性能食品集团股份有限公司2025年季度报告

Form10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedSeptember 27,2025 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto ___________ Commission File Number001-37578 Performance Food Group Company 43-1983182(IRS employeridentification number) Delaware(State or other jurisdiction ofincorporation or organization) 12500 West Creek ParkwayRichmond,Virginia23238(Address of principal executive offices) (804)484-7700(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was requiredto submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large Accelerated Filer☒Non-accelerated Filer☐Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ 156,812,138shares of common stock were outstanding as of October 29, 2025. TABLE OF CONTENTS Special Note Regarding Forward-Looking Statements3PART I - FINANCIAL INFORMATION5Item 1.Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations23Item 3.Quantitative and Qualitative Disclosures about Market Risk31Item 4.Controls and Procedures31PART II - OTHER INFORMATION32Item 1.Legal Proceedings32Item 1A.Risk Factors32Item 2.Unregistered Sales of Equity Securities and Use of Proceeds32Item 3.Defaults Upon Senior Securities32Item 4.Mine Safety Disclosures32Item 5.Other Information32Item 6.Exhibits33SIGNATURES34 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS In addition to historical information, this Quarterly Report on Form 10-Q (this “Form 10-Q”) may contain “forward-lookingstatements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21Eof the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which are subject to the “safe harbor” created by thosesections. All statements, other than statements of historical facts included in this Form 10-Q, including statements concerning ourplans, objectives, goals, beliefs, business strategies, future events, business conditions, our results of operations, financial position,our business outlook, business trends and other information, and integration of our acquisition of Cheney Bros., Inc. (the “CheneyBrothers Acquisition”), are forward-looking statements. Words such as “estimates,” “expects,” “contemplates,” “will,”“anticipates,” “projects,” “plans,” “intends,” “believes,” “forecasts,” “may,” “should” and variations of such words or similar expressions are intended to identify forward-looking statements. The forward-looking statements are not historical facts, and arebased upon our current expectations, beliefs, estimates and projections, and various assumptions, many of which, by their nature,are inherently uncertain and beyond our control. Our expectations, beliefs, estimates, and projections are expressed in good faithand we believe there is a reasonable basis for them. However, there can be no assurance that management’s expectations, beliefs,estimates and projections will result or be achieved, and actual results may vary materially from what is expressed in or indicatedby the forward-looking statements. There are a number of risks, uncertainties, and other important factors, many of which are beyond our control, that couldcause our actual results to differ materially from the forward-looking statements contained in this Form 10-Q. Such risks,uncertainties and other important factors that could cause actual results to differ include, among others, the risks, uncertainties andfactors set forth under Part I, Item 1A.Ris