Exhibit 99.1
 
 g201805072257547112337a10.jpg
INVESTOR CONTACT:MEDIA CONTACT:
Melissa NapierSara Matheu
(847) 720-2767(847) 720-2392
melissa.napier@usfoods.comsara.matheu@usfoods.com
 
US Foods Reports Second Quarter Fiscal 2021 Earnings
 
ROSEMONT, Ill. (BUSINESS WIRE) August 9, 2021 –
US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the second quarter of fiscal 2021. In this press release, we refer to certain organic financial results. Organic financial results exclude contributions from Smart Foodservice through April 23, 2021. Smart Foodservice was acquired on April 24, 2020.

Second Quarter Fiscal 2021 Highlights
Total case volume increased 53.5%; independent restaurant case volume increased 79.1%
Total organic case volume increased 50.3%; organic independent restaurant case volume increased 74.4%
Net sales increased 68.0% to $7.7 billion
Gross profit increased 74.2% to $1.2 billion
Net income available to common shareholders was $46 million
Adjusted EBITDA increased 277.3% to $332 million
Diluted EPS was $0.20; Adjusted Diluted EPS was $0.58

Six Month Fiscal 2021 Highlights
Total case volume increased 22.1%; independent restaurant case volume increased 38.5%
Total organic case volume increased 17.5%; organic independent restaurant case volume increased 32.0%
Net sales increased 28.1% to $14.0 billion
Gross profit increased 25.0% to $2.2 billion
Net income available to common shareholders was $7 million
Adjusted EBITDA increased 90.2% to $504 million
Diluted EPS was $0.03; Adjusted Diluted EPS was $0.69

CEO Perspective
"The commitment to excellence demonstrated by our associates has fueled our very strong second quarter results," said Chairman and CEO Pietro Satriano. "As markets around the United States reopen without restrictions, we have seen strong demand for our products, services and consultative expertise. While supply chain labor is expected to remain challenging for the next few quarters, we remain focused on delivering profitable growth as our industry continues to recover."

Second Quarter Fiscal 2021 Results
Total case volume increased 53.5% from the prior year, while total organic case volume increased 50.3%. Independent restaurant case volume increased 79.1%, while organic independent restaurant case volume increased 74.4%. Net sales of $7.7 billion increased 68.0% from the prior year. The increase in both case volume and Net sales was a result of markets lifting in-person dining restrictions on restaurants and an increase in leisure travel.
1

The following information was filed by Us Foods Holding Corp. (USFD) on Monday, August 9, 2021 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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