Sysco Reports Third Quarter Operating Income and EPS Growth
Sysco Corporation (SYY)
Last sysco corporation earnings: 2/3 08:00 am
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US:NYSE Investor Relations:
investors.sysco.com
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Source: GlobeNewswire
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week third fiscal quarter ended March 30, 2024. Key financial results for the third quarter of fiscal year 2024 include the following (comparisons are to the same period in fiscal year 2023): Sales increased 2.7%; U.S. Foodservice volume increased 2.9%; U.S. local volumes grew 0.4%;Gross profit increased 5.2% to $3.6 billion;Operating income increased 3.8% to $722.0 million, and adjusted1 operating income increased 8.4% to $799.3 million;EBITDA increased 5.4% to $933.0 million, and adjusted EBITDA increased 8.5% to $976.6 million2;EPS3 increased 1.2% to $0.85, compared to $0.84 in the same period last year, and adjusted1 EPS increased 6.7% to $0.96;Raising cost-out targets from $100 million to $120 million for fiscal year 2024; andSysco returned approximately $753 million of capital to shareholders via $500 million of share repurchases a
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SYY
Earnings
- 4/30/24 - Beat
SYY
Sec Filings
- 5/1/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/30/24 - Form 8-K
- SYY's page on the SEC website