(Aug. 7) Performance Food Group exceeded its expectations for the second quarter despite high inflation in its broadline segment.

President and chief executive officer Steve Spinner had said in a May 8 conference call that he expected second quarter growth to be “relatively flat” because of several factors, including a strong second quarter last year. However, the Richmond, Va.-based company reported Aug. 7 that net sales in the second quarter were $1.6 billion, an 8.1% increase compared to the same time last year.

Net earnings were $13.1 million, a 7.5% increase from the year ago period. Net earnings per share increased two cents, to 37 cents.

Spinner said inflation was 4.3% in the quarter. The company’s broadline business faced 7.1% inflation, primarily because of the affects of increased corn costs on the dairy, meat and poultry industries.

For the six-month period, net sales increased 6.1% to $3.1 billion, while net earnings increased 11.8% to 20 million. Net earnings per share also increased 11.8% to 57 cents.

Spinner said Performance Food Group, which is the third-largest foodservice distributor in the U.S., had not been affected by the May sale of Columbia, Md.-based U.S. Foodservice.