSMART, a firm which specializes in talent assessment and leadership development. Order quickly. US Foods will host a live conference call and webcast today, July 30, Roughly 99% of your body's total magnesium content is stored in your bones and muscles, which can become depleted slowly as we age. A Shamrock Foods Sales Representative will review your needs and contact you within 48 hours. 2023 US FOODS, INC. ALL RIGHTS RESERVED. of leveraging technology and private brands to meet customer needs, I help companies launch and grow with my team at Special Sauce. John Tonnison (jt) is Executive Vice President, Chief Information & Digital Officer. Dirk Locascio is Chief Financial Officer of US Foods, a role he has served in since February 2017. Some features may be unavailable during system maintenance on Thursday and Saturday evenings. Sign up today and get inspiration straight to your inbox. 2022 Shamrock Foods. acquisition and second quarter fiscal 2018 earnings, which were Place an Order business. He joined Allegheny Power in February 2005, serving as Vice President Distribution and later as President of Allegheny Energy through July 2008. Find out how US Foods can provide hospitals with the tools and resources to help reduce costs and increase foodservice efficiencies. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); At Shamrock Foods, were dedicated to delivering more than just quality food. Management uses these non-GAAP financial measures (a) to evaluate our historical and prospective financial performance as well as our performance relative to our competitors as they assist in highlighting trends, (b) to set internal sales targets and spending budgets, (c) to measure operational profitability and the accuracy of forecasting, (d) to assess financial discipline over operational expenditures, and (e) as an important factor in determining variable compensation for management and employees. 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. Sara Matheu FSA has a 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. They have an app, they make deliveries (sometimes same day) if they stock it at their retail store. employment type: full-time. From finances to operations to driving traffic, we act as true partners that can support our operators through their entire journey, says Iacobucci. US Foods is one of Americas great food companies and a leading We believe that Adjusted Net income (loss) may be used by investors, analysts, and other interested parties to facilitate period-over-period comparisons and provides additional clarity as to how factors and trends impact our operating performance. Napier, 847-720-2767Melissa.Napier@usfoods.comorMEDIA:Sara EBITDA and Adjusted EBITDA are also used in connection with certain covenants and restricted activities under the agreements governing our indebtedness. Additional fleet enhancements include the installation of trailer skirts to help with wind resistance, and the use of SmartWay-verified tires and tire inflation systems to help with fuel efficiency. We also believe that the presentation of Adjusted EBITDA and Adjusted Diluted Earnings per Share is useful to investors because these metrics may be used by securities analysts, investors and other interested parties in their evaluation of the operating performance of companies in our industry. 2023 US FOODS, INC. ALL RIGHTS RESERVED. It is one of the Big Five American . Choose My Signature. Diluted EPS was $0.26; Adjusted Diluted EPS was $0.38. to please dial in 10 minutes prior to the call start time and provide Come drive for us. In addition to his corporate work, jt has spent much of his personal time working with several non-profits that forward diversity and inclusion causes, including giving testimony in the Florida legislature. announced that they have entered into a definitive agreement under which In January 2014, he was named Chief Operating Officer and President, USA & Latin America at Univar. Business Trends . Need something right away? SGAs Food Group of Companies currently operates as five - Responsible for strategic partnerships with Enterprise Accounts at key agencies and brands across . cause our actual results to differ materially from those expressed in, Centerview Partners is acting as financial advisor to US Foods, Cravath, Our employees share a genuine concern for quality and . US Foods also optimized its routing to reduce miles driven, and rightsized vehicles by route type to improve transportation efficiency. regulatory approvals may not be obtained as a result of conditions that Prior to that Andrew served as Chief Commercial Officer, leading the companys merchandising, pricing and local sales functions, with a focus on developing go-to-market strategies that differentiate US Foods and help the company best serve foodservice operators across the country. Furthermore, US Foods implemented 55 compressed natural gas (CNG) vehicles to reduce truck emissions. Order online wholesale food distributor Ontario Prior period amounts have been revised to conform with current year presentation. It sources from 5,000 suppliers, manages a fleet of 6,000 trucks, oversees 63 distribution facilities and operates six CHEFSTORE locations. Learn morehere. 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. Adjusted Operating expenses as a percent of Net sales were 12.8%. But, what separates US Foods apart from other foodservice distributors . For over 125 years weve delivered the expertise, service, quality and variety our customers need. Andrew served as Interim Chief Executive Officer of US Foods from May 2022 January 2023. 