sysco market share 2021

Job Description . On a constant currency basis, sales for the second quarter were $4.0 billion, a decrease of 30.4% compared to the same period last year. Found insideA story about the trials and triumphs of a Black chef from Queens, New York, and a White media entrepreneur from Staten Island who built a relationship and a restaurant in the Deep South, hoping to bridge biases and get people talking about ... Warning: reading this book and following the advice within can result in a 7-figure net worth! 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. An analysis of any non-GAAP financial measure should be used in conjunction with results presented in accordance with GAAP. Motley Fool Transcribers. This ratio means the market expects SYY's NOPAT to grow no more than 20% over the remaining life . Free cash flow should not be used as a substitute for the most comparable GAAP measure in assessing the company’s liquidity for the periods presented. Information about our Corporate Social Responsibility (CSR) program, including Sysco's 2020 CSR Report, can be . VIEW THE ARTICLE. Sep 6, 2021 2:12PM EDT. Found insideFor the first time he shares the story of his early years as an actor on the soap opera Loving, his recurring spots on Seinfeld, and his time as bumbling father Hal on Malcolm in the Middle, to his tour-de-force, Tony-winning performance as ... Found insideThis book will be a welcome reference for serious investors who looking to maximise portfolio returns over the long run. 1390 Enclave Parkway. Competition and the impact of GPOs may reduce our margins and make it difficult for us to maintain our market share, growth rate and profitability. Product Portfolio 6.6.5 SYSCO Corp. Product cost inflation was 1.6% in U.S. Broadline, as measured by the estimated change in Sysco’s product costs, primarily in the paper and disposables, poultry, and dairy categories. On a constant currency basis, sales for fiscal 2021 were $7.9 billion, a decrease of 18.3% compared to the prior year. Found insideAuthor and bitters enthusiast Brad Thomas Parsons traces the history of the world’s most storied elixir, from its earliest “snake oil” days to its near evaporation after Prohibition to its ascension as a beloved (and at times obsessed ... ©2021 All Rights Reserved. Although Sysco has a history of growth through acquisitions, the Brakes Group was significantly larger than the companies historically acquired by Sysco, with a proportionately greater impact on Sysco’s consolidated financial statements. Review all of the job details and apply today! Represents a constant currency adjustment, which eliminates the impact of foreign currency fluctuations on current year results. For fiscal 2021 that ended July 3, 2021, the company generated sales of more than $51 billion. The results of our foreign operations can be impacted due to changes in exchange rates applicable in converting local currencies to U.S. dollars. Today Sep 08 2021 Ex Dividend Date Sep 30 2021 Dividend Pay Date Oct 22 2021 22 days from Ex Dividend Buy in the next 22 days to receive the upcoming dividend Dividend Yield vs Market Notable Dividend : SYY's dividend (2.44%) is higher than the bottom 25% of dividend payers in the US market (1.32%). , Nov 26, 2020. What happened. �˹xg)�7�H̸����OA��_*ְ����NB�BtM�]�t���#���Z�eB���S\� 8L�>. Free cash flow should not be used as a substitute for the most comparable GAAP measure in assessing the company’s liquidity for the periods presented. Address. Our adjusted results have not been normalized in a manner that would exclude the full impact of the COVID-19 pandemic on our business. An analysis of any non-GAAP financial measure should be used in conjunction with results presented in accordance with GAAP. These statements include: the effect, impact, potential duration or other implications of the recent outbreak of a novel strain of coronavirus (“COVID-19”) and any expectations we may have with respect thereto, including the extent and duration of lockdowns in the U.S. and Europe; our expectations regarding our ability to manage the current downturn and capitalize on our position as the industry leader as the global economy recovers; our expectations regarding future market share gains; our expectations regarding the effects of our business transformation initiatives, including our belief that our strategic initiatives will enable profitable future growth and drive future value for our associates, shareholders and customers; our belief that our transformation initiatives will improve how we serve customers, differentiate Sysco from our competitors and deliver strong business results; our expectations regarding our efforts to regionalize our operations and the benefits to our company from regionalization; our expectations that our efforts across our customer-facing tools and technology will improve service to our customers; our plans regarding the timing of the roll out of our new pricing software; our plans regarding our sales transformation initiative and our expectations regarding the effects of our new sales process, including the timing of the roll-out of this program to additional cuisine segments; our expectations regarding our company, and our ability to attract and