Sysco (SYY) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Sysco (SYY) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sysco (SYY) Q2 Earnings Match Estimates
Sysco (SYY) came out with quarterly earnings of $0.93 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.89 per share a year ago.
Food supplier Sysco keeps full-year forecasts unchanged despite quarterly beat
Packaged and fresh food supplier Sysco on Tuesday kept its full-year sales and profit forecasts unchanged despite beating estimates for second-quarter revenue, as a recovery in demand from restaurants remains uneven.
Sysco Shares Cross Above 200 DMA
In trading on Monday, shares of Sysco crossed above their 200 day moving average of $75.30, changing hands as high as $76.50 per share. Sysco shares are currently trading up about 1.9% on the day.
Sysco Set to Release Q2 Earnings: Should You Expect a Beat This Time?
SYY's Q2 results are likely to reflect gains from Food-Away-From-Home sector along with improved efficiency and supply-chain productivity.
Curious about Sysco (SYY) Q2 Performance? Explore Wall Street Estimates for Key Metrics
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) Reports Next Week: Wall Street Expects Earnings Growth
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.
SYY's Foodservice Channel & Operational Excellence Power Bring Success
Sysco is driven by focus a on operational excellence, strategic acquisitions and leadership in the Food-Away-From-Home sector.
Sysco's Operational Strategies Help Overcome Industry Slowdowns
SYY is enhancing operational efficiency and expanding via acquisitions, despite declining restaurant traffic and inflationary pressures.
Sysco Corporation: Eating Up The Competition, Serving Up Value
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 Teams With Sysco to Bolster Restaurant Technology
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 (SYY) Presents at Morgan Stanley Global Consumer and Retail Conference - Company Call Transcript
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.
