Performance Food Group Co

PFGC: XNYS (USA)

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PFG Bolsters Its Pizzeria Leadership Despite Slowing Foodservice Demand and Threats From Sysco

Rebecca Scheuneman , Grace Na

Nov 7, 2022

Business Strategy and Outlook

COVID-19 caused an unprecedented shock to the food-service industry, although Performance Food Group's, PFG's, high mix of delivery-heavy pizzerias helped damp the impact, with PFG returning to prepandemic sales levels by April 2021. The firm gained market share in recent years, as its clout as the third-largest U.S. food-service distributor likely allowed it to more easily secure products among widespread shortages than its smaller peers. But with product availability improving, we suspect gains will be more challenging.

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Performance Food Group Co

PFG Bolsters Its Pizzeria Leadership Despite Slowing Foodservice Demand and Threats From Sysco

Business Strategy and Outlook

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