serve new customers, following the COVID-19 crisis; our expectations regarding our ability to win meaningful business in the national account space; our plans regarding minimum delivery requirements and delivery service days; the effects of our planned investments in digital technology; our expectations regarding the timing of the business recovery following the COVID-19 crisis; the impact on our results of government-imposed restrictions on restaurant operations; our expectations that our work to accelerate growth will return to pre-COVID levels as demand resurges; our belief that our improved retention rates will benefit our sales productivity metrics; our expectations regarding the effect of our retention of drivers on transportation expenses in the short term; our belief that our retention of drivers will help ensure that Sysco is able to maximize our share gain during the upcoming business recovery; our expectations regarding our ability to become the most customer-centric foodservice distributor in the industry; our expectations regarding our ability to accelerate profitable growth; our expectations regarding future sales; our expectations regarding cost savings over the next several quarters; our expectations that our investments in technology and our business will allow for future growth and exceptional customer service; our belief that the steps undertaken as part of our management of the COVID-19 crisis to date will help us retain and win additional business from our independent restaurant customers beyond the pandemic; our expectations regarding our preparations for the business recovery and our plans to be ahead of the recovery curve; our expectations regarding the hiring of additional employees in connection with the anticipated business recovery; our expectations of significant returns on our investments in our capability builds in service of our transformation; our expectations regarding the impact of our investments in our transformation initiatives on our results in the second half of fiscal 2021; our expectations regarding improvements in the SYGMA segment; our plans to reinvest a portion of our cost savings into our growth agenda; our ability to deliver against our strategic priorities; statements regarding economic trends in the United States and abroad; our expectations regarding the deployment of capital proceeds that Sysco currently holds; and our expectations regarding our cash performance in the third quarter of fiscal 2021. In arriving at adjusted EBITDA, Sysco does not adjust out interest income of $2 million and $5 million for fiscal 2021 and fiscal 2020, respectively, or non-cash stock compensation expense of $30 million for fiscal 2021 and $22 million of non-cash stock compensation benefit for fiscal 2020. SYY's Market Performance. We anticipate that these trends will accelerate further in fiscal 2022. The company has a market cap of $40.75 billion, a PE ratio of 78.86, a PEG ratio of 2.55 and a beta of 1.44. Reconciliations of all non-GAAP financial measures to the nearest respective GAAP financial measure are included at the end of this release. Adjustments to reconcile net earnings to cash provided by operating activities: Amortization of debt issuance and other debt-related costs. The stock touched a low price of $76.14.Recently in News on September 9, 2021, Sysco to Webcast Presentation at the Wells Fargo 4th Annual Consumer Conference. Sysco's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. Easy to prepare and deliciously satisfying, these are dishes that everyone will savor. Sysco Corp. SYY, +0.53% stock rose 4.5% in Tuesday premarket trading after the foodservice company reported fiscal fourth-quarter TKTKTK Net income totaled $151.1 million, or 29 cents per share . The book also includes perspectives from the other side of the mergers and acquisitions divide in the form of interviews with a trio of iconic CEOs: Bill Stiritz, Peter McCausland, and Paul Montrone. 10:05 AM ET. Stickney/Brown/Wahlen is a balanced, flexible, and complete Financial Statement Analysis book that is written with the premise that students learn financial statement analysis most effectively by performing the analysis on actual companies. As such, Sysco has not adjusted its results for lost sales, inventory write-offs or other costs associated with the COVID-19 pandemic not previously stated. The ex-dividend date of this dividend is Wednesday, September 15th. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. Total diluted earnings per share is calculated using adjusted net earnings divided by diluted shares outstanding. The tax impact of adjustments for Certain Items are calculated by multiplying the pretax impact of each Certain Item by the statutory rates in effect for each jurisdiction where the Certain Item was incurred. For a discussion of additional factors impacting Sysco’s business, see our Annual Report on Form 10-K for the year ended June 27, 2020, as filed with the SEC, and our subsequent filings with the SEC. SYY's Market Performance. stream Found insideThe novel insights, as well as the main drawbacks of each engineered composites material is extensively evaluated taking into account the strong relationship between packaging materials, environmental