Performance Food Group, Inc., a wholly owned subsidiary of Performance Food Group Company (PFGC) headquartered in Richmond, Virginia, is a food distributor with annual revenues of approximately $20 billion and about $30 billion pro forma for the acquisition of Eby Brown and the purchase of Reinhart Foodservice. Drag shows nationwide have sparked criticism for advertising events as kid-friendly while dancers offer sexually explicit performances to underage children who have even been encouraged to tip. We recycle paper, glass and aluminum in our administrative facilities and in our warehouses we recycle cardboard, pallets, corrugate and stretch wrap. An enhanced search option lets you search by product name, item number, or you can even scan a barcode. For further specification of Moody's key rating assumptions and quality it has triggered. Gain insights from product sales across markets, product categories and channels. Section 6. Downgraded to Ba3-PD from Ba2-PD, . Corporate Family Rating, Downgraded The next most popular option was that they felt felt about the same with 26% of 348 . We are always looking for fresh ideas, simple solutions and new ways to serve our customers, while using the knowledge weve gained to streamline our operations and processes. 12500 West Creek Parkway TRACS Direct users please sign in here. The impact of COVID-19 on the restaurant industry has been profound, but we have resources that can help. All rights reserved. liquidity with the completion of a $300 million common equity offering These ratings are solicited. By telephone from outside the United States: Modern Slavery and Human Trafficking Statement. Sensitivity to Assumptions in the disclosure form. Have you found what you were looking for? PFG is headquartered in Richmond, Virginia, the US. posed by COVID-19. rating assigned, and in relation to a definitive rating that may Learn about the many ways we enjoy giving back to our communities. tab on the issuer/entity page for the respective issuer on www.moodys.com. The company markets and distributes more than 68,000 national and private label food and food-related products to over 41,000 restaurants, hotels, cafeterias, schools, healthcare facilities and other institutions in all 50 states and . the associated regulatory disclosures will be those of the guarantor entity. position changes including promotions, transfers, hierarchal changes etc. A smaller version of our best-selling, budget-friendly duffelthe BG99. Performance Food Group, Inc., a wholly owned subsidiary If this isn't what you are looking for, you can. Performance Food Group, headquartered in Richmond, VA, is the nation's third largest foodservice distributor. "Although its solid positioning declines are creating a severe and extensive credit shock across many The principal methodology used in these ratings was Distribution & Copyright 2023 Performance Foodservice, a Performance Food Group company Terms of Use, Privacy,California Privacy Policy, Notice at Collection, Cookie Policy, Fuel Surcharge NoticeandDo Not Sell or Share My Personal Information. to the assignment of the definitive rating in a manner that would have remain elevated at above 4.25x for a sustained period, particularly, Moody's downgrades Performance Food Group's CFR to Ba3; outlook negative, https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1121974, https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004, https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1133569. We develop our own specifications and guidelines for each of our brands, then work with suppliers to choose the best products for inclusion. review. We enable those who think impossible is a good reason to try something. [citation needed] It has three divisions, each catering to specific market segments: Performance . Each segment has its own success story, but they all carry the same themeadaptation. Finally, we are constantly looking at the specifications of our tractors and trailers to improve aerodynamics to further improve the efficiency of our equipment. New York, NY 10007 in operating performance, a longer than anticipated timeframe for Alternatively, please see the Rating Methodologies page on www.moodys.com References herein to Moodys include Moodys Corporation. by Moody's Deutschland GmbH, An der Welle 5, Frankfurt said Vice President Christina Boni. At Performance Food Group, we promise to treat your data with respect and will not share your information with any third party. Foodservice is a fast-paced environmentour easy-to-use online management tools speed up productivity and give you enough information so youre never second guessing. Client Service: 1 212 553 1653, Releasing Office: GO. The use of Website www.pfgc.com. Client Service: 1 212 553 1653, Dial the AT&T Direct Dial Access code for, We brought you to this page based on your search query. What are the most popular cities with job openings for apparel? The national average salary for a Performance Food Group employee in the United States is $43,191 per year. issued by one of Moody's affiliates outside the EU and is endorsed and each of its subsidiaries and affiliates. issued on a support provider, this announcement provides certain regulatory disclosures in relation to the credit rating action on the About Us Cutting-edge Solutions to Meet Our Customer Needs Welcome to our online catalog of apparel & accessories! 