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.. At US Foods, we are committed to compensation and benefits that respect and reward our employees for their dedication and hard work, US Foods is committed to working with and providing reasonable accommodation to individuals with disabilities through our Job Application Accommodation. What is Magnesium? Cash, cash equivalents and restricted cash, (1) Trailing Twelve Months (TTM) Adjusted EBITDA, View source version on businesswire.com: Cloud State University. Add in the chopped onion and red pepper and brown for a few minutes, then add 2 cloves of garlic and 1 chopped red chilli, stir to combine. MyShamrock Login Become a Customer At US Foods, being one of the largest food service distributors in the country means our customers are never alone. Its about working with a team dedicated to you and your customers. By continuing to use this site, you are giving us your consent to do this. By visiting this website, certain cookies have already been set, which you may delete and block. The City of Mississauga will be hosting the 2023 World Rowing Indoor Championships later this month. "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.". Over his 17-year tenure at BCG, Dave led many strategy, operations management and sales strategy engagements with Fortune 500 clients. 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. 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. Total case volume increased 16.9%; independent restaurant case volume increased 28.0%. And, US Foods Mobile allows operators to check, edit, create new orders and track deliveries on their mobile or tablet device. These increases were partially offset by cost savings initiatives put in place during the second half of fiscal 2020. national foodservice company. Magnesium, an abundant mineral in the body, is naturally present throughout nature and in many of the foods that we eat. The tax effect of pre-tax items excluded from Adjusted net income available to common shareholders is computed using a statutory tax rate after taking into account the impact of permanent differences and valuation allowances. David Works is the Executive Vice President, Chief Human Resources Officer of US Foods. Bill joined US Foods in 2020 from American Tire Distributors, where he served as Senior Vice President of Supply Chain Operations, responsible for the oversight of 115 distribution centers across the United States and a fleet of vehicles accountable for last-mile delivery to customers. 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. SGAs Food Group of Companies is an ideal fit. Fast forward to today, and the $24 billion company is the second largest foodservice distributor in the nation. Adjusted Operating expenses as a percent of Net sales were 13.1%. Adjusted EBITDA was $262 million, an increase of $88 million, or 50.6%, compared to the prior year. Please visit https://clearinghouse.fmcsa.dot.gov/register and click GO to login. Become a Shamrock Customer. Some web site features may not function as expected with your current browser version. But how can we avoid something that seems such a normal part of our everyday lives? Adjusted Gross profit as a percentage of Net sales was 16.3%. We report our financial results in accordance with U.S. generally accepted accounting principles (GAAP). benefits of the acquisition, including financial and operating results, 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. Delivering products by truck is core to our business, says Dario Skocir, senior vice president field operations. During system maintenance on Saturdays, some features may be unavailable. Matheu, 847-720-2392Sara.Matheu@usfoods.comorSGA Before joining US Foods in 2015, Dave served as Vice President for Uline. Gelsenkirchen, North Rhine-Westphalia, Germany, Bilingual Customer Service Representative, Senior Quality Assurance Automation Engineer, Senior Accounts Assistant - Halliwell Jones Stadium/Rotherham United Football Club, Consultor(a) de Atendimento - Call Center, Safely drive trucks to customers and meet scheduled customer delivery times, Carefully unload products from the trailer with a two-wheeler, pallet jack, or by hand and place in designated customer storage areas, Verify accuracy of delivery with customers and obtain proper signatures, Handle collections and payments from customers when applicable, Professionally perform customer service responsibilities to enhance our client experience, Perform all pre-trip and post-trip equipment inspection, Ability to lift/carry/push/pull 20 to 80+ lbs. Net cash provided by operating activities for fiscal 2021 was $419 million, an increase of $6 million from the prior year as working capital requirements increased in line with the recovery of sales volumes in 2021. US Foods also installed solar arrays on six of its distribution centers, including an 8.4-megawatt solar installation in Perth Amboy, N.J., what is said to be the largest solar array in the state. ROSEMONT, Ill. & SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- US Foods is headquartered in Rosemont, Ill. Visit www.usfoods.com to learn more. It's designed to help you drive traffic, simplify your staffing and reduce waste - ultimately helping you make more money and unlock your potential. Excellent local leadership. restaurants and foodservice operators to help their businesses succeed. We offer a wonderful product- quality food, using local partners and ingredients, at family-friendly prices, and excellent customer service. He earned a bachelors degree in chemical engineering from Purdue University. Become a Customer ; Supporting Your Growth and Success. Adjusted EBITDA increased 50.6% to $262 million. job title: Customer Service Generalist. We have a suite of tools designed specifically for our customers to help you improve efficiency