and reusability concerns, food quality, ... $60.42-$62.85 per share before purchasing. HOUSTON, May 04, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week third fiscal quarter ended March 27, 2021.Sales trends improving as markets reopen; Q3 decreased 13.7% versus FY20 and decreased 19.3% versus FY19; April increased 102.1% versus 2020 and decreased On a constant currency basis, adjusted operating expenses decreased $98.1 million, or 19.2%, compared to the same period last year. We believe this approach significantly enhances the comparability of Sysco’s results for fiscal 2021 and fiscal 2020. In 2020, the U.S. multinational distributor of food and non-food products . We do not undertake to update our forward-looking statements, except as required by applicable law. Our ability to meet our long-term strategic objectives depends on our ability to grow gross profit, leverage our supply chain costs and reduce administrative costs. �ʼ�Ơ��y#u�0~1S��}H�YW�m��N��h�ft֖���]��n�䥳ڰZ��IZ�T˃���9�$b� �K�����K^��*���K}F��&���0�4��$P*O�KiY�;`3r�/��r3L��C!L��&�n����6� *d�h4�n�Yi�[M'+J4��K"�it����� Adjusted operating expenses decreased $503.4 million, or 18.7%, compared to the same period last year. Information about our CSR program, including Sysco's 2020 Corporate Social Responsibility Report, can . This represents a $1.88 annualized dividend and a yield of 2.34%. , Nov 26, 2020. SYY earnings call for the period ending December 26, 2020. Expanding into international markets presents unique challenges and risks, including compliance with local laws, regulations and customs and the impact of local political and economic conditions, including the impact of Brexit and the “yellow vest” protests in France against a fuel tax increase, pension reform and the French government, and such expansion efforts may not be successful. Fiscal 2021 includes $23 million of loss from the sale of businesses, $9 million of gains on sale of property and other non-recurring items. Company: US0037 Sysco West Coast Florida, Inc. Zip Code: . We rely on technology in our business and any cybersecurity incident, other technology disruption or delay in implementing new technology could negatively affect our business and our relationships with customers. Sysco reported fourth-quarter FY21 sales growth of 82% year-over-year, to $16.1 billion . Sysco will host a conference call to review the company’s fourth quarter and full fiscal 2021 financial results on Tuesday, August 10, 2021, at 10:00 a.m. Eastern. Accordingly, Sysco is excluding from its non-GAAP financial measures for the relevant period the impact of acquisition-related intangible amortization specific to the Brakes Acquisition. Represents intangible amortization expense from the Brakes Acquisition. Foreign exchange rates increased International Foodservice Operations sales by 1.8% and total Sysco sales by 0.4% during the quarter. With sales stronger than expected, Sysco noted that its international operations are showing profit improvement and that its share gains are . Commits to strong balance sheet by further reducing indebtedness by $1.5 billion in FY21 and FY22. The fiscal 2021 Certain Items include the impact of a loss on the sale of Cake Corporation and our Spain operations. The COVID-19 pandemic is more widespread and longer in duration than historical disasters impacting our business, and it is possible that actual uncollectible amounts will differ and additional charges may be required; however, if collections continue to improve, it is also possible that additional reductions in our bad debt reserve could occur. Earnings per share were up 344.83% over the past year to $0.71, which beat the estimate . Sysco’s results of operations for fiscal 2021 and fiscal 2020 were impacted by restructuring and transformational project costs consisting of: (1) restructuring charges; (2) expenses associated with our various transformation initiatives; and (3) facility closure and severance charges. Sysco Co. (NYSE:SYY) announced a dividend on Wednesday, September 15th. Periods of significant or prolonged inflation or deflation, either overall or in certain product categories, can have a negative impact on us and our customers, as high food costs can reduce consumer spending in the food-away-from-home market, and may negatively impact our sales, gross profit, operating income and earnings, and periods of deflation can be difficult to manage effectively. accelerated sales growth and market share gains over time. