SYY Stock Recent News

Sysco is a reliable and rationally traded market leader in the foodservice industry, both domestically and internationally. The company continually invests in innovative initiatives like the SYGMA platform and Sysco To Go to address customer pain points. Sysco's main drawback is its vulnerability to earnings drawdowns during recessionary conditions, despite being a solid player in the consumer staples sector.

The May collection of Dividend Kings grew to 55, with Automatic Data Processing and RLI Corporation joining, despite two companies dropping off for not increasing dividends. Six top-yield Dividend Kings, including Altria and Canadian Utilities, are now fairly priced, with annual dividends from $1K investments exceeding their single-share prices. Analysts predict net gains of 14.7% to 56.86% for the top ten Dividend Kings by yield for the coming year, based on target prices. Among the 55 Dividend Kings, 16 show negative free cash flow margins, making them cash-poor and unsafe for investment.

Sysco Corporation (NYSE:SYY ) Q3 2025 Earnings Conference Call April 29, 2025 10:00 AM ET Company Participants Kevin Kim - VP, IR Kevin Hourican - Chairman and CEO Kenny Cheung - CFO Conference Call Participants Alex Slagle - Jefferies Mark Carden - UBS Jeff Bernstein - Barclays Edward Kelly - Wells Fargo Jake Bartlett - Truist John Heinbockel - Guggenheim Operator Welcome to Sysco's Third Quarter Finance Fiscal Year 2025 Conference Call. As a reminder, today's call is being recorded.

Sysco's fiscal third-quarter results show y/y sales growth. However, the company focuses on growth and plans significant shareholder returns.

The headline numbers for Sysco (SYY) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Sysco (SYY) came out with quarterly earnings of $0.96 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.96 per share a year ago.

HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week third fiscal quarter ended March 29, 2025. Key financial results for the third quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): Sales increased 1.1%; U.S. Foodservice volume decreased 2.0%; Gross profit decreased 0.8% to $3.6 billion; Operating income decreased 5.7% to $681 million, and adjusted operating income decreased 3.3% to $773 million1; Net earnings decreased 5.6% to $401 million, and adjusted net earnings decreased 2.9% to $469 million1; EBITDA decreased 2.5% to $910 million, and adjusted EBITDA decreased 0.8% to $969 million1, 2; EPS3 decreased 3.5% to $0.82, and adjusted EPS1 was $0.96, in-line with the same period last year; FY25 guidance now includes expected sales growth of approximately 3% and adjusted EPS growth of at least 1%1; and Remain on target to ret

HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a $0.03 increase in the quarterly cash dividend to $0.54 per share from the current $0.51 per share. The new dividend is payable for the first time on July 25, 2025, to common stockholders of record at the close of business on July 3, 2025.

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.

SYY's Q3 outlook reflects confidence in its top-line trajectory and disciplined execution across the organization to enhance profitability.