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Sysco's (SYY) Operational Efficiency Aids Amid Soft Traffic
zacks.com· 2024-05-24 23:26
Sysco Corporation (SYY) continues to thrive in the growing food-away-from-home industry. Emphasizing efficiency improvements through supply-chain productivity and prudent cost containment, the company demonstrated strong discipline and adaptability by navigating a soft customer environment in the third quarter of fiscal 2024.Key UpsidesSysco has been focused on enhancing efficiency through supply-chain productivity and structural cost-containment efforts. Despite witnessing slow restaurant traffic and soft ...
Sysco (SYY) Advances Growth Initiatives, Sets Financial Targets
zacks.com· 2024-05-23 23:51
Sysco Corporation (SYY) offered insights into its ongoing endeavors to enhance core performance and advance the Recipe for Growth strategy, aimed at sustaining growth. Introduced three years ago, this strategy focuses on fostering market expansion across five pivotal pillars — Digital, Products and Solutions, Supply Chain, Customer Teams and Future Horizons.The leading foodservice distributor also outlined detailed financial growth targets for the next three fiscal years, emphasizing sustainable growth, ope ...
Sysco Defines Plans at 2024 Investor Day to Improve Core Performance, Advance Recipe for Growth Strategy, Increase Shareholder Value
Newsfilter· 2024-05-23 04:30
HOUSTON, May 22, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest foodservice distributor, hosted its 2024 Investor Day at the New York Stock Exchange (NYSE) to present an update on the company's growth strategy and highlight initiatives that improve how the company serves its customers while delivering consistent financial performance. Kevin Hourican, Sysco's Chair of the Board and CEO, and other senior executives discussed how the company is driving core business performan ...
Sysco Defines Plans at 2024 Investor Day to Improve Core Performance, Advance Recipe for Growth Strategy, Increase Shareholder Value
globenewswire.com· 2024-05-23 04:30
HOUSTON, May 22, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world’s largest foodservice distributor, hosted its 2024 Investor Day at the New York Stock Exchange (NYSE) to present an update on the company’s growth strategy and highlight initiatives that improve how the company serves its customers while delivering consistent financial performance. Kevin Hourican, Sysco’s Chair of the Board and CEO, and other senior executives discussed how the company is driving core business performan ...
Sysco(SYY) - 2024 Q3 - Quarterly Report
2024-05-01 06:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-6544 ________________ Sysco Corporation (Exact name of registrant as specified in its charter) Delaware 74-1648137 (State or other jurisdiction of ...
Sysco(SYY) - 2024 Q3 - Earnings Call Transcript
2024-05-01 01:52
Call Start: 10:00 January 1, 0000 11:04 AM ET Sysco Corporation (NYSE:SYY) Q3 2024 Earnings Conference Call April 30, 2024, 10:00 am ET Company Participants Kevin Kim - VP, IR Kevin Hourican - President & CEO Kenny Cheung - EVP & CFO Conference Call Participants Alex Slagle - Jefferies John Heinbockel - Guggenheim Securities Mark Carden - UBS Jake Bartlett - Truist Securities Edward Kelly - Wells Fargo Kelly Bania - BMO Capital Markets Jeffrey Bernstein - Barclays Kendall Toscano - Bank of America Operator ...
Sysco(SYY) - 2024 Q3 - Earnings Call Presentation
2024-04-30 22:16
April 30, 2024 Sysco Fiscal Q3 2024 ...
Sysco(SYY) - 2024 Q3 - Quarterly Results
2024-04-30 20:09
销售情况 - 第三季度销售增长2.7%,美国食品服务销量增长2.9%[2] - 国际食品服务销售增长4.5%至35亿美元[16] - 公司在2024财年的净收入为14.74亿美元,同比增长8.3%[51] - 公司2024财年总销售额为193.8亿美元,同比增长2.7%[55] - Sysco公司在39周期内的总销售额达到了58,287,896美元,同比增长3.0%[58] 财务表现 - 调整后的运营收入增长8.4%至7.993亿美元[2] - 现金余额为5.983亿美元[22] - 现金流为14亿美元,较去年同期减少5,260万美元[24] - 前39周的自由现金流为8.637亿美元,较去年同期减少1,159万美元[26] - 公司在2024财年的每股稀释收益为2.92美元,同比增长9.4%[51] 利润情况 - Sysco公司2024年第一季度净利润为42.47亿美元,同比增长-1.16%[38] - Sysco Corporation 2024年第一季度净利润为42.47亿美元,同比下降1.1%[46] - Sysco Corporation 2024年第一季度净利润为22.26亿美元,同比增长7.3%[50] - 2024年前三季度净利润为1,343,322美元,较上年同期增长29.6%[65] 负债情况 - Sysco公司2024年净债务调整后EBITDA比率为2.81[68] 支出情况 - 2024年第一季度利息支出为157,853美元,较上年同期增长17.0%[63] - 2024年前三季度所得税支出为418,217美元,较上年同期增长43.7%[65]
Sysco(SYY) - 2024 Q2 - Quarterly Report
2024-01-31 07:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-6544 ________________ Sysco Corporation (Exact name of registrant as specified in its charter) Delaware 74-1648137 (State or other jurisdiction ...
Sysco(SYY) - 2024 Q2 - Earnings Call Transcript
2024-01-31 00:29
Sysco Corporation (NYSE:SYY) Q2 2024 Earnings Conference Call January 30, 2024 10:00 AM ET Company Participants Kevin Kim - Vice President, Investor Relations Kevin Hourican - President & Chief Executive Officer Kenny Cheung - Chief Financial Officer Conference Call Participants Jeff Bernstein - Barclays Mark Carden - UBS John Heinbockel - Guggenheim Securities Edward Kelly - Wells Fargo Joshua Long - Stephens Kendall Toscano - Bank of America John Ivankoe - JPMorgan Alex Slagle - Jefferies Jake Bartlett - ...