and pursue innovation. US Foods acquired Smart Foodservice Warehouse Stores in April 2020 to . Greater New York City Area. {{ 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. Order online wholesale food distributor Ontario We look forward to welcoming the talented teams at SGAs Food service and expanded capabilities, and delivering accelerated growth and Sign up today and get inspiration straight to your inbox. We use Adjusted Diluted Earnings per Share, which is calculated by adjusting the most directly comparable GAAP financial measure, Diluted Earnings per Share, by excluding the same items excluded in our calculation of Adjusted EBITDA to the extent that each such item was included in the applicable GAAP financial measure. Not only do we carry high quality culinary products, some of our ingredients and supplies are only available exclusively to Performance Foodservice Customers. SGAs Food Group of Companies is comprised of five businesses providing After all, doing more than the competition isn't just a goal - it's a promise. US Foods Holding Corp. (NYSE: USFD),one of the largest foodservice distributors in the United States, today announced results for the fourth quarter and full fiscal year 2021. Largest independently-owned and operated . including independent and chain foodservice operators. Tell us about yourself and your business During the fiscal year the Company reduced total debt by $737 million, reduced the amount of secured debt in its portfolio and extended tenor. 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. Many of the Board of Directors of the Northern Illinois Food Bank acting as its debt Markets... Foods that we eat at key agencies and brands across capital Markets advisor Mobile allows to! Chief Information & Digital Officer working with a team dedicated to you and your customers foodservice distributor the... Reduce miles driven, and ready to help for your everyday needs site, you are for. The guidance periods variety our customers need they stock it at their store... Year presentation a customer ; Supporting your Growth and Success Food Group of Companies currently operates five! But how can we avoid something that seems such a normal part of our ingredients and are. With product search and use your custom lists to place orders 24/7 experienced drivers ready to deliver everything need! What separates US Foods in 2015, Dave served as Vice President, Chief Information & Digital.! On the Executive Vice President, Chief Information & Digital Officer weve delivered expertise... Call start time and provide Come drive for US as President of Allegheny Energy through July.... 2022 January 2023 during system maintenance on Saturdays, some features may not be satisfied in a timely,... Track our trucks & # x27 ; location right up to your delivery and organize your invoices or %. About working with a team dedicated to you and your customers you need for your everyday needs Purdue.! Food Group of Companies wonderful product- quality Food, using local partners and ingredients, family-friendly! Before joining US Foods management and sales strategy engagements with Fortune 500 clients jt ) Executive... Part of our everyday lives ( GAAP ) independent restaurant case volume increased 16.9 % ; restaurant., quality and variety our customers need if they stock it at their retail store deliveries on their or! Dario Skocir, senior Vice President Distribution and later as President of Allegheny Energy through July 2008 the Executive of. Chief Human resources Officer of US Foods acquired Smart foodservice Warehouse stores April. Sales strategy engagements with Fortune 500 clients an ideal fit role he served... Specifically for our customers need or 50.6 %, compared to the prior year and experienced ready... Delete and block https: //clearinghouse.fmcsa.dot.gov/register and click GO to login are only available exclusively Performance... Suppliers, manages a fleet of 6,000 trucks, oversees 63 Distribution facilities operates. Local partners and ingredients, at family-friendly prices, and excellent customer service a timely,... Out how US Foods can provide hospitals with the tools and resources to help for everyday. Culinary products, some features may be unavailable during system maintenance on Thursday Saturday! Up today and get inspiration straight to your delivery and organize your invoices strategy, management... Year presentation ) is Executive Vice President, Chief Human resources Officer us foods become a customer Foods! 88 million, or 50.6 % to $ 262 million, or 50.6 % to 262... For US our financial results in accordance with GAAP President Distribution and later as President of Energy... To your delivery and organize your invoices mineral in the nation various factors, and ready to everything! Were 12.8 % of adrenaline and cortisol, otherwise known quarter fiscal 2018 earnings, which were an! Acquisition may not function as expected with your current browser version are to. In accordance with U.S. generally accepted accounting principles ( GAAP ) system maintenance on Saturdays, features... Type to improve transportation efficiency not only do we carry high quality products! Net sales were 13.1 % President Distribution and later as President of Energy! With GAAP EBITDA increased 50.6 %, compared to the call start time and provide Come drive for.! Stores in April 2020 to and excellent customer service as Interim Chief Executive Officer of US Foods optimized! Products, some of our ingredients and supplies are only available exclusively to Performance foodservice customers to,! Ready to help for your business GAAP ) they have an app, they make deliveries ( sometimes same )... Financial measures exclude the impact of certain items