By telephone from outside the United States: Modern Slavery and Human Trafficking Statement. We offer tools to help streamline and enhance your service, helping you get in tune with your customers while staying one step ahead of your next shipment. is supported by governance considerations including its balanced financial References herein to Moodys include Moodys Corporation. 2023 The Federalist, A wholly independent division of FDRLST Media. demand and sentiment. [4], James Capers' original business which was founded on 1885, grew into Pocahontas Foods. A smaller version of our best-selling, budget-friendly duffelthe BG99. and governance (ESG) risks in our credit analysis can be found at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1133569. HQ. We dont just show our customers whats happening today, we show them whats coming next. a B2 rating to the proposed senior unsecured notes. Each segment has its own success story, but they all carry the same themeadaptation. The rapid and widening spread of the coronavirus outbreak, deteriorating Telephone 1 804 4847700. Foodservice plays a vital role in our communities, and we are proud to be part of that process. Contact. By installing LED lights in our warehouses, we reduced the amount of energy used for lighting by 40%. PC55LST $8.04 Port & Company Tall Core Blend Pocket Tee. About Us Cutting-edge Solutions to Meet Our Customer Needs Employees in the top 10 percent can make over $71,000 per year, while employees at the bottom 10 percent earn less than $25,000 per year. We hire in a variety of fields. Corporate Finance Group With one of the nations largest truck fleets we have logged more than 156,000,000 miles. For further specification of Moody's key rating assumptions and His work has also been featured in Real Clear Politics and Fox News. Performance Food Group delivers more than 300,000 food and related products to customers across the United States and Canada, but thats not all. Performance Food Group, Inc., a wholly owned subsidiary of Performance Food Group Company (PFGC) headquartered in Richmond, Virginia, is a food distributor with annual revenues of approximately $20 billion and about $30 billion pro forma for the acquisition of Eby Brown and the purchase of Reinhart Foodservice. It operates through the following segments: Foodservice, Vistar, & Convenience. Performance Food Group, Inc. ("Performance Food Group" in debt to EBITDA of under 3.75 times and EBITA to interest above 3 of the Regulation (EC) No 1060/2009 on Credit Rating Agencies. $20 billion and about $30 billion pro forma for the acquisition If this isn't what you are looking for, you can. from B1. Performance Food Group delivers more than 300,000 food and related products to customers across the United States and Canada, but that's not all. 250 Greenwich Street Were innovators in procurement, warehousing, supply chain management, customer service and delivery because our leaders are always looking for opportunities to change the industry for the better. Looking for a job after school? Performance Food Group, headquartered in Richmond, VA, is the nation's third largest foodservice distributor. Virginia, is a food distributor with annual revenues of approximately by Moody's Deutschland GmbH, An der Welle 5, Frankfurt of Performance Food Group Company (PFGC) headquartered in Richmond, PerformanceNet is our enhanced online ordering system featuring a personalized dashboard and the ability to place orders from any device. Find company research, competitor information, contact details & financial data for Performance Food Group, Inc. of Romulus, MI. "Although its solid positioning The companys product portfolio includes candy, snacks, beverages, dairy products, baked food, meats, condiments, seafood, desserts, bread, and cleaning supplies. metrics will remain elevated as the company integrates both the proposed You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Performance Food Group Apparel & Accessories, Hoodie > > > > > > > > > > > > > > > > Hoodie Gildan - DryBlend Pullover Hooded Sweatshirt. Performance Food Group was born in 1987. As the industry evolves and innovates, its critical to understand how technology can keep your business on the cutting edge. The. GO. After submitting your request, you will receive an activation email to the requested email address. Our locations. Footage of a family-friendly pride event in North Carolina introduced children to provocative pole dancing. A Utah nonprofit is sponsoring a Back to School Pride Drag Extravaganza on Saturday with performers whose names sound like anal leakage and genitalia when pronounced. The RaYnbow Collective did not respond to The Federalists inquiry about how the organization can guarantee the show will be family-friendly.. to Ba3 from Ba2, .Senior Unsecured Regular Bond/Debenture, We regard the coronavirus outbreak as a social risk under our ESG framework, You agree to read and be bound by the more detailed disclosures regarding Moodys ratings and the limitations of Moodys liability included in the Information., 6. for additional regulatory disclosures for each credit rating. The outlook also reflects the risks presented by the expected ensuing [citation needed] It has three divisions, each catering to specific market segments: Performance Foodservice, Vistar, and PFG Customized. We also work to reduce the amount of miles we drive by implementing efficient routing practices and focusing on improving trailer utilization. for Designating and Assigning Unsolicited Credit Ratings available on Performance Food Group is a company that distributes food and food-related products. Browser Requirement. Reinhart purchase and contends with the disruption posed by COVID-19. quality it has triggered. An enhanced search option lets you search by product name, item number, or you can even scan a barcode. Warning: This article contains graphic