| Business Summary | | Performance
Food
Group
Company
is
a
broadline
foodservice
distributor
that
markets
and
distributes
over
31,000
national
and
proprietary
brand
food
and
non-food
products
to
approximately
27,000
customers
in
the
foodservice
or
"food-away-from-home"
industry.
Its
extensive
product
line
and
distribution
system
allow
it
to
service
both
the
"street"
foodservice
customers,
which
include
independent
restaurants,
hotels,
cafeterias,
schools,
healthcare
facilities
and
other
institutional
customers,
and
multi-unit,
or
"chain"
customers,
which
include
regional
and
national
quick-service
and
casual-dining
restaurants.
The
Company
is
divided
into
three
operating
segments,
Broadline
Distribution,
Customized
Distribution
and
Fresh-cut.
The
Company's
principal
chain
customers
include
Outback
Steakhouse
and
TGI
Friday's,
among
others. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PFGC
is
engaged
in
the
marketing,
processing
and
sale
of
food
and
food-related
products
to
restaurants,
hotels,
cafeterias,
schools,
hospitals
and
other
businesses
and
institutions.
For
the
26
weeks
ended
6/30/01,
net
sales
increased
23%
to
$1.52
billion.
Net
income
rose
62%
to
$17.2
million.
Revenues
benefitted
from
acquisitions
and
increased
sales
in
existing
operations.
Net
income
also
reflects
lower
operating
expenses
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Sledd, 48 Chairman | $734K | C. Michael Gray, 51 Pres,
CEO, Director | 541K | Roger Boeve, 62 CFO,
Exec. VP | 374K | Thomas Hoffman, 62 Sr.
VP | 307K | John Austin, 39 VP-Fin.,
Sec. | -- | Dollar amounts are as of 30-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|