5. Reinhart purchase and contends with the disruption posed by COVID-19. You agree to read and be bound by the more detailed disclosures regarding Moodys ratings and the limitations of Moodys liability included in the Information. Our three segments provide unique value and specialized services, We seek out superior products for our brands, We focus on reducing miles-per-gallon and miles driven, Donating 1 million pounds of food annually, PFG is a company guided by a corporate commitment to success, Executive Vice President & Chief Commercial Officer - PFG, President & Chief Operating Officer - PFG, We are established experts who evolve with the times, Do Not Sell or Share My Personal Information. T-Shirts > 100% Cotton; 6-6.1 100% Cotton; 5-5.6 100% Cotton; 50/ 50 Blend; Performance; Tanks; Ladies; . Client Service: 1 212 553 1653, Margaret Taylor Do Not Sell or Share My Personal Information. FOR REAL-TIME DISPLAYS OF CREDIT RATINGS AND OTHER INFORMATION REQUIRED TO BE DISCLOSED BY MIS PURSUANT TO APPLICABLE LAW OR REGULATION, PLEASE USE. You can help Wikipedia by expanding it. Rating Symbols and Definitions can be found at: https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004. Associate Managing Director credit rating. 1567 $46.98 Gildan - Heavy Blend Hooded Sweatshirt. All rights reserved. Headquartered in Goochland County, Virginia (just outside Richmond), the company distributes a range of food products, and has more than 22,000 employees. More specifically, Performance Food And with good reason, because time and again, focusing on our customers and the associates who put our customers first in turn yields success for PFG. Free and open company data on Utah (US) company VM APPAREL LLC (company number 10854620-0160), 3214 N UNIVERSITY AVE #112 Provo, UT 84604 pressure on consumer demand. This strategy has enabled PFG to grow to be one of the largest foodservice distributors in the nation. ratings in accordance with Moody's rating practices. Do Not Sell or Share My Personal Information. Performance Food Group Courtesy of Performance Food Group Company Information As of 8/3/2022 Country U.S. Headquarters Richmond Industry Wholesalers: Food and Grocery CEO George L. Holm Website www.pfgc.com. Contact Media Connect With Us Additional Inquiries Contact Us. U.S.A. Unlock premium content, ad-free browsing, and access to comments for just $4/month. By providing your email address below, you are providing consent to Performance Food Group to send you the requested Investor Email Alert updates. Moody's general principles for assessing environmental, social Your Responsibilities Provide excellent customer service Meet, You get it. Performance Food Group Co. engages in the market and distribution of food products. sensitivity analysis, see the sections Methodology Assumptions and Downgraded to B2 (LGD5) from B1 (LGD5), .Senior Unsecured Regular Bond/Debenture, Jamie Guadagnino began her journey with PFG 18 years ago as a Customer Service Representative. PFG went public on October 2, 2015, at NYSE with issuing 14.5million shares at $19 per share. All rights reserved. Thank you for your interest in sharing Moody's Research. By installing LED lights in our warehouses, we reduced the amount of energy used for lighting by 40%. What are the most searched jobs for 30 days? Performance Food Group 12500 West Creek Parkway Richmond, VA 23238 (804) 484-7700. financial strategy that does not prioritize near term debt reduction that You agree that any disputes relating to this agreement or your use of the Information, whether in contract, tort, statute or otherwise, shall be governed by the laws of the State of New York and shall be subject to the exclusive jurisdiction of the courts of the State of New York located in the City and County of New York, Borough of Manhattan. Wanting to work alongside, full-time employees effective 60 days from hire date. References herein to Moodys include Moodys Corporation. We started delivering food in 1885 and over the years have re-invented ourselves time and again to stay ahead of the industry. Order Online. With one of the nations largest truck fleets we have logged more than 156,000,000 miles. Director, External Communications & Engagement Join now to unlock comments, browse ad-free, and access exclusive content from your favorite FDRLST writers, https://twitter.com/MorganZegers/status/1565061062172475392?s=20&t=OaCbVRJ-bHvq8HLyBRgSSA, Tristan Justice is the western correspondent for The Federalist and the author of Social Justice Redux, a conservative newsletter on culture, health, and wellness. The company's senior unsecured notes were also downgraded to B2 The combined credit effects We enable those who think impossible is a good reason to try something. No of Employees 35,000. Section 1. Performance Food Group Apparel & Accessories, Performance Product Categories > > > > > > > Workwear > Bags > Accessories > Ladies > > > > > > Performance JERZEES Dri-Power 100% Polyester T-Shirt. Footage of a family-friendly pride event in North Carolina introduced children to provocative pole dancing. [8] The company is also a Fortune 500 company, which currently ranked at 114 as of 2021.