PFG registers solid gains in 4Q, 2006

Performance Food Group has announced results for the fourth quarter and fiscal year ended Dec 30, 2006.

Consolidated net sales from continuing operations in the fourth quarter were approximately $1.5 billion, an increase of about 3% compared with the prior-year quarter. Net earnings from continuing operations in the fourth quarter amounted to around $12.9 million, which was unchanged versus the same quarter in 2005.

For the full year 2006, consolidated net sales from continuing operations were about $5.8 billion, an increase of approximately 2% from the 2005 period. Net earnings from continuing operations for the full year increased about 3% to around $42.9 million compared with approximately $41.8 million the year before.