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Stock impact report

Sysco Reports First Quarter Fiscal Year 2025 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, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week first fiscal quarter ended September 28, 2024. Key financial results for the first quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): Sales increased 4.4%; U.S. Foodservice volume increased 2.7%;Gross profit increased 2.9% to $3.8 billion;Operating income increased 0.5% to $808 million, and adjusted operating income increased 2.2% to $873 million1;EBITDA increased 3.4% to $1.0 billion, and adjusted EBITDA increased 4.4% to $1.1 billion1,2; andEPS3 remained flat at $0.99, compared to the same period last year, and adjusted EPS1 increased 1.9% to $1.09.Reiterating FY25 guidance, with sales growth of 4-5% and adjusted EPS growth of 6-7%. “Sysco’s financial performance for the quarter included top- and bottom-line growth, delivering sales growth across the USFS, Internationa Show less Read more
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