SYY Stock Recent News

Company highlights the strength of its industry-leading position and introduces three-year growth algorithm Company highlights the strength of its industry-leading position and introduces three-year growth algorithm

First new Sysco U.S. Broadline facility in over a decade will create nearly 250 jobs in the community First new Sysco U.S. Broadline facility in over a decade will create nearly 250 jobs in the community

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Sysco's (SYY) third-quarter fiscal 2024 results reflect gains from increased volumes and effective margin management in the U.S. Foodservice segment.

Sysco Corp (NYSE: SYY) is in the red at writing after coming in shy of Street estimates for revenue in its fiscal third quarter.  Sysco names Kevin Hourican its new chairman The food products company also said Edward Shirley – its chairman of the board is stepping down for health reasons.

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

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Sysco (SYY) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.90 per share a year ago.

Sysco (SYY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.