US Foods Holding Corp. (USFD) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and thank you for standing by. My name is Tiffany, and I will be your conference operator today. At this time, I would like to welcome everyone to the U.S. Foods Holding Corp Q4-25 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during that time, simply press star number one on your telephone keypad. I would now like to turn the call over to Michael Neese, Senior Vice President, Investor Relations. Michael, please go ahead. Thank you, Tiffany. Good morning, everyone, and welcome to U.S. Foods' fourth quarter and full-year fiscal 2025 earnings call. On today's call, we have Dave Libman, our CEO, and Dirk Lacazio, CFO. We will take your questions after our prepared remarks conclude. Please limit yourself to one question and one follow-up. Our earnings release issued earlier this morning and today's presentation can be found on the investor relations page of our website at ir.usfoods.com. During today's call, unless otherwise stated, we're comparing our fourth quarter and full year 2025 results to the same period in fiscal year 2024. In addition to historical information, certain statements made during today's call are considered forward-looking statements. Please review the risk factors in our Form 10-K for a detailed discussion of the potential factors that could cause our actual results to differ materially from those anticipated in forward-looking statements. Lastly, during today's call, we will refer to certain non-GAAP financial measures. All reconciliations to the most comparable GAAP financial measures are included in the schedules on our earnings press release, as well as in the appendices to the presentation slides po...