Performance Food Group Co
For the period ended Jun 29, 2024. Filed Aug 14, 2024.
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FY2024 · Filed Aug 14, 2024
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Item 2. Properties
As of June 29, 2024, we operated 144 distribution centers across our three reportable segments. Of our 144 facilities, we owned 62 facilities and leased the remaining 82 facilities. Our Foodservice segment operated 78 distribution centers, our Vistar segment operated 27 distribution centers, and our Convenience segment operated 39 distribution centers, all of which had an average square footage of approximately 200,000 square feet per facility.
| Location | Foodservice | Vistar | Convenience | Total |
|---|---|---|---|---|
| Alabama | 1 | — | — | 1 |
| Arkansas | 1 | — | 1 | 2 |
| Arizona | 1 | 1 | — | 2 |
| California | 4 | 3 | 5 | 12 |
| Colorado | 1 | 1 | 1 | 3 |
| Connecticut | — | 1 | — | 1 |
| Florida | 6 | 1 | 2 | 9 |
| Georgia | 3 | 1 | 2 | 6 |
| Iowa | 1 | — | 1 | 2 |
| Illinois | 2 | 1 | 1 | 4 |
| Indiana | 1 | 1 | 1 | 3 |
| Kentucky | 3 | 1 | 2 | 6 |
| Louisiana | 3 | — | — | 3 |
| Massachusetts | 3 | 1 | 2 | 6 |
| Maryland | 2 | — | — | 2 |
| Maine | 1 | — | 1 | 2 |
| Michigan | 1 | 1 | 1 | 3 |
| Minnesota | 3 | 1 | 1 | 5 |
| Missouri | 4 | 1 | — | 5 |
| Mississippi | 4 | 1 | — | 5 |
| North Carolina | 1 | 1 | 2 | 4 |
| Nebraska | 1 | — | — | 1 |
| New Jersey | 3 | 2 | — | 5 |
| New Mexico | — | — | 2 | 2 |
| Nevada | — | 1 | 1 | 2 |
| Ohio | 3 | 1 | 2 | 6 |
| Oregon | 1 | 1 | 1 | 3 |
| Pennsylvania | 2 | 1 | 2 | 5 |
| South Carolina | 3 | — | — | 3 |
| Tennessee | 5 | 1 | — | 6 |
| Texas | 5 | 2 | 1 | 8 |
| Utah | — | — | 1 | 1 |
| Virginia | 4 | — | — | 4 |
| Vermont | 2 | — | — | 2 |
| Washington | — | — | 1 | 1 |
| Wisconsin | 3 | 1 | 1 | 5 |
| Canada | — | — | 4 | 4 |
| Total | 78 | 27 | 39 | 144 |
Our Foodservice “broad-line” customers are generally located no more than 200 miles from one of our distribution facilities, and national chain customers are generally located no more than 450 miles from one of our distribution facilities. Of the 78 Foodservice distribution centers, 9 have meat cutting operations that provide custom-cut meat products and one has seafood processing operations that provide custom-cut and packed seafood to our customers and our other distribution centers. The Convenience segment operates two additional facilities as a third-party logistics provider dedicated solely to supporting the logistics and management requirements of one of our customers. These distribution facilities are located in Arizona and Texas.
Customer orders are typically assembled in our distribution facilities and then sorted, placed on pallets, and loaded onto trucks and trailers in delivery sequence. Deliveries are generally made in large tractor-trailers that we usually lease. We use integrated computer systems to design and track efficient route sequences for the delivery of our products.
Our properties also include a combined headquarters facility for our corporate offices and the Foodservice segment that is located in Richmond, Virginia; a combined support service center and headquarters facility for Vistar that is located in Englewood, Colorado; headquarters for Convenience located in Westlake, Texas; locations to support Other segment operations; and other support service centers and corporate offices located in North America.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.