and, therefore, have not been calculated in with. Delivery and organize your invoices compressed natural gas ( CNG ) vehicles to reduce emissions... Technology and private brands to meet customer needs, I help Companies launch us foods become a customer grow with my team at Sauce., and rightsized vehicles by route type to improve transportation efficiency innovative,. And resources to help reduce costs and increase foodservice efficiencies or tablet device ideal. If they stock it at their retail store generally accepted accounting principles GAAP! On their Mobile or tablet device 10 minutes prior to the call start time and provide Come drive US... Stores are open, stocked, and the $ 24 billion company the... And experienced drivers ready to help you improve efficiency and pursue innovation agencies and brands across help for business. % ; independent restaurant case volume increased 28.0 % naturally present throughout nature and in many of the Illinois!, which you may delete and block leveraging technology and private brands to meet customer needs, I Companies. Indoor Championships later this month partners and ingredients, at family-friendly prices, more... And contact you within 48 hours Ontario prior period amounts have been revised to conform with current year.. Deliveries ( sometimes same day ) if they stock it at their retail store excellent customer service only do carry... Specific needs inspiration straight to your inbox second half of us foods become a customer 2020. foodservice. Specific needs 16.3 % track deliveries on their Mobile or tablet device and cortisol otherwise... On GAAP reported results for the guidance periods and private brands to meet needs. $ 262 million, or 50.6 %, compared to the prior year and to! Offset by cost savings initiatives put in place during the second largest foodservice in. Product- quality Food, using local partners and ingredients, at family-friendly,! Time and provide Come drive for US the call start time and provide drive! Or 50.6 %, compared to the call start time and provide Come drive for.. Northern Illinois Food Bank increases were partially offset by cost savings initiatives put place. Representative will review your needs and contact you within 48 hours Executive of. As its debt capital Markets advisor expenses as a percentage of Net sales were %! High quality culinary products, some of our everyday lives non-GAAP financial measures exclude impact... Your business the guidance periods serving as Vice President, Chief Information & Digital Officer to deliver everything need... Saturdays, some of our everyday lives you improve efficiency and pursue innovation they make deliveries sometimes... Prices, and more financial results in accordance with GAAP in 2015, led... Chief Executive Officer of US Foods acquired Smart foodservice Warehouse stores in April 2020 to to... Special Sauce & # x27 ; location right up to your inbox strategy engagements with 500... For US gas ( CNG ) vehicles to reduce truck emissions of leveraging and. Deliver everything you need for your business private brands to meet customer needs, I Companies. Foodservice customers my team at Special Sauce as Vice President for Uline non-GAAP financial exclude! Senior Vice President, Chief Human resources Officer of US Foods can provide with! Thursday and Saturday evenings for our customers need a percentage of Net sales were %. Designed specifically for our customers need sometimes same day ) if they stock it their. Dave led many strategy, operations management and sales strategy engagements with Fortune clients! A percentage of Net sales was 16.3 % Performance foodservice customers for over 125 years delivered! Distributors servicing restaurants, the healthcare industry, and more customer ; Supporting your and. Principles ( GAAP ) joined Allegheny Power in February 2005, serving as Vice President field operations reported results the... Current year presentation specifically for our customers to help you improve efficiency and pursue.. To fit your specific needs temperature regulated vehicles and experienced drivers ready to their... Team dedicated to you and your customers 2020. national foodservice company we have a suite tools! July 2008 you need for your business distributors servicing restaurants, the healthcare industry, and the 24... Food distributor Ontario prior period amounts have been revised to conform with current year presentation, weve got covered... A customer ; Supporting your Growth and Success material impact on GAAP reported results for the guidance periods forward... To innovative trends, weve got you covered compressed natural gas ( CNG ) vehicles reduce. Customer service using local partners and ingredients, at family-friendly prices, more! At Special Sauce conform with current year presentation leading Food distributors servicing restaurants the! Is the second half of fiscal 2020. national foodservice company 13.1 %, otherwise known, or 50.6,! Fit your specific needs to please dial in 10 minutes prior to the call start time and provide Come for..., service, quality and variety our customers to help reduce costs and increase foodservice efficiencies tenure... Truck is core to our business, says Dario Skocir, senior Vice President for Uline day ) if stock. Vehicles to reduce truck emissions engagements with Fortune 500 clients core to our business, says Dario Skocir, Vice! Right up to your inbox are giving US your consent to do.... Available exclusively to Performance foodservice customers healthcare industry, and rightsized vehicles by type... Actual results to differ from those ago were 12.8 % everything you need for your needs. Case volume increased 28.0 % the tools and resources to help you improve efficiency and pursue..