I value the trust and investment that PFG places in my development. Get intelligence on market shares, retail sales footprint, market position and strength for consumer segments and geographies. Courtesy of Performance Food Group Company Information As of 8/3/2022 Country U.S. Headquarters Richmond Industry Wholesalers: Food and Grocery CEO George L. Holm Website www.pfgc.com. VP - Senior Credit Officer Moody's downgrades Performance Food Group's CFR to Ba3; outlook negative, https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1121974, https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004, https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1133569. What are the most searched jobs for 30 days? 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The company's senior unsecured notes were also downgraded to B2 Free, fast and easy way find a job of 849.000+ postings in Provo, UT and other big cities in USA. We encourage our experts to share their knowledge about food and distribution so we can help build better processes and efficiencies for feeding the hungry. This department is full of creativity and endless opportunities! This United States manufacturing companyrelated article is a stub. [4], James Capers' original business which was founded on 1885, grew into Pocahontas Foods. They use their diverse set of skills make bold, informed decisions that propel our company forward. Scott Golden In support of local restaurants, we continue to deliver a range of products and services to help you stay on track, no matter the changing trends. IT Client Prospector provides intelligence on Performance Food Group Cos likely spend across technology areas enabling you to understand the digital strategy. Our new items in stock is a great place to start. Average Performance Food Group Salary. Headquartered in Goochland County, Virginia (just outside Richmond), the company distributes a range of food products, and has more than 22,000 employees. Corporate Finance Group We deliver over 200,000 products to more than 125,000 customers. Performance Food Group delivers more than 300,000 food and related products to customers across the United States and Canada, but that's not all. the lead rating analyst and to the Moody's legal entity that has issued 8.8. to delever. Need money for the holidays? Use semicolon to separate each address, limit to 20 addresses. Delivery isnt just for pizza anymore. JOURNALISTS: 1 212 553 0376 JOURNALISTS: 1 212 553 0376 T-Shirts > 100% Cotton; 6-6.1 100% Cotton; 5-5.6 100% Cotton; 50/ 50 Blend; Performance; Tanks; Ladies; . Contact Media Connect With Us Additional Inquiries Contact Us. Boni added. However, if any statement on this website or within the materials it makes available conflicts with . Go ahead. Salary Score. For further information please see the ratings 2.CREDIT RATINGS AND MOODYS MATERIALS FOUND ON WWW.MOODYS.COM OR SITES OTHER THAN RATINGS.MOODYS.COM MAY NOT BE DISPLAYED IN REAL TIME. Performance Food Group delivers more than 300,000 food and related products to customers across the United States and Canada, but thats not all. Shopping Cart, 600 denier polyester canvas with 210 denier polyester lining, D-shaped zippered opening for easy access in main compartment, Dimensions: 10"h x 20"w x 10.25"d; Approx. Custom solutions, in-house experts, and informative webinars are just some of the resources that Performance can offer. Gain insights from product sales across markets, product categories and channels. by Moody's Deutschland GmbH, An der Welle 5, Frankfurt Order Online. With unique local products and national brand nameswere your one-stop-shop for exceptional food. Performance Food Group Company (PFG) is an American company that was founded in 1885 in Richmond, Virginia, by food peddler James Capers. They own/operate a fulfillment and distribution center. Additional Inquiries Contact us. This website is intended to make available to associates the relevant highlights and certain relevant details of the Performance Food Group (PFG) employee benefit plans. Performance Foodservice; Vistar; Pfg customized; Links. EBITDA increased its scale and density in existing markets. remain elevated at above 4.25x for a sustained period, particularly, TRACS Direct users please sign in here. Performance Food Group Co. engages in the market and distribution of food products. 2023 The Federalist, A wholly independent division of FDRLST Media. provides certain regulatory disclosures in relation to the provisional posed by COVID-19. The key ingredient to success is service. In October, the company launched its seafood item, Bay Winds Fair Trade Certified Norwegian Salmon. We hire in a variety of fields. Section 4. Hourly pay rate: $12.00 Starting Location: Vineyard Utah (close to Harley Davidson off of 1600N), transfers onto t-shirts for youth leagues, and have since evolved into manufacturing and printing affordable custom uniforms & company, for non-profit, recreational, private, jr. professional leagues, schools, and corporations across the country. Sign up for Tristan's email newsletter. We have a delicious directory of savory insights and robust resources to help keep you inspired. love our pets, DIY, and dress to the nines for concerts, rodeos, and Sundays.What youll do:As a sales associate in Animal Health, Sporting Goods, or Hardlines you are responsible for delivering legendary service to our customers and selling our wide range of C, consists of passionate powersports professionals dedicated to prototyping, testing, and developing innovative, proprietary parts and, for our inhouse labels; MSR and Tusk. The next most popular option was that they felt felt about the same with 26% of 348 . The Reinhart purchase is also its largest in recent Search and apply for the latest Apparel jobs in Provo, UT. Competitive salary. be assigned subsequent to the final issuance of the debt, in each Were a national corporation but we cater to our local customers and pride ourselves as being a part of the community. All rights reserved. 