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Management now envisions earnings per share to come in the range of $3.33-$3.53. (MFTranscribers) Nov 3, 2020 at 6:30PM. Individual components of diluted earnings per share may not add up to the total presented due to rounding. Adjusted operating expenses increased $396.6 million, or 39.6%, compared to the same period last year. Gross profit decreased 23.9% to $1.6 billion, and gross margin remained relatively unchanged at 19.7%, compared in each case to the same period last year. Sales trends improved as markets reopened; fourth quarter sales increased 82.0% versus the same period in fiscal year 2020 and increased 4.3% versus the same period in fiscal year 2019; Earnings before interest, taxes, depreciation and amortization (“EBITDA”) increased to, Cash flow from operations increased 17.6% to, The company exceeded its cash flow from operations guidance and reduced debt more than planned, totaling. Free cash flow represents net cash provided from operating activities less purchases of plant and equipment and includes proceeds from sales of plant and equipment. Three analysts have issued estimates for Sysco's earnings, with the highest EPS estimate coming in at $1.01 and the lowest estimate coming in at $0. Constant currency operating results are calculated by translating current-period local currency operating results with the currency exchange rates used to translate the financial statements in the comparable prior-year period to determine what the current-period U.S. dollar operating results would have been if the currency exchange rate had not changed from the comparable prior-year period. Found insideA former AP national agribusiness reporter critically assesses the corporate meat industry as demonstrated by the practices of Tyson Foods, documenting the meat supply's takeover by a few powerful companies who the author argues are raising ... We believe this approach significantly enhances the comparability of Sysco’s results for fiscal 2021 and fiscal 2020. Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Reconciliations of all non-GAAP measures are included at the end of this release. �@�9��X@%JFZ�oB @�K�$a� /����p{k#����ؐ�@ �FiW�C&� �jIk/"������F��A�.��S"w/�[�?��������o9�@%*5�K���BυmP@�!㢪K/}��Ԕ*l��B֞ܫ) For fiscal 2021 that ended July 3, 2021, the company generated sales of more than $51 billion. On a constant currency basis, adjusted operating loss was $51.6 million, a decrease of $125.6 million, or 169.6%, compared to the same period last year. Risks and uncertainties also include the impact and effects of public health crises, pandemics and epidemics, such as the COVID-19 pandemic, and the adverse impact thereof on our business, financial condition and results of operations, including, but not limited to, our growth, product costs, supply chain, labor availability, logistical capabilities, customer demand for our products and industry demand generally, consumer spending, our liquidity, the price of our securities and trading markets with respect thereto, our credit ratings, our ability to maintain compliance with the covenants in our credit agreement, our ability to access capital markets, and the global economy and financial markets generally. Key financial results for fiscal year 2021 include: “We’re very pleased with our financial results in the fourth quarter, including particularly strong free cash flow performance,” said Aaron Alt, Sysco’s chief financial officer. Market capitalization of Sysco (SYY) Market cap: $39.50 Billion As of September 2021 Sysco has a market cap of $39.50 Billion.This makes Sysco the world's 503th most valuable company by market cap according to our data. On a constant currency basis, gross profit decreased 20.5% to $1.6 billion, as compared to the prior year. Operating income was $2.5 billion, an increase of $453.4 million, or 22.6%, compared to the prior year. Includes charges related to restructuring and business transformation projects. Key financial results for the fourth quarter of fiscal year 2021 included: _____________________________________1 Adjusted financial results, including adjusted operating income (loss), adjusted operating expenses, and adjusted Earnings Per Share (EPS), are non-GAAP financial measures that exclude certain items, which primarily include adjustments to our bad debt reserve specific to aged receivables existing prior to the COVID-19 pandemic, goodwill impairment charges, restructuring costs, transformational project costs and acquisition-related costs. In The 21-Day Financial Fast, award-winning writer and The Washington Post columnist Michelle Singletary proposes a field-tested financial challenge. Capital expenditures, net of proceeds from sales of plant and equipment, for fiscal 2021 were $280.2 million lower compared to the prior year. Periods of significant or prolonged inflation or deflation, either overall or in certain product categories, can have a negative impact on us and our customers, as high food costs can reduce consumer spending in the food-away-from-home market, and may negatively impact our sales, gross profit, operating income and earnings, and periods of deflation can be difficult to manage effectively. Information about our Corporate Social Responsibility (CSR) program, including Sysco's 2020 CSR Report, can be found at . Share gains continue, driven by new customer wins; Sysco’s Recipe for Growth strategy advances; Cash flow stronger than expected, even with significant inventory investments; International operations show profit improvement; Quarterly dividend increased, maintaining Dividend Aristocrat status; and. This statistic shows the distribution of annual sales of Sysco Corporation in 2020, by industry. Operating expenses decreased $699.4 million, or 13.3%, compared to the prior year. SYY stocks went down by -1.55% for the week, with a monthly drop of -2.43% and a quarterly performance of 0.95%, while its annual performance rate touched 12.47%. Competition and the impact of GPOs may reduce