SYY's Q2 results are likely to reflect gains from Food-Away-From-Home sector along with improved efficiency and supply-chain productivity.
Get a deeper insight into the potential performance of Sysco (SYY) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Sysco (SYY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sysco is driven by focus a on operational excellence, strategic acquisitions and leadership in the Food-Away-From-Home sector.
SYY is enhancing operational efficiency and expanding via acquisitions, despite declining restaurant traffic and inflationary pressures.
Sysco, a Dividend King, is trading at historically low multiples, offering consistent growth, strong market leadership, and a robust competitive moat. The company is expanding market share, improving productivity, and benefiting from international growth, with significant operating leverage and disciplined cost management. Despite restaurant industry headwinds, Sysco's diverse customer base and strategic acquisitions support resilient growth and attractive shareholder returns.
Square has launched a partnership with foodservice distributor Sysco to provide restaurants with better technology. The collaboration, announced Wednesday (Dec. 18), makes Square a Sysco “Restaurant Solutions partner,” meaning that its technology suite will be promoted, co-marketed and sold to Sysco's customers.
Sysco Corporation (NYSE:SYY ) Company Conference Call December 3, 2024 8:00 AM ET Company Participants Kenny Cheung - Chief Financial Officer Kevin Kim - Vice President, Investor Relations Conference Call Participants Brian Harbour - Morgan Stanley Brian Harbour Morning guys, thanks for joining us right at 8:00 am here. I'm Brian Harbour, I cover the food distributors and the restaurant space at Morgan Stanley.
Sysco (SYY) reported earnings 30 days ago. What's next for the stock?
Sysco has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.7% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources.
SYY's Q1 2025 results reflect improved earnings and revenues. It projects a 4-5% increase in sales and 6-7% adjusted EPS growth for fiscal 2025.
Sysco Corporation (NYSE:SYY ) Q1 2025 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Kevin Kim - VP, IR Kevin Hourican - Chairman and CEO Kenny Cheung - CFO Conference Call Participants Kelly Bania - BMO Capital Alex Slagle - Jefferies John Ivankoe - JPMorgan Mark Carden - UBS John Heinbockel - Guggenheim Edward Kelly - Wells Fargo Brian Harbour - Morgan Stanley Jeffrey Bernstein - Barclays Operator Welcome to Sysco's First Quarter Fiscal Year 2025 Conference Call. As a reminder, today's call is being recorded.