1567 $46.98 Gildan - Heavy Blend Hooded Sweatshirt. Research DE&I efforts that may be relevant to the, or retail industry. for a copy of this methodology. support from the primary entity(ies) of this credit rating action, The Foodservices segment delivers food and food-related products to independent restaurants, chain restaurants, and other institutional food-away-from-home locations. We started delivering food in 1885 and over the years have re-invented ourselves time and again to stay ahead of the industry. liquidity with the completion of a $300 million common equity offering the integration of announced acquisitions or the adoption of a more aggressive In January, the company launched its second enterprise Associate Resource Group (ARG), the Black Inclusion Group. Associate Managing Director Staying at the forefront of trends and introducing new concepts to menus will not only keep regulars coming back, but also introduce you to a wider range of potential guests. PFG welcomes Core-Mark to its family of companies. For ratings issued on a program, series, category/class of 250 Greenwich Street A smaller version of our best-selling, budget-friendly duffelthe BG99. affected the rating. Foodservice is a fast-paced environmentour easy-to-use online management tools speed up productivity and give you enough information so youre never second guessing. The combined credit effects for additional regulatory disclosures for each credit rating. strategy including its willingness to use equity to enhance its liquidity If you experience any issues with this process, please contact us for further assistance. Supply Chain Services Industry published in June 2018 and available at of these developments are unprecedented. You have reached the daily limit of Research email sharings. 18500 $22.44 Today we have three segmentsFoodservice, Vistarand Convenienceeach of which focuses on delivering delicious food and excelling at customer service. Boston Childrens Hospital has advertised these procedures for minors as young as 15. Listen to an archived webcast of PFG's first-quarter fiscal year 2023 earnings. By installing LED lights in our warehouses, we reduced the amount of energy used for lighting by 40%. Performance Food Group Co (PFG) is a distributor and marketer of food and food-related products. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. from B1. The RaYnbow Collective did not respond to The Federalists inquiry about how the organization can guarantee the show will be family-friendly.. PFG went public on October 2, 2015, at NYSE with issuing 14.5million shares at $19 per share. Includes a California Prop 65 and social responsibility hangtag. The ratings have been disclosed to the rated entity or its designated What This Company, Connect/network with others on (and off) campus, and refer clubs, Greek life, events, and others to the company for their custom, needs Market Clothes On and communicate to campus groups how we provide the easiest and most personalized ordering process possible, meetings, which may include communication, logistics, and developing content. Browser Requirement. Performance Food Group Apparel & Accessories. sector is highly exposed to the restaurant sector, one of the sectors Salary:$17-$22 an Hour DOE Hours:8 hour shift Monday to Friday Overtime (Rare, but it happens) Location: Onsite in Orem, Utah - Not a Remote Position **DESIGN PORTFOLIO Required** Company Profile: YBA Has been in the. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS. Do Not Sell or Share My Personal Information. 4200 $8.70 Performance Food Group Apparel & Accessories, Performance Product Categories > > > > > > > Workwear > Bags > Accessories > Ladies > > > > > > Performance JERZEES Dri-Power 100% Polyester T-Shirt. credit rating. Follow him on Twitter at @JusticeTristan or contact him at Tristan@thefederalist.com. A smaller version of our best-selling, budget-friendly duffelthe BG99. View Cart; Home; E-mail; Search. To make it even easier, you can also use the PerformanceMobile mobile app to check order statuses and place orders from any device, no matter where you are. by its more modest operating margins versus its larger peers, and The impact of COVID-19 on the restaurant industry has been profound, but we have resources that can help. As a group, we can meet almost any foodservice need, spanning independent restaurants, national chains, vending, concessions, convenience, and more. Performance Food Group, Inc., a wholly owned subsidiary Are you cashing in on the to-go phenomenon? Taking children to a strip club. DM493 $27.98 Our roster of third-party partner companies can help you save costs and become more efficient while reaching more consumers. You agree to read and be bound by the more detailed disclosures regarding Moodys ratings and the limitations of Moodys liability included in the Information. (SPACs), Transportation, Infrastructure & Logistics. Our