Sysco Corporation (SYY) Q4 2024 Earnings Call Transcript
Sysco Corporation (NYSE:SYY ) Q4 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Kevin Kim - VP, IR Kevin Hourican - Chairman and CEO Kenny Cheung - CFO Conference Call Participants Mark Carden - UBS Lauren Silberman - Deutsche Bank Jake Bartlett - Truist Securities John Heinbockel - Guggenheim Brian Harbour - Morgan Stanley Kendall Toscano - Bank of America Operator Welcome to Sysco's Fourth Quarter Fiscal Year 2024 Conference Call. As a reminder, today's call is being recorded.
Sysco (SYY) Shares Rise on Q4 Earnings Beat & Revenue Growth
Sysco's (SYY) fourth-quarter fiscal 2024 results reflect improved earnings and revenues. The company witnesses positive operating leverage for the seventh consecutive time.
Here's Why Sysco (SYY) is a Strong Value Stock
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Sysco (SYY) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Sysco (SYY) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Sysco (SYY) Q4 Earnings and Revenues Beat Estimates
Sysco (SYY) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.34 per share a year ago.
Gear Up for Sysco (SYY) Q4 Earnings: Wall Street Estimates for Key Metrics
Evaluate the expected performance of Sysco (SYY) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Sysco's (SYY) Q4 Earnings in the Cards: Key Things to Note
Sysco's (SYY) Q4 results are likely to reflect gains from the company's efforts to enhance volumes and improve efficiency through supply-chain productivity and cost-containment efforts.
Sysco (SYY) Earnings Expected to Grow: Should You Buy?
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.
Why Sysco (SYY) is Poised to Beat Earnings Estimates Again
Sysco (SYY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Sysco: Bargain Priced Dividend Aristocrat With Long-Term Growth Potential - Strong Buy
With the resurgence of M&A activity in the food distribution industry, Sysco is poised to be one of the biggest beneficiaries. Sysco's extensive scale advantages and robust financial position uniquely position them for sustained long-term growth. Dividend stocks, while underappreciated now, will likely gain significant traction as interest rates come down.
Sysco: Buy On Robust Dining Out Demand
Sysco specialises in food distribution. Its past financial results have shown robust top-line growth and expanding profit margins in recent years. SYY's total addressable market has been consistently growing since 2000. After the decline in 2020 due to the impact of COVID-19, it has shown a strong recovery. In addition, the US foodservice industry is expected to continue to grow, but at a normalised rate.
Why Sysco (SYY) is a Top Growth Stock for the Long-Term
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