Just caught that Performance Food Group trimmed their full-year outlook despite raising Q3 expectations. Stock's getting hammered down 10% in pre-market, sitting around $87 now. So here's what happened - they're now guiding for full-year adjusted EBITDA between $1.875 to $1.975 billion, which is lower than the previous $1.9 to $2 billion range. Sales guidance also came down to $67.25-68.25 billion from $67.5-68.5 billion. For Q3 specifically though, they're actually looking solid with adjusted EBITDA expected to hit $390-410 million on $16-16.3 billion in sales. That's up from Q3 last year when EBITDA came in at $385.1 million. CEO Scott McPherson mentioned they're adjusting for recent market dynamics but still confident in the long-term strategy. Interesting that Q3 looks decent but they're pulling back the full-year numbers. Food service distribution sector seems to be dealing with some headwinds right now. Worth keeping an eye on how they execute in the coming quarters.

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