SYY Stock Recent News

HOUSTON, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Today, Sysco Corporation, the leading global foodservice distribution company, recalled frozen supplemental shakes linked to a Listeria monocytogenes outbreak and halted all purchases of other products supplied by Lyons Magnus from a Fort Wayne, Ind., facility.

Five of the ten lowest-priced Dividend Aristocrats - Franklin Resources, Realty Income, Amcor, Hormel, and Kenvue - are recommended buys, offering dividends exceeding their single share prices. Analysts project net gains of 15.84% to 46.98% by February 2025 for the Top Ten Aristocrat Dogs, with an average gain of 21.63%. Ten Aristocrats show negative free cash flow margins, making them unsafe buys; Federal Realty, Kenvue, and PepsiCo are among them.

The June/July 2024 Fortune Magazine revealed 500 biggest U.S. companies by revenue and profits. Arnold-research focused on January industry-leaders using YCharts 1/30/25 data for profits from 63. Those 63 Fortune 500 industry leaders (F500IL) were segmented into 21 business sectors ranging (alphabetically) from aerospace/defense to wholesalers. By yield, MO topped-all F500IL. Top-ten Yields from JNJ. SO, PEP, XOM, ADM, T, CVS, UPS, ET, and MO, averaged 4.67% in January.

Truist Securities analyst Jake Bartlett reiterated a Buy rating on the shares of Sysco Corp SYY and lowered the price forecast from $85 to $83.

Sysco Corporation (NYSE:SYY ) Q2 2025 Results Conference Call January 28, 2025 10:00 AM ET Company Participants Kevin Kim - Vice President of Investor Relations Kevin Hourican - Chairman and Chief Executive Officer Kenny Cheung - Chief Financial Officer Conference Call Participants Mark Carden - UBS Lauren Silberman - Deutsche Bank John Heinbockel - Guggenheim Securities Jeffrey Bernstein - Barclays John Ivankoe - JPMorgan Jake Bartlett - Truist Securities Edward Kelly - Wells Fargo Alex Slagle - Jefferies Operator Welcome to Sysco's Second Quarter Fiscal Year 2025 Conference Call. As a reminder, today's call is being recorded.

SYY's second-quarter results reflect solid performance across International, SYGMA and National sales businesses, along with efficient cost management.

Sysco (SYY -5.71%), a global leader in foodservice distribution, released its earnings report for its fiscal 2025 second quarter on Jan. 28. The company reported adjusted EPS of $0.93, slightly above analysts' consensus expectation of $0.92.

Although the revenue and EPS for Sysco (SYY) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Sysco (SYY) came out with quarterly earnings of $0.93 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.89 per share a year ago.

Packaged and fresh food supplier Sysco on Tuesday kept its full-year sales and profit forecasts unchanged despite beating estimates for second-quarter revenue, as a recovery in demand from restaurants remains uneven.