UPDATE: Sysco Corp. (SYY) Misses Q3 EPS by 1c; Issues Update on Pending US Foods Merger

Sysco Corp. (NYSE: SYY) reported Q3 EPS of $0.40, $0.01 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $11.75 billion versus the consensus estimate of $11.98 billion.

Update on Pending US Foods Merger

A hearing on the Federal Trade Commission's motion for a preliminary injunction is scheduled to begin May 5 in the U.S. District Court for the District of Columbia. The Company believes the completion of its pending merger with US Foods will ultimately help it provide better service to its customers at a lower cost by becoming more efficient, innovative and competitive.

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

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