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US . FOODS NEWS RELEASE US Foods Reports Third Quarter Fiscal 2021 Earnings 2021-11-08 ROSEMONT , III .-- ( BUSINESS WIRE ) -- US Foods Holding Corp. ( NYSE : USFD ) , one of the largest foodservice distributors in the United States , today announced results for the third quarter of fiscal 2021. In this press release for year to date results , we refer to certain organic financial results which exclude contributions from Smart Foodservice through April 23 , 2021. Smart Foodservice was acquired on April 24 , 2020 . Third Quarter Fiscal 2021 Highlights • Total case volume increased 18.5 % ; independent restaurant case volume increased 25.1 % • Net sales increased 34.9 % to $ 7.9 billion • Gross profit increased 27.4 % to $ 1.2 billion • Net income available to common shareholders was $ 55 million • Adjusted EBITDA increased 39.2 % to $ 291 million • Diluted EPS was $ 0.24 ; Adjusted Diluted EPS was $ 0.48 Nine Month Fiscal 2021 Highlights • Total case volume increased 20.8 % ; independent restaurant case volume increased 33.5 % • Total organic case volume increased 17.8 % ; organic independent restaurant case volume increased 29.4 % • Net sales increased 30.5 % to $ 21.8 billion • Gross profit increased 25.9 % to $ 3.4 billion • Net income available to common shareholders was $ 62 million • Adjusted EBITDA increased 67.7 % to $ 795 million • Diluted EPS was $ 0.28 ; Adjusted Diluted EPS was $ 1.17 CEO Perspective 1