Sysco Corp. (SYY) Tops Q4 EPS by 3c

Sysco Corp. (NYSE: SYY) reported Q4 EPS of $0.64, $0.03 better than the analyst estimate of $0.61. Revenue for the quarter came in at $13.6 billion versus the consensus estimate of $13.68 billion.

“I am very pleased with our performance during fiscal 2016, as we made significant progress toward our three-year plan financial objectives. During the year, we had strong local case growth, improved our gross profit, managed expenses well and drove increased operating income,” said Bill DeLaney, Sysco’s chief executive officer. “Looking forward, we remain highly focused on supporting the success of our customers, profitably growing our business and achieving the objectives of our three-year plan.”

For earnings history and earnings-related data on Sysco Corp. (SYY) click here.

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