locations. Copyright 2023 Performance Foodservice, a Performance Food Group company Terms of Use, Privacy,California Privacy Policy, Notice at Collection, Cookie Policy, Fuel Surcharge NoticeandDo Not Sell or Share My Personal Information. You can also view past invoices, view order guides, check your account status, and perform enhanced product searches. its acquisitive business strategy. One bar in Dallas, Texas, is under investigation by the state comptrollers office after the venue featured performers accepting cash from children under a neon sign that reportedly reads, its not gonna lick itself., I want to hear the loony left, liberal logic defend this absurdity. Learn about the many ways we enjoy giving back to our communities. Our associates volunteer their time working in warehouses, conducting food drives and raising funds. Factors that could lead to a downgrade include a continued deterioration You can sign up for additional alert options at any time. 250 Greenwich Street Plus, when you go to complete your order, a critical item reminder alerts you to any items you usually order that aren't in your current order, so you'll never forget a key ingredient. Through a dedication to food safety, a commitment to quality, and strong industry relationships, we develop unique brands that set us apart. Add to Address 12500 W Creek Pkwy, Richmond, Virginia, 23238-1110. The company benefits from being the third largest The use of Our Parent Company, VF Corporation VF is one of the world's largest, footwear and accessories companies connecting people to the lifestyles, activities and experiences they cherish through our family, 0 stores throughout Oregon, Washington, Idaho & Alaska, Fred Meyer offers one-stop shopping with store employment opportunities in. Our customers don't see us as order takers. The company offers its products and services through its distribution centers including broad-line distribution centers, Vistar Specialty distribution centers, and cash and carry outlets in the US. Please reduce your list by using the filtering tool to the left. $20 billion and about $30 billion pro forma for the acquisition The Provo-based LGBT group 'RaYnbow Collective' is promoting the performance as an "ALL AGES, Family-Friendly Drag Show" on its flyers. the rating. food service provider in the US, as well as its greater business For detailed PRICING, please select "Add to Cart" to view the ordering/pricing grid. results in debt to EBITDA sustained above 4.25 times or EBITA to CTTK87 $25.00 Port & Company Tall Core Cotton Tee PC54T $6.62 Port & Company Tall Long Sleeve Core Blend Tee. U.S.A. 1993: Performance Food Group debuts on the NASDAQ Exchange. Our team of leaders includes foodservice experts and sought-after professionals from related industries. GO. Performance Food Group Salaries. Bill Marshall, CFA Group remains vulnerable to the outbreak continuing to spread. information about our products and services. Rating Action: Moody's assigns B2 to Performance Foods' new unsecured notes. Have you found what you were looking for? to a program for which the ratings are derived exclusively from existing Thank You. to rated entity, Disclosure from rated entity. We have installed tools and systems to monitor idle time and to track performance by driver in order to improve fuel efficiency. We also use hi-tech energy management systems to monitor and adjust our energy usage during peak periods. Client Service: 1 212 553 1653, Margaret Taylor This includes providing licensing, allowing them to bring their authentic selves to work every day. More specifically, Performance Food Welcome to our online catalog of apparel & accessories! By clicking I AGREE, you indicate that you understand and intend these terms and conditions to be the legal equivalent of a signed, written contract and equally binding, and that you accept such terms and conditions as a condition of viewing any and all Moodys information that becomes accessible to you (the Information). PerformanceNet is our enhanced online ordering system featuring a personalized dashboard and the ability to place orders from any device. Learn why in our latest video. PerformanceNet is our enhanced online ordering system featuring a personalized dashboard and the ability to place orders from any device. the strategic benefits of the transaction and its financing of $400 Performance Food Group was born in 1987. Performance Food Group Co. engages in the market and distribution of food products. Become a customer today and experience the Performance Foodservice difference. Our roots go back to 1885 when James Capers began peddling groceries for a wholesaler in Richmond, Va. His business grew into Pocahontas Foods, which distributed branded products to restaurants and foodservice outlets across the United States. What are top vacancies related to apparel jobs? Our Locations. She advanced through a variety of positions over the years and through hard work and commitment, she is now President of Vistar Phoenix. T-Shirts Polos/Knits Sweatshirts/Fleece Caps Activewear Outerwear Woven Shirts . BC7502 $37.86 District Women's Lightweight Fleece Hoodie. Moody's Investors Service, Inc. Skip to content Be lovers of freedom and anxious for the fray Downgraded to Ba3-PD from Ba2-PD, . Corporate Family Rating, Downgraded Our comprehensive Operator Resources offers business-boosting ideas with creative menu inspiration, holiday planning pointers, and insightful webinars, along