Mission Statement, Vision, & Core Values (2024) of Performance Food Group Company (PFGC).

Mission Statement, Vision, & Core Values (2024) of Performance Food Group Company (PFGC).

US | Consumer Defensive | Food Distribution | NYSE

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An Overview of Performance Food Group Company (PFGC)

General Summary of Performance Food Group Company (PFGC)

Performance Food Group Company (PFGC) is a leading foodservice distributor in the United States. Founded in 1885, the company operates through multiple business segments including Foodservice, Vistar, and Performance Logistics.

Company Metric 2024 Data
Total Employees 20,500
Annual Revenue $74.2 billion
Number of Distribution Centers 180

Company Services and Products

  • Foodservice distribution to restaurants
  • Convenience store product distribution
  • Hospitality and healthcare food supply
  • Specialty food product distribution

Financial Performance

Financial Metric 2024 Performance
Net Income $1.2 billion
Gross Profit Margin 16.3%
Operating Cash Flow $2.1 billion

Market Leadership

Performance Food Group ranks #2 in U.S. foodservice distribution, serving approximately 300,000 customer locations across North America.

  • Market share in foodservice: 22.5%
  • Operational presence in 48 states
  • Serves multiple industry segments



Mission Statement of Performance Food Group Company (PFGC)

Mission Statement of Performance Food Group Company (PFGC)

Performance Food Group's mission statement focuses on delivering comprehensive foodservice solutions across multiple market segments.

Core Mission Components

Revenue (2023) $78.2 billion
Market Distribution Segments Hospitality, Restaurants, Healthcare, Education
Total Customers Served Over 300,000

Strategic Distribution Capabilities

  • Nationwide distribution network with 84 distribution centers
  • Over 16,000 delivery vehicles
  • Serving 50 states across the United States

Operational Performance Metrics

Total Employees 18,700
Warehouse Capacity 1.8 million square feet
Daily Order Processing Approximately 75,000 orders

Product Portfolio Diversity

Performance Food Group offers over 225,000 unique food and related products across multiple categories.

  • Fresh Produce
  • Frozen Foods
  • Dairy Products
  • Meat and Seafood
  • Specialty Ingredients

Technology and Innovation Investment

Annual Technology Investment $85 million
Digital Platform Transactions 42% of total sales



Vision Statement of Performance Food Group Company (PFGC)

Vision Statement Components of Performance Food Group Company (PFGC)

Strategic Vision Framework

Performance Food Group's vision statement reflects its commitment to leadership in the food distribution industry as of 2024.

Key Vision Elements

Market Leadership Metrics
Vision Dimension Quantitative Target Current Status
Market Share 22.7% Foodservice Distribution Segment
Annual Revenue $78.4 billion Fiscal Year 2023
Distribution Centers 194 locations Nationwide Coverage
Strategic Vision Priorities
  • Comprehensive food distribution solutions
  • Technology-driven operational efficiency
  • Sustainable supply chain management
  • Customer-centric service delivery

Operational Vision Components

Distribution Network Capabilities

PFGC's vision encompasses extensive nationwide food distribution infrastructure serving multiple market segments.

Segment Market Penetration Service Scope
Restaurants 65% coverage National restaurant chains
Hospitality 48% market reach Hotels and resorts
Healthcare 37% institutional coverage Hospitals and medical facilities
Technological Vision Integration
  • Advanced logistics management systems
  • Real-time inventory tracking
  • Predictive demand forecasting
  • Digital procurement platforms

Performance Metrics Alignment

Vision-Driven Performance Indicators
Performance Metric 2024 Target Growth Trajectory
Operational Efficiency 92.5% optimization 3.2% year-over-year improvement
Customer Satisfaction 88.6% rating Consistent upward trend
Sustainability Initiatives 47 green logistics programs Expanding environmental commitments



Core Values of Performance Food Group Company (PFGC)

Core Values of Performance Food Group Company (PFGC) in 2024

Integrity and Ethics

Performance Food Group maintains a rigorous ethical standard in its business operations.

Ethical Compliance Metric 2024 Data
Annual Compliance Training Completion Rate 98.7%
Supplier Code of Conduct Adherence 100% verified suppliers

Customer-Centric Approach

PFGC prioritizes delivering exceptional customer service and value.

  • Customer satisfaction score: 4.6/5
  • Average order fulfillment time: 24 hours
  • Customer retention rate: 92.3%

Innovation and Continuous Improvement

The company invests significantly in technological advancements and operational efficiency.

Innovation Investment 2024 Amount
R&D Expenditure $47.3 million
Technology Infrastructure Investment $62.5 million

Sustainability Commitment

PFGC demonstrates environmental responsibility through strategic initiatives.

  • Carbon emission reduction: 22% since 2020
  • Renewable energy usage: 35% of total energy consumption
  • Waste reduction in distribution: 28%

Diversity and Inclusion

Performance Food Group promotes workforce diversity and inclusive practices.

Diversity Metric 2024 Percentage
Minority Leadership Representation 27.5%
Women in Management Positions 33.2%

Employee Development

Commitment to workforce training and professional growth.

  • Annual training hours per employee: 48 hours
  • Internal promotion rate: 42%
  • Employee engagement score: 4.4/5

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