US Foods Holding Corp. (USFD) 2019年年度报告「NYSE」.pdf

1、ANNUAL REPORT 2019US FOODS ANNUAL REPORT 2019TO OUR STOCKHOLDERS:At US Foods,our promise is to help customers Make It by providing the innovative products and easy-to-use technology they need to succeed.In 2019,we continued to execute on our GREAT FOOD.MADE EASY.strategy,while delivering strong fina

2、ncial performance and positioning ourselves for long-term success.We also closed the acquisition of the Food Group of Companies(the Food Group),expanding our footprint in the northwest and west regions of the United States and enhancing our produce,center-of-the-plate and logistics capabilities.FISC

3、AL 2019 HIGHLIGHTS Our full-year financial highlights included:Delivered net sales of$25.9 billion and increased gross profit by 6.5%Increased independent restaurant case volume by 7.1%,including 4.4%organic case volume growth Expanded operating leverage by growing gross profit dollars faster than o

4、perating expenses for the fourth consecutive year,resulting in operating income growth of 6.2%and Adjusted EBITDA growth of 8.3%Grew operating cash flow by approximately 25%OUR STRATEGY Our GREAT FOOD.MADE EASY.differentiation strategy continues to set us apart in the marketplace.Its a strategy that

5、 is grounded in an understanding of our customers and driven by our commitment to help them solve their most pressing business challenges.GREAT FOOD Keeping a menu fresh is challenging,and customers count on US Foods for new,innovative products that will help them attract diners.The cornerstone of t

6、his offering is Scoop,a platform that introduces timesaving,on-trend products multiple times a year.The program continues to resonate with our customers,driving 21%higher basket sizes and 13%higher retention rates.A growing part of Scoop is our Serve Good program,which features more than 500 product