Performance Food Group tallies 2005 totals
Feb 7, 2006 9:11 AM, from staff and wire reports
Performance Food Group announced results for the fourth quarter and year ended Dec 31, 2005.
Consolidated net sales from continuing operations in the fourth quarter increased to $1.4 billion, a gain of about 7% over the year-earlier period. Net earnings from continuing operations for the 2005 fourth quarter rose about 235% to $12.9 million, compared with approximately $3.9 million in the prior-year quarter.
For the full year of 2005, consolidated net sales from continuing operations totaled $5.7 billion, an increase of roughly 11% from 2004. Net earnings from continuing operations for 2005 advanced about 57% to $41.8 million versus $26.6 million the year before.
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