US Foods CEO John Lederer Stays Positive As the Company's Q4 2014 Comes to a Soft Close
SEAFOODNEWS.COM [AndNowYouKnow] by Melissa De Leon - March 24, 2015 -
ROSEMONT, IL - As a company sitting in limbo waiting to be sold to Sysco, US Foods is “managing fairly well” as it releases its quarterly report for the fourth quarter of its 2014 fiscal year.
"On the whole we're in a very good position given the situation that surrounds us," President and CEO John Lederer said on a quarterly call Friday.
Highlights for US Foods' Q4 2014 included a sales increase of 3.7%, and cases decreased 1.8%. For the fiscal year, sales increased 3.2%, and cases decreased 1.2%. Net loss was $73 million.
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