Performance Food Group and US Foods End Merger Talks, Creating Largest Domestic Foodservice Company and One of the Nation's Largest Private Fleets

Performance Food Group and US Foods have ended merger talks to create the largest domestic foodservice company. The combination would have generated $100 billion in annual net sales and created the biggest private fleet in the US. Both companies will continue to operate independently, with Performance Food Group reaffirming its full-year fiscal 2026 guidance and US Foods reiterating its fiscal 2025 outlook and announcing a new $1 billion share repurchase agreement.