Performance Food Reports Q2 Earnings Below Expectations: PFGC

[Para 1: The Lead] Performance Food Group Co. (PFGC), based in Richmond, Virginia, reported a fiscal second-quarter net income of $61.7 million, or 39 cents per share, significantly below Wall Street expectations of $1.07 per share. The company's revenue of $16.44 billion also fell short of forecasts at $16.56 billion. [Para 2-3: Supporting details & Context] Adjusted for one-time gains and costs, Performance Food's earnings were 98 cents per share. For the current quarter ending March, the company expects revenue between $16 billion and $16.3 billion. Full-year revenue is forecasted between $67.25 billion and $68.25 billion, reflecting cautious growth projections amidst market volatility.