ago. Since April 2021, Dave served as President and Chief Executive Officer of Builders FirstSource, the largest U.S. supplier of building products, prefabricated components, and value-added services with annual revenues of approximately $20 billion. With thousands of employees across the country and readily available tools, resources, and customer support, we partner with our customers every step of the way to help them make it. Applicable discrete tax items include changes in tax laws or rates, changes related to prior year unrecognized tax benefits, discrete changes in valuation allowances, and excess tax benefits associated with share-based compensation. 2021 was a year of resilience and recovery. Before joining Meridian Health, David led the Human Resource organizations at Windstream and Sears Holdings. After Insta-Burger King ran into financial difficulties, its two Miami-based franchisees David Edgerton (1927-2018) and James McLamore (1926-1996 . We Help You Make It. In August, US Foods launched US Foods Direct, an exclusive e-commerce platform that gives operators easier access to hard-to-find ingredients, such as specialty spices, seasonings, herbs, pastas, flours, sauces or oils, and on-trend items such as plant-based proteins, dairy-free or vegan alternatives and gluten-free products. Our goal is to make getting what you need easy. Since beginning his foodservice career more than 25 years ago as a warehouse selector, Guy has served in a variety of leadership roles, including operations, sales, IT, strategy and finance. Whatever you need, we're here 24/7. US Foods Holding Corp. (NYSE: USFD) and Services Group of America today Swaine & Moore LLP is acting as its legal advisor, and KKR Capital Some features may be unavailable during system maintenance on Thursday and Saturday evenings. Thank you for your interest in becoming a Shamrock Foods customer. Business Trends . We provide the resources, the technology, and the people to support your business at every step of the way. Andrew Iacobucci is Chief Transition Officer for US Foods, advising and supporting Dave Flitman, Chief Executive Officer, as he onboards to US Foods. statements include, but are not limited to, statements about the These sustainable products are particularly helpful for operators in markets where changing or emerging regulation requires them to seek alternative products for to-go containers and other single-use items.. US Foods new CHECK Business Tools program helps operators make sense of all of the technology solutions to help drive traffic, simplify staffing and reduce waste. At US Foods, our solutions are tailored to fit your specific needs. Group of Companies to US Foods, providing customers with even better subject to risks, uncertainties and other important factors that could The chemicals used in the growing, processing, and packaging of food have become an issue of increasing concern among people worldwide since artificial chemicals are known to have a wide range of negative effects on human health. national foodservice company. It sources from 5,000 suppliers, manages a fleet of 6,000 trucks, oversees 63 distribution facilities and operates six CHEFSTORE locations. are Food Services of America, Systems Services of America, Amerifresh, In this role, he is responsible for leading teams focused on managing and optimizing key business processes for the company. This acquisition will significantly increase US Foods reach across key Steve began his career in restaurant operations and brings more than 30 years of industry experience to the management team. Our operators have access to a wide variety of support staff such as our network of Food Fanatic chefs, our localized restaurant operations consultants and more, he adds. Become a Shamrock Customer. Certain financial results in this press release have been presented excluding the extra week in the fourth quarter and fiscal year 2020 in an effort to provide comparable results on a year-over-year basis. Net income available to common shareholders was $121 million, an increase of $375 million compared to the prior year. The Company also expects cash capital expenditures of $280-$300 million, while fleet capital leases are expected to be an additional ~ $110 million. COVID-19 Update: Learn More Skip to Content Shop Gross profit as a percentage of Net sales was 16.3%. of product repetitively during each shift required, Comfortable driving and working in inclement weather conditions with frequent stops (10+ per shift) required, Must have valid CDL Class A issued by the state of legal residence with necessary endorsements and DOT qualifications, Minimum of six months commercial driving experience (any industry) OR three months commercial driving experience in the food and/or beverage delivery industry required, Ability to operate manual transmission preferred; may be required in specific locations. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); At Shamrock Foods, were dedicated to delivering more than just quality food. Prior to this role, Steve served as the company's Chief Merchandising Officer, overseeing category management, procurement, and product innovation on behalf of the company. business. Decide on what kind of signature to create. Dense_Implement8442 9 mo. Diluted EPS was $0.26; Adjusted Diluted EPS was $0.38. Excellent local leadership. Our mission is to be an innovative, dependable, and versatile partner to foodservice businesses that provide quality product and leading services. https://www.businesswire.com/news/home/20180730005289/en/, US Foods:INVESTORS:Melissa All Drivers are required to the Clearinghouse website and register to the new database. Prior to that Andrew served as Chief Commercial Officer, leading the companys merchandising, pricing and local sales functions, with a focus on developing go-to-market strategies that differentiate US Foods and help the company best serve foodservice operators across the country. Made Easy. Featured Products Benefits medical, dental, vision, 401K, life insurance, strong safety culture, and much more! ROSEMONT, Ill.-- (BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) announced that effective March 1, Smart Foodservice Warehouse Stores will be rebranded as US Foods CHEF'STORE. Thats what you get when you work with Gordon. Burger King (BK) is an American-based multinational chain of hamburger fast food restaurants.Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida-based restaurant chain. Our team of restaurant experts will . Sun., Feb. 19, 2023 timer 1 min. US Foods is one of America's leading food distributors servicing restaurants, the healthcare industry, and more. Keep up-to-date with our latest products and recipes. Heat coconut oil in a large saucepan. termination of the purchase agreement, (2) the risk that the necessary After all, doing more than the competition isn't just a goal - it's a promise. Companies to retain customers, retain and hire key personnel, and The Unpronounceables List initiative truly aligns with our desire to make it easier for our operators to align with the demand for simple, back to the basics ingredients, says Kinkaid. This is a Employee Are You a Current US Foods in Job Job at US Foods in Eagle WI posted on Oodle Classifieds. Join Our. Net sales of $7.6 billion for the quarter increased 24.5% from the prior year. For US Foods, Great Food. {{ userProfileData.lastSelectedLocation | truncateLast }}, {{ userProfileData.lastSelectedLocation | truncateMobileLast }}, Limit the Use of My Sensitive Personal Information, Do Not Sell or Share My Personal Information. the combined companys plans, objectives, expectations and intentions, Our suite of smart and simple tools can help you run your restaurant more efficiently with less effort. Some web site features may not function as expected with your current browser version. closing conditions. SGAs Food Group of Companies, for $1.8 billion in cash. Net Debt at the end of fiscal year 2021 was $4.9 billion, a decrease of $57 million versus the end of fiscal 2020. EBITDA and Adjusted EBITDA are also used in connection with certain covenants and restricted activities under the agreements governing our indebtedness. We serve over 43,000 customer locations with 200,000 different products. We do this by incorporating many energy and environmental improvements, such as adding highly efficient refrigeration systems and LED lighting, says Art Roman, director of design and construction. Cash capital expenditures for fiscal 2021 totaled $274 million, compared to $189 million in the prior year period, an increase of $85 million. Lets talk about how. Fruit and vegetables are rich in vitamins, minerals and phytonutrients but today, they are also loaded with heavy chemicals. US Foods will host a live webcast to discuss fourth quarter and fiscal year 2021 results on February 17, 2022 at 9 a.m. CST. US Foods is guided by strong, decisive leaders dedicated to the core values of customer success, integrity, innovation and teamwork and who share a passion for all things food. US Foodsis proud to have donated $10 million in food to help with COVID-19 relief efforts to help ourlocal communities make it. A Shamrock Foods Sales Representative will review your needs and contact you within 48 hours. its existing liquidity resources. We want to help you put food on the table. Restructuring costs and asset impairment charges (1), COVID-19 product donations and inventory adjustments (7), Business acquisition and integration related costs and other (9), Weighted-average diluted shares outstanding (Non-GAAP) (13). Among the risks Copyright 2023. realize the benefits of the acquisition, (5) the effect of the Please Apply Directly - 6750201824. BECOME A CUSTOMER Download Our App Great Food. With thousands of employees across the country and readily available tools, resources, and customer support, we partner with our customers every step of the way to help them make it. SGAs Food Group of Companies is comprised of five businesses providing Statements in our Annual Report on Form 10-K for the fiscal year ended Your job seeking activity is only visible to you. We work diligently to reduce the energy intensity of our business, and have achieved more than a 10% improvement in our broadline business since 2015.. Excellent local leadership. approximately 40% of its net sales base, and employs a forward-thinking In May, hundreds of US Foods employees participated in Spring into Service, a week-long effort where they packed more than 90,000 meals and snacks to various organizations fighting hunger. But we believe its all about teaming up to find efficient solutions, tackling challenges head-on and nurturing a spirit of passion for the work. release. available later that same day. Share-based compensation expense for expected vesting of stock awards and employee stock purchase plan. Get to know the inspiring people who have the depth and breadth of leadership to take US Foods to an even higher level of success for customers, employees and stakeholders. However, you should understand that these statements are not guarantees of performance or results and there are a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed in the forward-looking statements, including, among others: economic factors affecting consumer confidence and discretionary spending and reducing the consumption of food prepared away from home; the extent and duration of the negative impact of the COVID-19 pandemic on us; cost inflation/deflation and commodity volatility; competition; reliance on third party suppliers and interruption of product supply or increases in product costs; changes in our relationships with customers and group purchasing organizations; our ability to increase or maintain the highest margin portions of our business; achievement of expected benefits from cost savings initiatives; increases in fuel costs; changes in consumer eating habits; cost and pricing structures; impairment charges for goodwill, indefinite-lived intangible assets or other long-lived assets; environmental, health and safety and other governmental regulation, including actions taken by national, state and local governments to contain the COVID-19 pandemic, such as travel restrictions or bans, social distancing requirements, and required closures of non-essential businesses; product recalls and product liability claims; our reputation in the industry; indebtedness and restrictions under agreements governing our indebtedness; interest rate increases; changes in the method of determining London Interbank Offered Rate (LIBOR) or the replacement of LIBOR with an alternative reference rate; labor relations and increased labor costs and continued access to qualified and diverse labor; risks associated with intellectual property, including potential infringement; disruption of existing technologies and implementation of new technologies; cybersecurity incidents and other technology disruptions; effective integration of acquired businesses; changes in tax laws and regulations and resolution of tax disputes; adverse judgments or settlements resulting from litigation; extreme weather conditions, natural disasters and other catastrophic events, including pandemics and the rapid spread of contagious illnesses; costs and risks associated with current and changing government laws and regulations, and potential changes as a result of initiatives by the Biden administration; management of retirement benefits and pension obligations; and potential costs associated with shareholder activism. 2018 at 7:30am CDT to discuss the SGAs Food Group of Companies Definitions and reconciliations of the non-GAAP financial measures to their most comparable GAAP financial measures are included in the schedules attached to this press release. 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