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What's Going On With Performance Food Group Shares Wednesday?

Performance Food Group Company (NYSE:PFGC) shares are trading higher on Wednesday. The company reported that the third quarter adjusted earnings per share was 80 cents, which missed the street view of 84 cents. Total case volume decreased 0.2%, while net sales increased 0.6%. Quarterly sales of $13.858 billion missed the street view of $14.188 billion. George Holm, PFG’s Chairman & Chief Executive Officer, said, “After a challenging January due to tough weather conditions, our business saw sequential improvement in February and March.” Third-quarter net ...