Sysco Shares Close Down 6% After 2Q Earnings Miss
Sysco's profit fell to $406 million, down from $415.2 million in the year-earlier period. Product costs rose 2.1% from a year ago due to the rising cost of dairy and poultry, the company said. Operating expenses increased 4.4%.
Sysco: Fiscal Q2 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Sysco Corp. (SYY) on Tuesday reported fiscal second-quarter earnings of $406 million. The Houston-based company said it had profit of 82 cents per share. Earnings, adjusted for one-time gains and costs, came to 93 cents per share.
Sysco Corp. Q2 Profit Inline With Estimates
Sysco Corp. (SYY) reported a profit for second quarter in line with the Street estimates. The company's bottom line came in at $406
Sysco 2Q Earnings Drop as Dairy and Poultry Prices Pressure Expenses
Sysco's earnings fell in the second quarter even while sales rose, as dairy and poultry prices drove up the food distributor's expenses.
Sysco Corporation (SYY) Q2 2025 Earnings Call Transcript
Welcome to Sysco's Second Quarter Fiscal Year 2025 Conference Call. As a reminder, today's call is being recorded. We will begin with opening remarks and introductions. I would now like to turn the call over to Kevin Kim,
Sysco's Q2 Earnings Meet Estimates, Share Buyback Program Gets a Boost
Sysco Corporation SYY delivered second-quarter fiscal 2025 results, wherein both top and bottom lines increased year over year. Sales beat the Zacks Consensus Estimate. Find the latest EPS estimates and surprises on Zacks Earnings Calendar Sysco witnessed solid performance across International,
Food supplier Sysco keeps full-year forecasts unchanged despite quarterly beat
Packaged and fresh food supplier Sysco on Tuesday kept its full-year sales and profit forecasts unchanged despite beating ...
Strike looms as Houston's Sysco workers head back to bargaining table
Houston's union workers employed by major food distributor, Sysco, are poised to strike. Members of local Teamsters union number 988 head to the bargaining table on Jan. 17, just ahead of the contract ...
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Sysco earnings increase, restaurant expansions mark positive signs for US foodservice
Houston, Texas, U.S.A.-based food distribution firm Sysco recently reported an increase in global sales to USD 20.2 billion (EUR 19 billion) in its second fiscal quarter of 2025, a 4.5 percent ...
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Teamsters Strike at Sysco Looms Closer
Teamsters Local 988, in Houston, TX, are readying themselves for a strike against Sysco, their employer. The workers deliver food and other products to schools, hospitals, and major restaurants. They ...
Sysco beats FQ2 earnings estimates, boosts buyback firepower
Looking ahead, Sysco ( NYSE: SYY) reaffirmed guidance for FY25 revenue growth of 4% to 5% and FY25 EPS guidance growth of 6% ...
Sysco Reports Second Quarter Fiscal Year 2025 Results
Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week second fiscal quarter ended December 28, 2024. Key financial results for the second quarter ...
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Sysco Offers Houston Colleagues Unprecedented Wage Increases, Improved Benefits and More Time Off, Teamsters’ Strike Call Harms Our Colleagues
HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, called on the International Brotherhood of Teamsters (IBT ...