NewsHK
Against a backdrop of food inflation and fuel price volatility, grocery distribution is rewarding operators who compress costs rather than chase volume.
reported 27% full-year adjusted EBITDA growth for fiscal 2026 even as reported sales declined, with management attributing the divergence to a deliberate network optimization program rather than any weakening of underlying demand.
The top-line decline reflected two quantified drags.
A 500 basis point headwind came from exiting less efficient facilities, including the consolidation of the Racine facility into an automated Joliet distribution center.
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