Performance Food Group Company has been given a Buy rating by UBS due to its strong position in the food and foodservice distribution sector.

The company operates through three main segments: Foodservice, Vistar, and Convenience, serving a diverse range of customers including independent and multi-unit restaurant chains.

The Foodservice segment focuses on distributing various national brands, customer brands, and private label products. The Vistar segment specializes in the national distribution of candy, snacks, and beverages for vending machines and other retail channels. The Convenience segment expands its reach by supplying grocery stores with a variety of products, including food, beverages, and tobacco items.

With a wide portfolio of over 250,000 food and food-related products, Performance Food Group serves more than 300,000 customers across the United States from around 144 distribution facilities, solidifying its position as a significant player in the away-from-home foodservice industry.