US Foods Holding Business Summary

US Foods Holding Corp. (USFD) operates as a leading broadline foodservice distributor in the United States, generating revenue primarily through the procurement, sale, and distribution of fresh, frozen, and dry food products, alongside non-food items such as equipment, disposables, and supplies. The company serves a diverse customer base of approximately 300,000 locations, including independent restaurants, healthcare facilities, hospitality venues, and governmental institutions. Its business model is centered on a single reportable segment that leverages a national network of over 70 distribution facilities and a fleet of 6,500 trucks to provide value-added services, including e-commerce solutions and culinary consulting. US Foods competes directly with industry giants Sysco Corporation, Performance Food Group, and United Natural Foods; it currently maintains a dominant market position as the second-largest broadline distributor in the U.S., reporting fiscal year 2025 net sales of $39.4 billion. The modern corporate structure of US Foods was established in 2007 through a $7.1 billion leveraged buyout by private equity firms Kohlberg Kravis Roberts (KKR) and Clayton, Dubilier & Rice (CD&R), though its lineage traces back to 1853 with founder John Sexton. The leadership team is currently headed by CEO Dave Flitman, who joined in 2023 with a high-pedigree background as the former CEO of Builders FirstSource and President of Performance Foodservice. He is supported by Executive Vice President and CFO Dirk Locascio, a veteran finance leader with prior experience at United Airlines and Deloitte. The company’s board of directors features notable industry figures, including Chairman David Tehle (former CFO of Dollar General), Cheryl Bachelder (former CEO of Popeyes), and Marla Gottschalk (former CEO of The Pampered Chef). Major institutional investors include The Vanguard Group and Boston Partners, reflecting the company’s successful transition from private equity ownership to a robust public entity.