Second Largest Food Service Company US Foods Files For IPO

By Markets MarketWatch Pulse

US Foods Holdings Corp., one of the largest private companies in the U.S. with annual revenue of more than $20 billion, registered with the Securities and Exchange Commission for an initial public offering on Tuesday. The dollar amount and the number of shares have yet to be decided, but US Foods will list on the New York Stock Exchange under the symbol USFD. The company reported a loss of $72.9 million, or 16 cents a share, on revenue of $23 billion in 2014. US Foods said it is the second largest food service distributor in the country with a market share of 9% as of 2014.

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