Sysco Corp. (SYY) Misses Q2 EPS by 4c

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Go back to Sysco Corp. (SYY) Misses Q2 EPS by 4c

Sysco Reports Second Quarter Results

January 31, 2023 8:00 AM EST

HOUSTON, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (Sysco or the company) today announced financial results for its 13-week second fiscal quarter ended December 31, 2022.

Key financial results for the second quarter of fiscal year 2023 include:

Sales increased 13.9% versus the same period in fiscal year 2022;U.S. Foodservice volume increased 5.2% versus the same period in fiscal year 2022;Gross profit increased 15.9% to $3.3 billion, as compared to the same period last year;Operating income increased 44.0% to $640.6 million, and adjusted1 operating income increased to $682.1 million, as compared to the same period... More