David Flitman on organic growth
From US Foods CEO discusses the company's momentum and the role it plays in the foodservice industry · · New York Stock Exchange
“We had 7% organic growth and importantly all that translated to 177% EIT growth on the bottom line so we're winning on the top line, we're winning on the bottom line.”
On , David Flitman, Chief Executive Officer & Director at US FOODS HOLDING CORP, spoke about organic growth during US Foods CEO discusses the company's momentum and the role it plays in the foodservice industry on New York Stock Exchange.
About David Flitman
In September 2024, Flitman stated that US Foods had built "great momentum" as an organization, citing record results in the second quarter. He noted that the company had achieved nine consecutive quarters of market share gains in the independent restaurant segment, and reported 7% organic growth with 177% earnings before interest and taxes (EBIT) growth. Flitman described the company's strategy as resting on four pillars: culture, productivity and efficiency, growth, and profit. Flitman has also discussed his views on company culture. In a 2019 address, he said that culture is something a leader can influence even when they cannot influence every hiring decision. He outlined five tenets of his company's culture: safety as the top priority, integrity, customer priority, a commitment to continuous improvement ("be the best"), and valuing associates ("people count").