Credit: Shutterstock photoThe second largest food distributor in the country, US Foods ( USFD ), filed for an IPO last week. When it goes public, it will join industry leader Sysco ( SYY ), which has rallied 10% since reporting better-than-expected earnings on February 1, and newly-public Performance Food Group ( PFGC ), which has performed well since its September 2015 IPO, closing about 17% above its offer price on Wednesday. Performance is among the only 27% of 2015 IPOs trading above the offering price.
The table below shows how US Foods stands up against its public peers:
The article The big three: US Foods compared to public peers Sysco and Performance Foods originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
