Performance Food Group Company Common Stock (PFGC)

U.S. stock futures rose on Wednesday after Tuesday’s rally. Futures of major benchmark indices were higher.

U.S. stocks closed higher on Tuesday, with the S&P 500 hitting new record highs after July's inflation data eased fears. Dow up 484 points.

US stock futures mixed, Brinker, Performance Food, CarParts.com report earnings. CoreWeave and Cisco also report.

Performance Food rejects offer; Lufthansa drops Air Europa bid; NFL inks deal with ESPN; Claire's files bankruptcy amid retail struggles.

US Foods signaled interest in pursuing a strategic combination with Performance Food in recent months; however, any deal between the companies could face regulatory scrutiny, according to a Bloomberg News report.

PERFORMANCE FOOD GROUP CO (NYSE:PFGC) shows strong technicals and a high-quality setup, making it a potential breakout candidate. The stock has solid support and resistance levels with institutional interest.

Performance Food Group (NYSE:PFGC) posted Q3 FY25 revenue of $15.31B, up 10.5% YoY but missing the $15.40B estimate. Growth was fueled by acquisitions, including Cheney Bros, and higher case volumes. Adjusted EPS missed at $0.79 vs. $0.87 expected. Despite strong EBITDA growth of 20.1% to $385.1M, PFGC cut the top end of its FY25 sales outlook amid inflationary pressures and higher operating costs.

The US market session of Tuesday has yet to be opened, let's have a look at the top gainers and losers in the pre-market session today.