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Sysco (SYY) possesses solid growth attributes, which could help it handily outperform the market.
Sysco (SYY) is enhancing its efficiency through supply-chain productivity and structural cost-containment efforts. Its Recipe for Growth strategy is yielding favorably.
HOUSTON, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the 2023 Morgan Stanley Global Consumer & Retail Conference on Tuesday, December 5, at 8:00 a.m. ET.
Sysco Corporation gets a buy rating today, in line with the consensus from Wall Street and the SA quant system. Bullish sentiment is driven by low share price, earnings growth, 3-year dividend growth. Challenges include underperformance vs. the S&P500 index and an overvalued P/B ratio.
Start Time: 10:00 January 1, 0000 11:06 AM ET Sysco Corporation (NYSE:SYY ) Q1 2024 Earnings Conference Call October 31, 2023, 10:00 AM ET Company Participants Kevin Hourican - President and CEO Kenny Cheung - CFO Kevin Kim - VP of IR Conference Call Participants Edward Kelly - Wells Fargo Lauren Silberman - Deutsche Bank Joshua Long - Stephens Inc. Jeffrey Bernstein - Barclays Kelly Bania - BMO Capital Markets John Heinbockel - Guggenheim Securities Kendall Toscano - Bank of America Operator Welcome to Sysco's First Quarter Fiscal Year 2024 Conference Call. As a reminder, today's call is being recorded.
Sysco's (SYY) first-quarter results reflect sales and earnings growth due to higher volumes, robust margin management and efficient productivity enhancements.
Sysco's (SYY) first-quarter results are likely to reflect gains from the Recipe for Growth program amid soft industry volumes.
The most of the dividend aristocrats, or stocks that have increased their dividends annually for at least 25 consecutive years, are some of the highest-quality dividend stocks out there. However, the key word here is “most.
Sysco (SYY) benefits from its diversified business structure, strategic priorities and acquired assets. However, it has been subject to product cost inflation for a while now.
Sysco (SYY) breaks ground on a new 353,600-square-foot facility, Sysco Arizona East. Management expects to start construction this fall, with operations beginning in Spring 2025.