Sysco Corp. (SYY) Misses Q1 EPS by 3c, Reiterating Fiscal Year 2022 Guidance
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Sysco Delivers Strong First Quarter Results Including Meaningful Market Share Gains; Reiterating Fiscal Year 2022 Guidance
November 9, 2021 8:01 AM ESTHOUSTON, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week first fiscal quarter ended October 2, 2021.
Key highlights for the first quarter of fiscal year 2022:
Strong sales growth of 8% compared to 2019 levels, with meaningful market share gains;October sales growth of 10% compared to 2019 levels, continuing Q1 sequential sales improvement;Generated EBITDA comparable to pre-COVID 2019 levels;Inflation effectively managed, despite the dynamic supply chain... More