PFGC 📈 Performance Food - Overview

Performance Food Group Company operates as a leading food and food-related products distributor in North America, leveraging its extensive network of subsidiaries to cater to a diverse customer base. The company's business is structured into three primary segments: Foodservice, Vistar, and Convenience, each designed to address the unique needs of various market sectors. Through these segments, Performance Food Group offers an expansive portfolio of products, including meats such as beef, pork, poultry, and seafood, as well as frozen and refrigerated items, dry groceries, dairy products, bread, candy, snacks, beverages, and other consumables. Additionally, the company distributes cigarettes, alternative nicotine products, and other tobacco items, alongside health and beauty care products, further broadening its product scope.

The company's product range also encompasses disposables, cleaning supplies, and kitchen essentials, which are crucial for the daily operations of its customer base. Performance Food Group's value proposition extends beyond mere product distribution, as it provides a suite of value-added services aimed at enhancing customer efficiency and profitability. These services include expert guidance on product selection and procurement, menu development tailored to specific customer needs, and operational strategy consulting designed to optimize business performance. By offering such comprehensive support, the company positions itself as a strategic partner rather than a simple supplier, fostering long-term relationships with its clients.

Performance Food Group's customer base is remarkably diverse, comprising independent and chain restaurants, educational institutions, business and industry locations, healthcare facilities, vending distributors, office coffee service providers, retailers, convenience stores, entertainment venues, hospitality services, concessionaires, and various other institutional customers, including franchises and corrections facilities. This broad customer spectrum underscores the company's ability to adapt its services and product offerings to meet the unique demands of different sectors. With a history dating back to 1885 and its headquarters in Richmond, Virginia, Performance Food Group has established itself as a stalwart in the food distribution industry, with a strong online presence at https://www.pfgc.com and listed on the NYSE under the ticker PFGC, with the ISIN US71377A1034, classified as a common stock within the Food Distributors sub-industry.