Food distributor Sysco keeps annual forecast intact as economic uncertainty looms

Core Viewpoint - Sysco has maintained its annual forecasts despite exceeding first-quarter estimates, indicating rising concerns regarding the effects of economic uncertainty on the food distributor's foodservice customers [1] Group 1: Financial Performance - Sysco reported better-than-expected first-quarter results, which suggests strong operational performance [1] - The company continues to project its annual forecasts, reflecting confidence in its business model despite external economic pressures [1] Group 2: Market Concerns - There are growing worries about the impact of economic uncertainty on Sysco's foodservice customers, which could affect future performance [1] - The maintenance of annual forecasts amidst these concerns highlights the company's cautious optimism in navigating potential market challenges [1]