SYY Stock Recent News

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.

The article highlights 55 Dividend Kings, noting that five of the top ten by yield offer annual dividends from a $1K investment exceeding their single share prices. Analysts predict top-ten Kingly net gains ranging from 12.57% to 50.26% for March 2026, with six out of ten top-yield Kings expected to be top gainers. Sixteen out of fifty-five Kings show negative free cash flow margins, making them cash-poor and unsafe to buy; focus on safer Kings like Altria, United Bankshares, and Hormel.

Sysco Corporation SYY is currently trading at a discount to its historical and industry benchmarks. The SYY stock trades at a forward 12-month price-to-earnings ratio of 15.29, below its median level of 16.04 in the past year and lower than the industry's average of 16.22.

Trading in Sysco Corporation  SYY is quiet on Thursday. This comes after yesterday's rally of more than 3%.

Jenny Harrington, CEO at Gilman Hill Asset Management, joins CNBC's 'Halftime Report' to explain why she's buying more of the food delivery company.

**Investment Thesis**: Energy Transfer, Altria Group, and AT&T are the top 'safer' F500IL stocks, with dividends from $1K invested exceeding their single share prices. **Analyst Projections**: Brokers forecast net gains of 15.41% to 41.76% from the top ten F500IL dogs by March 2026. **Market Conditions**: A 76.02% market correction could make all top ten high-yield F500IL stocks fair-priced, with dividends from $1K invested meeting or exceeding share prices.