Sysco Corp. (SYY) Tops Q3 EPS by 1c

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Sysco Reports Third Quarter Operating Income and EPS Growth

April 30, 2024 8:00 AM EDT

HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (Sysco or the company) today announced financial results for its 13-week third fiscal quarter ended March 30, 2024.

Key financial results for the third quarter of fiscal year 2024 include the following (comparisons are to the same period in fiscal year 2023):

Sales increased 2.7%; U.S. Foodservice volume increased 2.9%; U.S. local volumes grew 0.4%;Gross profit increased 5.2% to $3.6 billion;Operating income increased 3.8% to $722.0 million, and adjusted1 operating income increased... More