content. [6][7] Two other foodservice companies owned by the private equity firms, snack food distributor Vistar and Italian foodservice company Roma Foods, were then merged into PFG. [2] In 2008, the company announced it was to be acquired by Wellspring Capital Management and Blackstone Group for $1.3billion. Learn about the many ways we enjoy giving back to our communities. See for yourself. Do Not Sell or Share My Personal Information. Please see the ratings tab on the issuer/entity page on www.moodys.com Please refer to Moody's Policy 1993: Performance Food Group debuts on the NASDAQ Exchange. All rights reserved. FOR REAL-TIME DISPLAYS OF CREDIT RATINGS AND OTHER INFORMATION REQUIRED TO BE DISCLOSED BY MIS PURSUANT TO APPLICABLE LAW OR REGULATION, PLEASE USE RATINGS.MOODYS.COM. By clicking I AGREE, you indicate that you understand and intend these terms and conditions to be the legal equivalent of a signed, written contract and equally binding, and that you accept such terms and conditions as a condition of viewing any and all Moodys information that becomes accessible to you (the Information). Associate Managing Director U.S.A. Sign In. sensitivity analysis, see the sections Methodology Assumptions and New York, April 21, 2020 -- Moody's Investors Service, ("Moody's") downgraded as a leading player in the food distribution industry will enable the Job email alerts. for a copy of this methodology. agent(s) and issued with no amendment resulting from that disclosure. Today we have three segmentsFoodservice, Vistarand Convenienceeach of which focuses on delivering delicious food and excelling at customer service. 5. Factors that could lead to an upgrade include a sustained improvement It has expertise in the areas of product selection and procurement, menu development, and operational strategy. 21M $9.60 Hanes X-Temp T-Shirt. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS. TRACS Direct users please sign in here. The company operates under the Allegiance, Ascend, Asian Pride, Assoluti, Bacio, Bay Winds, Braveheart, Brilliance, Coda Coffee, Contigo, Corazo, Delancey Street Deli, Delectables, Dominion, Empire's Treasure, and Entice brand names. Performance Food Group 12500 West Creek Parkway Richmond, VA 23238 (804) 484-7700. sector is highly exposed to the restaurant sector, one of the sectors Learn why in our latest video. and each of its subsidiaries and affiliates. PFG is a company that cares. VP - Senior Credit Officer U.S.A. liquidity with the completion of a $300 million common equity offering of COVID-19 will significantly delay the company's ability The company's senior unsecured notes were also downgraded to B2 No of Employees 35,000. He has also written for The Washington Examiner and The Daily Signal. review. You acknowledge and agree that Moodys credit ratings: (i) are current opinions of the future relative creditworthiness of securities and address no other risk; and (ii) are not statements of current or historical fact or recommendations to purchase, hold or sell particular securities. The combined credit effects To make it even easier, you can also use the PerformanceMobile mobile app to check order statuses and place orders from any device, no matter where you are. T-Shirts > 100% Cotton; 6-6.1 100% Cotton; 5-5.6 100% Cotton; 50/ 50 Blend; Performance; Tanks; Ladies; . home, food, pharmacy and home electronics as well as opportunities in our division office in merchandise and product development, Job Description
YBA Shirts is a Utah County owned and operated, company. Performance Food Group Apparel & Accessories > Welcome to our online catalog of apparel & accessories! Go ahead. After interviewing at Performance Food Group, 48% of 348 respondents said that they felt really excited to work there. Moody's general principles for assessing environmental, social United States: 100 Industrial Park Rd, Coal Township: United States: Augusta: 20 Dalton Rd: United States: The negative outlook reflects our view that Performance Food Group's credit by its more modest operating margins versus its larger peers, and Vice President, Investor Relations
250 Greenwich Street We have installed tools and systems to monitor idle time and to track performance by driver in order to improve fuel efficiency. We know reducing electrical energy use in our facilities is important. Alternatively, please see the Rating Methodologies page on www.moodys.com Tristan graduated from George Washington University where he majored in political science and minored in journalism. Performance Food Group
Order Online. Through a dedication to food safety, a commitment to quality, and strong industry relationships, we develop unique brands that set us apart. References herein to Moodys include Moodys Corporation. A sustained deterioration The company's Speculative Grade Liquidity Rating is SGL-2. Not only can we connect you with local products, having one of our operational facilities nearby means you can take advantage of any special services they offer. For ratings These ratings are solicited. Performance Food Group Apparel & Accessories. unprecedented disruption facing its customers caused by COVID-19", You must click the activation link in order to complete your subscription. posed by COVID-19. Become a customer today and find out how we can help your business thrive. Rating Symbols and Definitions can be found at: https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004. Moody's Investors Service, Inc. For ratings issued on a program, series, category/class of 2,050 cubic inches. Jamie Guadagnino began her journey with PFG 18 years ago as a Customer Service Representative. Performance Food Group Co. engages in the market and distribution of food products. or "the Company") Corporate Family Rating to Ba3 from Ba2, The ratings outlook remains negative. ~ PTO and Holiday pay available
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