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Sysco (SYY) Advances Growth Initiatives, Sets Financial Targets
zacks.com· 2024-05-23 23:51
Sysco Corporation (SYY) offered insights into its ongoing endeavors to enhance core performance and advance the Recipe for Growth strategy, aimed at sustaining growth. Introduced three years ago, this strategy focuses on fostering market expansion across five pivotal pillars — Digital, Products and Solutions, Supply Chain, Customer Teams and Future Horizons. The leading foodservice distributor also outlined detailed financial growth targets for the next three fiscal years, emphasizing sustainable growth, op ...
Sysco Defines Plans at 2024 Investor Day to Improve Core Performance, Advance Recipe for Growth Strategy, Increase Shareholder Value
Newsfilter· 2024-05-23 04:30
HOUSTON, May 22, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest foodservice distributor, hosted its 2024 Investor Day at the New York Stock Exchange (NYSE) to present an update on the company's growth strategy and highlight initiatives that improve how the company serves its customers while delivering consistent financial performance. Sysco also provided a comprehensive financial outlook for the next three fiscal years based on the company's new growth algorithm which focu ...
Sysco Defines Plans at 2024 Investor Day to Improve Core Performance, Advance Recipe for Growth Strategy, Increase Shareholder Value
globenewswire.com· 2024-05-23 04:30
HOUSTON, May 22, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest foodservice distributor, hosted its 2024 Investor Day at the New York Stock Exchange (NYSE) to present an update on the company's growth strategy and highlight initiatives that improve how the company serves its customers while delivering consistent financial performance. Kevin Hourican, Sysco's Chair of the Board and CEO, and other senior executives discussed how the company is driving core business performan ...
Sysco(SYY) - 2024 Q3 - Quarterly Report
2024-05-01 06:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-6544 ________________ Sysco Corporation (Exact name of registrant as specified in its charter) Delaware 74-1648137 (State or other jurisdiction of ...
Sysco(SYY) - 2024 Q3 - Earnings Call Transcript
2024-05-01 01:52
| --- | --- | |-------------------------------------------------------------------------------------------|-------| | | | | Sysco Corporation (NYSE:SYY) Q3 2024 Earnings Conference Call April 30, 2024, 10:00 am ET | | | Company Participants | | | Kevin Kim - VP, IR | | | Kevin Hourican - President & CEO Kenny Cheung - EVP & CFO | | | | | | Conference Call Participants | | | Alex Slagle - Jefferies | | | John Heinbockel - Guggenheim Securities | | | Mark Carden - UBS | | | Jake Bartlett - Truist Securities | ...
Sysco(SYY) - 2024 Q3 - Earnings Call Presentation
2024-04-30 22:16
Statements made in this presentation that look forward in time or that express management's beliefs, expectations or hopes are forward-looking statements under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions that may cause actual results to differ materially from current expectations. These statements include statements con ...
Sysco(SYY) - 2024 Q3 - Quarterly Results
2024-04-30 20:09
销售情况 - 第三季度销售增长2.7%,美国食品服务销量增长2.9%[2] - 国际食品服务销售增长4.5%至35亿美元[16] - 公司在2024财年的净收入为14.74亿美元,同比增长8.3%[51] - 公司2024财年总销售额为193.8亿美元,同比增长2.7%[55] - Sysco公司在39周期内的总销售额达到了58,287,896美元,同比增长3.0%[58] 财务表现 - 调整后的运营收入增长8.4%至7.993亿美元[2] - 现金余额为5.983亿美元[22] - 现金流为14亿美元,较去年同期减少5,260万美元[24] - 前39周的自由现金流为8.637亿美元,较去年同期减少1,159万美元[26] - 公司在2024财年的每股稀释收益为2.92美元,同比增长9.4%[51] 利润情况 - Sysco公司2024年第一季度净利润为42.47亿美元,同比增长-1.16%[38] - Sysco Corporation 2024年第一季度净利润为42.47亿美元,同比下降1.1%[46] - Sysco Corporation 2024年第一季度净利润为22.26亿美元,同比增长7.3%[50] - 2024年前三季度净利润为1,343,322美元,较上年同期增长29.6%[65] 负债情况 - Sysco公司2024年净债务调整后EBITDA比率为2.81[68] 支出情况 - 2024年第一季度利息支出为157,853美元,较上年同期增长17.0%[63] - 2024年前三季度所得税支出为418,217美元,较上年同期增长43.7%[65]
Sysco(SYY) - 2024 Q2 - Quarterly Report
2024-01-31 07:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-6544 ________________ Registrant's telephone number, including area code: (281) 584-1390 Securities registered pursuant to Section 12(b) of the ...
Sysco(SYY) - 2024 Q2 - Earnings Call Transcript
2024-01-31 00:29
Sysco Corporation (NYSE:SYY) Q2 2024 Earnings Conference Call January 30, 2024 10:00 AM ET Company Participants Kevin Kim - Vice President, Investor Relations Kevin Hourican - President & Chief Executive Officer Kenny Cheung - Chief Financial Officer Conference Call Participants Jeff Bernstein - Barclays Mark Carden - UBS John Heinbockel - Guggenheim Securities Edward Kelly - Wells Fargo Joshua Long - Stephens Kendall Toscano - Bank of America John Ivankoe - JPMorgan Alex Slagle - Jefferies Jake Bartlett - ...
Sysco(SYY) - 2024 Q2 - Earnings Call Presentation
2024-01-31 00:20
Sysco Fiscal Q2 2024 Earnings Results Statements made in this presentation that look forward in time or that express management's beliefs, expectations or hopes are forward-looking statements under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions that may cause actual results to differ materially from current expectations. T ...