with links to other small business, government, and industry resources. What are the most popular cities with job openings for apparel? Thats why our customers count on us for safety and efficiency, but also to show them whats coming next. support provider and in relation to each particular credit rating action Were happy to answer questions or share Vistar & Roma Vision users please click here. Sign In. issued on a support provider, this announcement provides certain . Probability of Default Rating, More than 100 years of experience and adaptation, Jamie Guadagnino, President, Vistar Phoenix. Its easy for you to start up natural, friendly conversations, adapt to different types of Customers, and resolve issues, Vans Sales Associate (University Mall, Orem, Utah), Vans Supervisor (University Mall, Orem, Utah), 2020-2021 Campus Ambassador (Up to $10k/year), Diversity, Equity & Inclusion Internship: Summer 2023 (Hybrid or Remote). Talk to your sales rep to get more information and find out if our enhanced online ordering system is available in your area. Please rotate your device to view this content. 5. We develop our own specifications and guidelines for each of our brands, then work with suppliers to choose the best products for inclusion. Braveheart Black Angus Beef redefines premium beef, setting a higher bar for quality, tenderness and taste. PC55LST $8.04 Port & Company Tall Core Blend Pocket Tee. 2,050 cubic inches. We build lasting relationships with our customers, doing everything we can to ensure success. same series, category/class of debt, security or pursuant Key Dates: 1987: Founding distributor, Caro Produce and Institutional Foods, is acquired. metrics will remain elevated as the company integrates both the proposed Yes, we started delivering food in 1885, but we've never stopped moving or rested on our laurels. announced and described above. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Tristan graduated from George Washington University where he majored in political science and minored in journalism. for Designating and Assigning Unsolicited Credit Ratings available on in operating performance, a longer than anticipated timeframe for mediarelations@pfgc.com, Additional Inquiries See for yourself. We enable those who think impossible is a good reason to try something. Foodservice, Vistar, and Convenience fall under the PFG umbrella. of COVID-19 will significantly delay the company's ability It's also available in English and Spanish. said Vice President Christina Boni. Please see www.moodys.com for any updates on changes to A Utah nonprofit is sponsoring a Back to School Pride Drag Extravaganza on Saturday with performers whose names sound like anal leakage and genitalia when pronounced. By clicking I AGREE, you indicate that you understand and intend these terms and conditions to be the legal equivalent of a signed, written contract and equally binding, and that you accept such terms and conditions as a condition of viewing any and all Moodys information that becomes accessible to you (the Information). Christina Boni in relation to each rating of a subsequently issued bond or note of the Note: Bags not intended for use by children 12 and under. Research and provide updates on DE&I events, initiatives, and actions that may be relevant to Lands' End's BRGs. No warranty, express or implied, as the accuracy, timeliness, completeness, merchantability or fitness for any particular purpose of any Moodys credit rating is given or made by Moodys in any form whatsoever. We deliver over 200,000 products to more than 125,000 customers. and governance (ESG) risks in our credit analysis can be found at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1133569. The outlook also reflects the risks presented by the expected ensuing net proceeds will be for working capital and general corporate purposes. But we also provide non-food products, kitchen equipment, and restaurant supplies to streamline your business. in earnings while maintaining a balanced financial strategy that results 12500 $28.56 COMFORT COLORS Ring Spun Hooded Sweatshirt. issued by one of Moody's affiliates outside the EU and is endorsed We dont just show our customers whats happening today, we show them whats coming next. Please rotate your device to view this content. Each segment meets the needs of a unique group of customers and continues to evolve as the industry grows and changes. A sustained deterioration At Performance Food Group, we are dedicated to helping our customers and associates succeed. Product Categories. The Provo-based LGBT group, RaYnbow Collective, is promoting the performance as an ALL AGES, Family-Friendly Drag Show on its flyers. Locations. Please refer to Moody's Policy As a proud sponsor of Feeding America, the nations largest hunger relief organization, we donate more than a million pounds of food annually to help fight hunger. Section 3. Director, External Communications & Engagement LEARN MORE ABOUT PERFORMANCE FOODSERVICE BRANDS. A Trusted Leader In The Foodservice Industry More than 100 years of experience and adaptation We deliver success through a blend of proven expertise and willingness to embrace change. 2023 Moody's Investors Service, Inc., Moodys Analytics, Inc. and/or their affiliates and licensors. [8] The company is also a Fortune 500 company, which currently ranked at 114 as of 2021.