US Foods Net Worth is20.00 $Billion
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US Foods (formerly known as U.S. Foodservice) is one of the USAa??s leading distributors. With nearly $19 billion in annual revenue, US Foods is the 10th largest private company in America. Many of the entities that make up US Foods were founded in the 19th century, including one that sold provisions to travelers heading west during the 1850s gold rush. The company had used the name U.S. Foodservice since 1993. US Foods offers more than 350,000 national brand products and its own a??exclusive branda?? items, ranging from fresh meats and produce to prepared and frozen foods. The company employs approximately 25,000 people in more than 60 locations nationwide, and provides food and related products to more than 250,000 customers, including independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. The company is headquartered in Rosemont, Illinois, and jointly owned by funds managed by Clayton, Dubilier & Rice Inc. and Kohlberg Kravis Roberts & Co.
In October 2011, the company launched a new brand identity reflecting its strategic focus on creating a better food offering and an easier service experience for customers. Since, US Foods has introduced more innovative products, exclusive brands and specialized services to help drive customer growth. The companya??s new tagline is a??Keeping Kitchens Cookinga??.
Several of the entities that comprised what is now US Foods started in the 19th century. Monarch Foods, for example, traced its roots to Reid-Murdoch Co., a Dubuque, Iowa, company founded in 1853 to provision wagon trains heading west. Reid-Murdoch was a major sponsor of the "The Teenie Weenies" comic strip.
John Sexton & Company began as a retail tea and coffee merchant in Chicago, IL in 1883. John Sexton soon discovered hotels and restaurants were his biggest customers. By 1887, Sexton closed his four Chicago retail locations to focus on his institutional customers. By 1891, Sexton began manufact

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US Foods Latest News

US Foods Completes Secondary Offering and Concurrent Share Repurchase

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD), today announced the closing of its secondary public offering of 39,955,545 shares of common stock by investment funds associated with Clayton, Dubilier & Rice, LLC and Kohlberg Kravis ...
Posted: December 4, 2017, 12:50 pm

US Foods Holding Corp. (USFD) Moves Lower on Volume Spike for December 06

US Foods Holding Corp. (USFD) traded on unusually high volume on Dec. 06, as the stock lost 0.23% to close at $30.11. On the day, US Foods Holding Corp. saw 5.94 million shares trade hands on 19,050 trades. Considering that the stock averages only a daily ...
Posted: December 6, 2017, 2:18 pm

Mail-order foods for last-minute holiday gifts: Coffee, spices, more

As TODAY’s Hassle-Free Holiday series continues, lifestyle expert Elizabeth Mayhew joins TODAY to showcase mail-order goodies that will arrive in time for Christmas, including Fire Dept. Coffee, a meat lover’s platter, ready-to-blend smoothies, a spice ...
Posted: December 15, 2017, 6:06 am
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