US Foods Holding Corp's stock experienced a significant pre-market plunge of 6.57% on Thursday.
The sharp decline follows the company's release of its first-quarter fiscal 2026 results, which fell short of analyst expectations. US Foods reported adjusted earnings per share of $0.78, missing the consensus estimate of $0.81. Furthermore, the company's sales of $9.61 billion slightly missed the estimated $9.647 billion.
While the company reported a 2.8% year-over-year increase in sales and a 14.7% rise in adjusted EPS, the results were below Wall Street's forecasts, leading to negative investor sentiment in pre-market trading. The company has reaffirmed its full-year 2026 guidance.
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