07:41 AM EDT, 05/09/2024 (MT Newswires) -- US Foods Holding ( USFD ) reported Q1 adjusted earnings Thursday of $0.54 per diluted share, up from $0.50 a year earlier.

Analysts polled by Capital IQ expected $0.54.

Net sales for the quarter ended March 30 were $8.95 billion, up from $8.54 billion a year earlier.

Analysts surveyed by Capital IQ expected $8.90 billion.

For fiscal 2024, the company said it continues to expect adjusted diluted EPS in the range of $3 to $3.20. Analysts polled by Capital IQ expect $3.11. Net sales are still expected to be in the range of $37.50 billion to $38.50 billion. Analysts surveyed by Capital IQ expect $37.79 billion.

Shares of the company were up 1.4% in recent Thursday premarket activity.

Price: 53.10, Change: +0.72, Percent Change: +1.37