Sysco Corp. (SYY) Tops Q3 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Sysco Delivers Strong Third Quarter Earnings
May 2, 2016 8:03 AM EDTSolid local case growth and expense management drives $60 million adjusted operating income improvement
HOUSTON, May 02, 2016 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week third fiscal quarter ended March 26, 2016.¹
Third Quarter Fiscal 2016 Highlights²
Sales increased 2.2% to $12.0 billion;Gross profit increased 4.1% to $2.1 billion; gross margin increased 34 basis points to 17.9%;Adjusted operating income increased 16.0% to $438 million; andAdjusted Earnings Per Share (EPS) increased $0.06 to... More