US Foods (USFD) AGM 2026 summary

Opening remarks and agenda

• Meeting conducted virtually to increase accessibility for stockholders.

• Board members and executive team introduced, highlighting their diverse expertise.

• Representatives from Deloitte & Touche and Broadridge Financial Solutions present for Q&A and election oversight.

Financial performance review

• Adjusted EBITDA grew 11% to over $1.9 billion, with margin expansion of 30 basis points in 2025.

• Adjusted EPS reached a record $3.98, up 26%, leading the industry.

• Achieved strong results despite macroeconomic softness, severe weather, geopolitical conflict, and rising fuel costs.

• Repurchased $930 million in shares and completed two tuck-in acquisitions totaling over $130 million.

Board and executive committee updates

• Board consists of experienced leaders overseeing strategy execution.

• CEO, CFO, and Chief Legal Counsel present; proxies appointed for voting.