Sysco (SYY) Q3 2025 Earnings Call April 29, 2025 03:29 PM ET Speaker0 Welcome to Sysco's Third Quarter Finance Fiscal Year twenty twenty five Conference Call. As a reminder, today's call is being recorded. We will begin with opening remarks and introductions. I would like to now turn the call over to Kevin Kim, Vice President of Investor Relations. Please go ahead. Speaker1 Good morning, everyone, and welcome to Sysco's third quarter fiscal year twenty twenty five earnings call. On today's call, we have Kev ...

Sysco Corporation (SYY) has delivered third-quarter fiscal 2025 results, wherein the top line increased and the bottom line remained flat year over year. Both sales and earnings lagged the Zacks Consensus Estimate.Sysco’s fiscal third-quarter results were impacted by external factors such as wildfires, adverse weather and softening consumer confidence, all of which weighed on restaurant foot traffic and led to results falling short of internal expectations. In response, the company is making progress on key ...

Core Viewpoint - Sysco reported quarterly earnings of $0.96 per share, missing the Zacks Consensus Estimate of $1.03 per share, representing an earnings surprise of -6.80% [1][2] Financial Performance - Sysco's revenues for the quarter ended March 2025 were $19.6 billion, missing the Zacks Consensus Estimate by 1.86%, compared to $19.38 billion in the same quarter last year [2] - Over the last four quarters, Sysco has surpassed consensus EPS estimates only once and has topped consensus revenue estimates three times [2] Stock Performance - Sysco shares have declined approximately 7.9% since the beginning of the year, while the S&P 500 has decreased by 6% [3] - The current Zacks Rank for Sysco is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.50 on revenues of $21.26 billion, and for the current fiscal year, it is $4.56 on revenues of $81.86 billion [7] - The trend of estimate revisions for Sysco is mixed, which could change following the recent earnings report [6] Industry Context - The Zacks Industry Rank for Food - Miscellaneous is in the top 34% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]

https://files.reportify.cc/media/production/SYY1da7c26fb2e62f4a9cc2d2a74616c560.jpg SYSCO REPORTS THIRD QUARTER FISCAL YEAR 2025 RESULTS HOUSTON, April 29, 2025 - 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): "Sysco's Q3 results were negatively impacted by multipl ...

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): "Sysco's Q3 results were negatively impacted by multiple factors: California wildfires, significantly adverse weather, and more recently, weakening consumer confidence. Each ...

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. "The Board's decision to increase the dividend by 6% reflects Sysco's continued commitment to maintaining a healthy dividend payout ratio of ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Sysco (SYY) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 29, 2025, might help the stock move higher if these key numbers are better than expectations ...

Sysco Corporation (SYY) is likely to register top and bottom-line growth when it reports third-quarter fiscal 2025 earnings on April 29. The Zacks Consensus Estimate for net sales is pegged at almost $20 billion, suggesting an increase of 3% from the prior-year quarter’s actual. The consensus mark for fiscal third-quarter earnings has moved down by 1 cent in the past 30 days to $1.03 per share, indicating growth of 7.3% from the year-ago quarter’s reported figure. SYY has a negative trailing four-quarter ea ...

Group 1 - Sysco Corporation has announced a partnership with the MICHELIN Guide, becoming the official wholesale food distributor for the prestigious culinary event [1][2] - The collaboration will be celebrated at the 2025 MICHELIN Guide Florida Ceremony in Orlando on April 17, showcasing Sysco's high-quality products and culinary expertise [2][3] - Sysco aims to support chefs with top-quality ingredients and resources, enhancing the dining experience in Florida's dynamic restaurant scene [3][4] Group 2 - Sysco is the global leader in food distribution, operating 340 distribution centers across over 10 countries and serving approximately 730,000 customer locations [6][7] - The company generated sales exceeding $78 billion in fiscal year 2024, indicating its significant market presence and operational scale [6] - Sysco offers customized supply chain solutions and culinary support, helping customers innovate and optimize their operations in the food service industry [7]

HOUSTON, April 08, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its third quarter fiscal year 2025 financial results at 10 a.m. EDT on Tuesday, April 29, 2025. All interested parties are invited to listen online at investors.sysco.com. Prior to the conference call and webcast, the company will also issue a news release and post a slide presentation in the investor relations section of its website. A replay of the webcast will be available online sh ...