Why Performance Food Group (PFGC) Stock Is Nosediving

What Happened?

Shares of food distribution giant Performance Food Group (NYSE:PFGC) fell 7.4% in the afternoon session after the company reported fourth-quarter 2025 results that missed analyst expectations and provided a weaker-than-expected financial outlook. 

The foodservice distributor's adjusted earnings per share came in at $0.98, falling short of the consensus estimate of $1.09. Revenue for the quarter was $16.44 billion, also slightly below the $16.52 billion analysts had forecasted. Compounding the issue, the company's guidance for the upcoming year and quarter disappointed investors. While Performance Food Group reconfirmed its full-year revenue forecast, its adjusted EBITDA guidance of $1.93 billion at the midpoint fell short of Wall Street's $1.98 billion expectation. Furthermore, revenue guidance for the next quarter also came in below estimates. This combination of missing current earnings and providing a soft forecast for future profitability prompted the negative investor reaction.

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What Is The Market Telling Us

Performance Food Group’s shares are not very volatile and have only had 2 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.

Performance Food Group is up 1.2% since the beginning of the year, but at $89.07 per share, it is still trading 18.1% below its 52-week high of $108.72 from September 2025. Investors who bought $1,000 worth of Performance Food Group’s shares 5 years ago would now be looking at an investment worth $1,681.

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