Sysco Corp. (SYY) Tops Q4 EPS by 1c

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Sysco Reports Record Sales for Fiscal 2015; Strong Fourth Quarter Performance

August 10, 2015 8:00 AM EDT

HOUSTON, Aug. 10, 2015 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced financial results for its fourth quarter and fiscal year ended June 27, 2015.*

Fourth Quarter Fiscal 2015 Highlights

Sales increased 0.9% to $12.4 billion; Gross profit increased 3.0% to $2.2 billion; gross margin increased 35 basis points to 17.9%; Adjusted operating income increased 5.8% to $509 million; and Adjusted EPS increased 6.1% to $0.52.

Fiscal 2015 Highlights

Sales increased 4.7% to $48.7 billion; Gross profit increased 4.5% to $8.6 billion; gross margin was flat at 17.6%; Adjusted operating income increased 3.4% to $1.8 billion; Adjusted... More