US Foods Holding Corp (NYSE:USFD)
$ 52.97 -0.17 (-0.32%) Market Cap: 13.02 Bil Enterprise Value: 17.70 Bil PE Ratio: 26.09 PB Ratio: 2.70 GF Score: 83/100

Q1 2020 US Foods Holding Corp Earnings Call Transcript

May 05, 2020 / 03:00PM GMT
Release Date Price: $18.84 (-5.52%)
Operator

Thank you for standing by and welcome to the US Foods First Quarter Earnings Review Conference Call.

(Operator Instructions) Please be advised, today's conference is being recorded. (Operator Instructions)

I'd now like to hand the conference over to your speaker today, Melissa Napier, SVP, Treasurer and Investor Relations. Thank you. Please go ahead.

Melissa Napier
US Foods Holding Corp. - Senior VP of IR & Treasurer

Thank you. Good morning, everyone. Welcome to our first quarter fiscal 2020 earnings call.

Joining me on today's call are Pietro Satriano, our CEO; and Dirk Locascio, our CFO.

Since Mid-March of 2020, towards the end of our first quarter, the business operations of our restaurant, hospitality and education customers were significantly disrupted by the spread of the COVID-19 virus. On today's earnings call, we will focus our commentary on trends seen in the business for both pre-COVID and post-COVID time frame, extending through the week ended May 2, 2020. We'll also be discussing the actions recently

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