NYSE:SYY - New York Stock Exchange, Inc. - US8718291078 - Common Stock - Currency: USD
HOUSTON, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Today, Sysco Corporation, the leading global foodservice distribution company, recalled frozen supplemental...
Sysco Corp's second-quarter earnings showed slight misses in adjusted EBITDA, totaling $969 million, and a minor decline in case growth for US Foodservice. Despite challenges, a lower tax rate contributed to EPS of $0.93.
Strong international growth helped the foodservice industry giant top Wall Street's expectations, but its U.S. operations faced pressures.
Sales in the company's food service business in the U.S., which caters to offices, amusement parks, casinos, bowling alleys and movie theaters, rose 4.1% in the quarter ended Dec. 28 from a year ago, slower than the 4.6% year-on-year increase in the prior quarter. Higher costs of products such as dairy and poultry have also pressured Sysco's quarterly margins, leading to a 11-basis-point decrease to 18.1% in the second quarter. Sysco is a distributor of a range of food items from meats and fresh produce to frozen foods and baked goods.
HOUSTON, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week...
In trading on Monday, shares of Sysco crossed above their 200 day moving average of $75.30, changing hands as high as $76.50 per share.
Sysco (SYY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Teamsters have not been serious about reaching an agreement, Sysco calls on union to reach an agreement to avoid strikes that harm colleagues and the community