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US Foods’ Pronto Expansion: Can 47 Markets Unlock A Bigger Growth Runway?

US Foods Holding Corp. reported a solid performance for the first quarter of fiscal 2026, demonstrating resilience amid external headwinds including severe weather events, elevated fuel costs, geopolitical uncertainty related to the conflict in the Middle East, and depressed consumer sentiment. Net sales increased by 2.8% to $9.6 billion, underpinned by a 1.4% total case volume growth, including a notable 4.6% rise in independent restaurant volume, and growth in healthcare (3.7%) and hospitality (5%). Chain restaurant volume declined by 2.3%, aligning with broader industry foot traffic trends. The company achieved 15% adjusted diluted earnings per share growth and 6.2% adjusted EBITDA growth, despite weather-related disruptions that led to increased distribution center closure days and higher fuel expenses, which collectively reduced adjusted EBITDA growth by approximately 4 percentage points. Adjusted gross profit rose 4.4%, driven by volume growth and beneficial cost of goods sold initiatives. Gross profit per case improved 2.