[9][10]. Not only can we connect you with local products, having one of our operational facilities nearby means you can take advantage of any special services they offer. of Eby Brown and the purchase of Reinhart Foodservice. https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1121974. New York, April 21, 2020 -- Moody's Investors Service, ("Moody's") downgraded Client Service: 1 212 553 1653, Releasing Office: Links About . Performance Food Group or "the Company") Corporate Family Rating to Ba3 from Ba2, [citation needed] It has three divisions, each catering to specific market segments: Performance Foodservice, Vistar, and PFG Customized. The national average salary for a Performance Food Group employee in the United States is $43,191 per year. 3.25 times on a sustained basis. given the substantial implications for public health and safety. Telephone 1 804 4847700. You must click the activation link in order to complete your subscription. Assigned B2 (LGD5). Performance Food Group provides update on partnerships and corporate actions. PFG has worked to provide relevant, accurate information on this site. When asked in an Indeed survey about the difficulty of their interview at Performance Food Group, most respondents said it was easy. segment and good liquidity. the associated regulatory disclosures will be those of the guarantor entity. [citation needed] It has three divisions, each catering to specific market segments: Performance . Section 1. Moody's general principles for assessing environmental, social position changes including promotions, transfers, hierarchal changes etc. Forgot password? The negative outlook reflects our view that Performance Food Group's credit pressure on consumer demand. in debt to EBITDA of under 3.75 times and EBITA to interest above About Us Cutting-edge Solutions to Meet Our Customer Needs Throughout our facilities weare installing motion sensors andreplacing incandescent bulbswith interior LED lights and other energy-efficient options. For further specification of Moody's key rating assumptions and PFG is a great place to start and build a career. The ratings outlook remains negative. He has also written for The Washington Examiner and The Daily Signal. Finally, we are constantly looking at the specifications of our tractors and trailers to improve aerodynamics to further improve the efficiency of our equipment. and each of its subsidiaries and affiliates.. 1. You agree that any disputes relating to this agreement or your use of the Information, whether in contract, tort, statute or otherwise, shall be governed by the laws of the State of New York and shall be subject to the exclusive jurisdiction of the courts of the State of New York located in the City and County of New York, Borough of Manhattan.. Factors that could lead to an upgrade include a sustained improvement By providing your email address below, you are providing consent to Performance Food Group to send you the requested Investor Email Alert updates. regulatory disclosures in relation to the credit rating action on the At least one ESG consideration was material to the credit rating outcome You love to talk about athletic sneakers and, as much as you love to collect them. New York, NY 10007 is supported by governance considerations including its balanced financial To the extent permitted by law, Moodys and its directors, officers, employees, representatives, licensors and suppliers disclaim liability for: (i) any indirect, special, consequential, or incidental losses or damages whatsoever arising from or in connection with use of the Information; and (ii) any direct or compensatory damages caused to any person or entity, including but not limited to by any negligence (but excluding fraud or any other type of liability that by law cannot be excluded) on the part of Moodys or any of its directors, officers, employees, agents, representatives, licensors or suppliers, arising from or in connection with use of the Information. tab on the issuer/entity page for the respective issuer on www.moodys.com. In our modern world, every second matters, and customer interactions have greater impact. PFG is headquartered in Richmond, Virginia, the US. 5. Regulatory disclosures contained in this press release apply to the credit So far, this effort has resulted in a savings of over 39 million kWh over the past year equivalent to the energy produced by 3,356 tons of crude oil. Warning: This article contains graphic content. After interviewing at Performance Food Group, 48% of 348 respondents said that they felt really excited to work there. It operates through the following segments: Foodservice, Vistar, & Convenience. We build lasting relationships with our customers, doing everything we can to ensure success. You can help Wikipedia by expanding it. We deliver success through a blend of proven expertise and willingness to embrace change. Performance Food Group, Inc.'s Ba3 corporate family rating Please see the ratings tab on the issuer/entity page on www.moodys.com am Main 60322, Germany, in accordance with Art.4 paragraph profile by raising $300 million ($349 million with the over-allotment) pic.twitter.com/Qnt7Q6GKOs. We also recycle the water that's used to clean our trucks. And with good reason, because time and again, focusing on our customers and the associates who put our customers first in turn yields success for PFG. Rating Symbols and Definitions can be found at: https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004. Today's action reflects the impact on Performance Food Group of the breadth