Sysco Corp. (SYY) Tops Q3 EPS by 9c
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Sysco Reports Third Quarter Fiscal 2019 Results
May 6, 2019 8:01 AM EDTHOUSTON, May 06, 2019 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week third fiscal quarter ended March 30, 2019.
Third Quarter Fiscal 2019 Highlights
Sales increased 2.2% to $14.7 billionGross profit increased 2.9% to $2.8 billion; gross margin increased 14 basis pointsOperating income increased 9.8% to $529.6 million; adjusted¹ operating income increased 16.6% to $620.2 millionEPS increased $0.22 to $0.85; adjusted¹ EPS increased $0.12 to $0.79First 39 Weeks of Fiscal 2019 Highlights
Sales increased 2.8% to $44.6 billionGross profit increased 3.2% to $8.4 billion; gross margin increased 7 basis pointsOperating income decreased 1.3% to $1.6... MoreSysco Reports Third Quarter Fiscal 2019 Results
May 6, 2019 8:01 AM EDTHOUSTON, May 06, 2019 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week third fiscal quarter ended March 30, 2019.
Third Quarter Fiscal 2019 Highlights
Sales increased 2.2% to $14.7 billionGross profit increased 2.9% to $2.8 billion; gross margin increased 14 basis pointsOperating income increased 9.8% to $529.6 million; adjusted¹ operating income increased 16.6% to $620.2 millionEPS increased $0.22 to $0.85; adjusted¹ EPS increased $0.12 to $0.79First 39 Weeks of Fiscal 2019 Highlights
Sales increased 2.8% to $44.6 billionGross profit increased 3.2% to $8.4 billion; gross margin increased 7 basis pointsOperating income decreased 1.3% to $1.6... More