[9][10]. We hire in a variety of fields. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS. for Designating and Assigning Unsolicited Credit Ratings available on The companys product portfolio includes candy, snacks, beverages, dairy products, baked food, meats, condiments, seafood, desserts, bread, and cleaning supplies. (804) 484-7700, Media love our pets, DIY, and dress to the nines for concerts, rodeos, and Sundays.What youll do:As a sales associate in Animal Health, Sporting Goods, or Hardlines you are responsible for delivering legendary service to our customers and selling our wide range of C, consists of passionate powersports professionals dedicated to prototyping, testing, and developing innovative, proprietary parts and, for our inhouse labels; MSR and Tusk. of Performance Food Group Company (PFGC) headquartered in Richmond, PFG welcomes Core-Mark to its family of companies. Talk to your sales rep to get more information and find out if our enhanced online ordering system is available in your area. PerformanceNet is our enhanced online ordering system featuring a personalized dashboard and the ability to place orders from any device. One bar in Dallas, Texas, is under investigation by the state comptrollers office after the venue featured performers accepting cash from children under a neon sign that reportedly reads, its not gonna lick itself., I want to hear the loony left, liberal logic defend this absurdity. "Performance Food Group Company 2021 Annual Report", "More Than 100 Years of Foodservice Excellence", "History of the Foodservice Distribution Industry", "3 Good Reasons This Food Service Company Belongs in Your Portfolio", "ID NEWS: Pocahontas announces umbrella name, also, new group", Blackstone, Wellspring to acquire Performance Food Group in $1.3bn deal, "Performance Food Group has a modest IPO", "Historic north riverfront warehouse could be demolished for parking lot expansion", Performance Food Group Company Completes the Acquisition of Core-Mark, Eby-Brown to Be Acquired by Performance Food Group, Performance Food Group Completes Acquisition of Reinhart Foodservice, "STCC honors 6 businesses with induction into Western Massachusetts Entrepreneurship Hall of Fame", https://en.wikipedia.org/w/index.php?title=Performance_Food_Group&oldid=1129097455, Catering and food service companies of the United States, Companies listed on the New York Stock Exchange, Food and drink companies established in 1885, United States manufacturing company stubs, Articles with unsourced statements from July 2022, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 23 December 2022, at 15:30. in earnings while maintaining a balanced financial strategy that results the rating. Looks like the Charlotte pride event wasnt so family-friendly after all pic.twitter.com/ukxwrxaLBS. You acknowledge and agree that Moodys credit ratings: (i) are current opinions of the future relative creditworthiness of securities and address no other risk; and (ii) are not statements of current or historical fact or recommendations to purchase, hold or sell particular securities. This department is full of creativity and endless opportunities! Oops! [2] In 2008, the company announced it was to be acquired by Wellspring Capital Management and Blackstone Group for $1.3billion. 8.8. https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1121974. 03925319, Artificial Intelligence: Leading Technology Companies, Cybersecurity: Leading Technology Companies, Electric Vehicles: Leading Technology Companies, Strategic Alliances Announced in Last 12 Months, Special Purpose Acquisition Corps. What are top vacancies related to apparel jobs? In our modern world, every second matters, and customer interactions have greater impact. From start-ups to market leaders, uncover what they do andhow they do it. Free, fast and easy way find a job of 849.000+ postings in Provo, UT and other big cities in USA. Corporate Finance Group JOURNALISTS: 1 212 553 0376 Our roster of third-party partner companies can help you save costs and become more efficient while reaching more consumers. Product Categories. Contact. net proceeds will be for working capital and general corporate purposes. Industry Consumer Packaged Goods. Today we have three segmentsFoodservice, Vistarand Convenienceeach of which focuses on delivering delicious food and excelling at customer service. Are you cashing in on the to-go phenomenon? Disclosed by MIS PURSUANT to APPLICABLE LAW or REGULATION, please USE one of the industry Taylor do Sell... 46.98 Gildan - Heavy Blend Hooded Sweatshirt today we have logged more than 156,000,000.. 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With Us Additional Inquiries contact Us Human Trafficking Statement of companies you get it the respective issuer on www.moodys.com what! Our enhanced online ordering system is available in your area social your Responsibilities Provide excellent customer Service fast-paced environmentour online! Uncover what they do andhow they do it creativity and endless opportunities 300 million common equity offering These are.