SysCO" SysCO" Fiscal Q1 2025 Earnings Results October 29, 2024 Forward-Looking Statements Statements made in this presentation that look forward in time or that express management's beliefs, expectations or hopes are forward-looking statements under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions that may cause actual resul ...

1 SYSCO REPORTS FIRST QUARTER FISCAL YEAR 2025 RESULTS HOUSTON, October 29, 2024 - Sysco Corporation (NYSE: SYY) ("Sysco" or the "company") today announced financial results for its 13-week first fiscal quarter ended September 28, 2024. Key financial results for the first quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): • Sales increased 4.4%; U.S. Foodservice volume increased 2.7%; • Gross profit increased 2.9% to $3.8 billion; • Operating income i ...

Analyst's Disclosure: I/we have a beneficial long position in the shares of MCD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The contents of this article, my previous articles, and my comments are for informational purposes only and may not be considered investment an ...

Sysco Corporation (SYY) is likely to register top-and-bottom-line growth when it reports first-quarter fiscal 2025 earnings on Oct. 29. The Zacks Consensus Estimate for net sales is pegged at $20.5 billion, suggesting an increase of 4.2% from the prior-year quarter. The consensus mark for fiscal first-quarter earnings has remained unchanged in the past 30 days at $1.14 per share, indicating growth of 6.5% from the figure reported in the year-ago quarter. SYY has a trailing four-quarter earnings surprise of ...

Wall Street analysts expect Sysco (SYY) to post quarterly earnings of $1.14 per share in its upcoming report, which indicates a year-over-year increase of 6.5%. Revenues are expected to be $20.45 billion, up 4.2% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company reveals its earnings, it is vital to take ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fi ...

HOUSTON, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, announced the nationwide launch of 19 innovative, labor-saving concepts available exclusively for Sysco customers through the company's Cutting Edge Solutions platform. "At Sysco, we know how crucial it is for chefs to have the right tools at their disposal. That's why Sysco's culinary and merchandising teams have helped curate a selection of exclusive, new, chef-tested products designed to ...

Sysco Corporation (SYY) , a global leader in foodservice distribution, continues to adapt and grow despite industry challenges. While restaurant traffic has declined, SYY leveraged its operational efficiency and customer-focused strategy to maintain a competitive edge. Through the Recipe for Growth plan, the company is on track to deliver long-term success, even in a shifting economic environment. Operational Efficiency Drives Sysco's Resilience Sysco's ability to focus on operational efficiency has been a ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Sysco (SYY) . This company, which is in the Zacks Food - Miscellaneous industry, shows potential for another earnings beat. When looking at the last two reports, this food distributor has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 0.89%, on average, in the last two quarters. ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is m ...