Performance Food Group Company (NYSE:PFGC) shares are trading higher on Wednesday. The company reported fourth quarter adjusted earnings per share of $1.45 (+27.2%), beating the analyst consensus estimate of $1.37. Quarterly sales of $15.189 billion missed the street view of $15.266 billion. Net sales rose 2.2%, gross profit grew 4.7% to $1.7 billion, net income climbed 10.9% to $166.5 million, and adjusted EBITDA increased 18.4% to $456.2 million. The gross profit increase was primarily attributable to a favorable shift in the mix of cases sold, including growth in the independent channel and Performance Brands. “We are also pleased to announce two value creating deals with the ...