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Stock impact report

Sysco Reports Fourth Quarter and Full Year 2019 Results

Sysco Corporation (SYY) 
Last sysco corporation earnings: 2/3 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.sysco.com
Company Research Source: GlobeNewswire
HOUSTON, Aug. 12, 2019 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week fourth fiscal quarter and its fiscal year ended June 29, 2019. Fourth Quarter Fiscal 2019 Highlights Sales increased 1.0% to $15.5 billionGross profit increased 2.1% to $3.0 billion; gross margin increased 21 basis pointsOperating income increased 5.4% to $720.5 million; adjusted¹ operating income increased 6.6% to $818.1 millionEPS increased $0.18 to $1.03; adjusted¹ EPS increased $0.16 to $1.10 Fiscal 2019 Highlights Sales increased 2.4% to $60.1 billionGross profit increased 2.9% to $11.4 billion; gross margin increased 10 basis pointsOperating income increased 0.7% to $2.3 billion; adjusted¹ operating income increased 7.9% to $2.7 billionEPS increased $0.50 to $3.20; adjusted¹ EPS increased $0.41 to $3.55 “Sysco saw improved year-over-year performance in the fourth quarter and fiscal year 2019,” said Tom Bené, Sysco’s chairman, president and chief execu Show less Read more
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