Performance Food Group converts income to free cash flow at 224% and carries strong earnings growth potential, but quality scores fall below minimum thresholds at 3.6 out of 10, the stock has missed earnings estimates in 3 of the last 4 quarters, and prices are at analyst resistance with no upside remaining.
Thesis pillars
- Quality Below Floor↑Improving
- Exceptional Fcf Conversion→Stable
- Earnings Miss Pattern 3 Of 4→Stable
- +1 more pillar — see the Why tab for full reasoning
Performance Food Group Company (PFGC) Stock Analysis
Consumer Defensive · Food Distribution
Sell if holding. Engine safety override at $91.67: Quality below floor (3.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 3.3:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum; Below long-term trend.
Performance Food Group distributes more than 250,000 food and food-related products from 155 distribution centers to over 300,000 customer locations across North America, through three segments: Foodservice, Convenience, and Specialty. No single customer exceeded 10% of... Read more
Sell if holding. Engine safety override at $91.67: Quality below floor (3.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 3.3:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.1/10, moderate confidence.
Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 40d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: moderate.
About Performance Food Group Company
About Performance Food Group Company
Performance Food Group distributes more than 250,000 food and food-related products from 155 distribution centers to over 300,000 customer locations across North America, employing approximately 43,000 people. The company operates three segments — Foodservice (89 distribution centers), Convenience (39 centers in the U.S. and Canada), and Specialty (27 centers) — and no single customer accounted for more than 10% of consolidated net sales in fiscal 2025, 2024, or 2023.
Performance Food Group earns revenue primarily by reselling products purchased from suppliers at a markup — either a percentage over cost or a fixed per-unit markup, depending on the customer contract — with average inventory turning every three-and-a-half weeks to limit exposure to cost swings. Foodservice sells custom-cut meat, seafood, and full product lines to independent and chain restaurants, earning higher gross profit per case from independent customers who use more of the company's higher-margin Performance Brands and value-added services such as menu development and procurement support; chain customers generate lower margins but larger deliveries. Convenience distributes cigarettes, nicotine products, candy, snacks, and general merchandise to convenience stores and similar small-format retailers, while Specialty (formerly Vistar) distributes candy, snacks, and beverages to vending operators, office coffee distributors, theaters, and direct-to-consumer channels using small-parcel carriers. The October 2024 acquisition of Cheney Bros. expanded Foodservice operations in the southeastern United States.
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A significant portion of Performance Food Group's sales volume depends on the distribution of cigarettes and other tobacco products, a category the company itself describes as generally declining amid rising regulation, excise taxes, and the shift toward e-vapor and oral nicotine alternatives that often escape the same excise taxes as conventional cigarettes. The company also discloses hedging only about 15% of the diesel fuel gallons it expects to use over the twelve months following June 28, 2025 via costless collars, leaving roughly 85% of its delivery-fleet fuel exposure to spot-market price swings it would otherwise need to offset through customer surcharges.
See also: Consumer Defensive · Food Distribution
From Performance Food Group Company's most recent 10-K filing, extracted August 30, 2026.
Recent developments
updated 2026-09-25Recent Developments — Performance Food Group Company
Latest news
- NEWS Here's How Much $1000 Invested In Performance Food Group 10 Years Ago Would Be Worth Today — benzinga Sep 8, 2026 neutral
- NEWS Centers For Disease Control And Prevention: Investigating A Multistate Outbreak Of E. Coli And Salmonella Infections Lin — benzinga Aug 21, 2026 negative
- NEWS $100 Invested In Performance Food Group 10 Years Ago Would Be Worth This Much Today — benzinga Aug 21, 2026 positive
- NEWS Dan Loeb Exits Nvidia, Meta And Broadcom — Bets Big On Warner Bros. Discovery — benzinga Aug 17, 2026 negative
- NEWS UBS Maintains Buy on Performance Food Group, Lowers Price Target to $130 — benzinga Aug 14, 2026 positive
Generated 2026-09-25T20:52:03Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
3 floor-breakers
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $91.67: Quality below floor (3.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 3.3:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $86.97. Score 5.1/10, moderate confidence.
Take-profit target: $107.21 (+17.0% upside). Prior stop was $86.97. Stop-loss: $86.97.
Quality below floor (3.7 < 4.0).
Performance Food Group Company trades at a P/E of 39.4 (forward 13.5). TrendMatrix value score: 7.5/10. Verdict: Sell.
21 analysts cover PFGC with a consensus score of 4.2/5. Average price target: $123.
What does Performance Food Group Company do?Performance Food Group distributes more than 250,000 food and food-related products from 155 distribution centers to...
Performance Food Group distributes more than 250,000 food and food-related products from 155 distribution centers to over 300,000 customer locations across North America, through three segments: Foodservice, Convenience, and Specialty. No single customer exceeded 10% of consolidated net sales in fiscal 2025, though a significant portion of Convenience segment volume depends on declining cigarette and tobacco product sales.