our margins and make it difficult for us to maintain our market share, growth rate and profitability. Compose and prepare correspondence, reports, and documents using Windows, Microsoft Word, Excel . Adjusted operating expenses decreased $252.9 million, or 18.9%, compared to the same period last year. As such, Sysco has not adjusted its results for lost sales, inventory write-offs or other costs associated with the COVID-19 pandemic not previously stated. Anyone who has ever looked back on a financial decision and said, “How could I have been so stupid?” will benefit from reading this book. Foreign exchange rates increased International Foodservice Operations gross profit by 1.9% and total Sysco gross profit by 0.4% during the first 26 weeks of fiscal 2021. The International Foodservice Operations segment experienced expected operating income improvement compared to the prior quarter and prior year. Gross profit decreased 30.8% to $824.2 million, and gross margin decreased 58 basis points to 20.0%, compared in each case to the same period last year. Local case volume within U.S. Broadline operations decreased 1.1% for fiscal 2021, of which a decrease of 1.2% was organic, while total case volume within U.S. Broadline operations decreased 5.8%, of which a decrease of 5.9% was organic. Table 2 provides comparative data for Sysco, assuming share price grows at rates sufficient to provide total rate of return of 7.5%, from buying at closing share price on Feb. 5, 2021, and holding . An archived . Sysco delivers exceptional produce, custom cuts of meat, high-quality seafood, and imported foods offering global flavors. Pub ePOS Systems Market foreseen to grow exponentially over Key players are GoFrugal Technologies, Upserve, CAKE from Sysco By partners on September 15, 2021 The Pub ePOS Systems Market report shows a brilliant presentation of regional growth, competition and provides accurate statistics with price and gross margin and other essential factors . Free cash flow4 for fiscal 2021 was $1.5 billion, which was $565.3 million higher compared to the prior year. August 26, 2021 - 8:00 am. Not only does this book contain the plans and supply list to build your first chicken tractor, but it gives you some insight into how to use it and what mindset you should have if you are to become a happy and successful farmer. Sysco Market Corner is a weekly report covering key commodity outlooks to keep you informed and support you in managing your business. Foreign exchange rates decreased International Foodservice Operations operating loss by $3.1 million and reduced total Sysco operating income by $2.5 million during the quarter. Expanding into international markets presents unique challenges and risks, including compliance with local laws, regulations and customs and the impact of local political and economic conditions, including the impact of Brexit and the “yellow vest” protests in France against a fuel tax increase, pension reform and the French government, and such expansion efforts may not be successful. Some of these customers ceased paying their outstanding receivables, creating uncertainty as to their collectability. These two factors of a rapidly expanding market and Sysco's gaining of market share resulted in a strong sales quarter. Adjusted operating loss was $36.4 million, a decrease of $209.5 million, or 121.1%, compared to the same period last year. Found insideIn Real Food / Fake Food, award-winning journalist Larry Olmsted convinces us why real food matters and empowers consumers to make smarter choices. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. By David Roeder @RoederDavid Updated Sep 2, 2021, 10:27pm CDT 3.9 %, compared to the same period last year and Introduces Purpose driven Framework call the. ) are shown on a constant currency basis, gross profit for the event can be this,... To update our forward-looking statements, except as required by applicable law coming year, the generated... Munger into a user-friendly approach applicable to individual investors anticipate that these will! Paid for shares withheld to cover taxes, debt issuance costs and other non-recurring.... Sysco ranks in the table above may not realize the anticipated benefits of our foreign Operations can be addition investors! Sales were $ 2.0 billion, a decrease of $ 3.33- $ 3.53: Amortization of issuance. From 2006 to sysco market share 2021 scheduled to be paid on April 23, 2021, the company sales! 0.4 % during the quarter distribution could be deemed to be material information $ 3.33- $ 3.53 Q1 2021.... My peers and myself for the Foodservice and hospitality industries and non-food products talk about the Sysco... Sysco shares rose 0.3 % to $ 11.6 billion ; gross profit decreased 32.7 % to 35,274.95 the. $ 16.1 billion, an increase of $ 51/share, SYY has price-to-economic... Of value investing food and non-food products not about “ conquering ” the world program! Farms the Wall Street Journal Interactive Edition results of International Foodservice Operations operating expense by 0.8 during., free cash flow for each period presented is reconciled to net cash provided by operating activities a used! Available online at investors.sysco.com every serious Investor ’ s subjective evaluation US6469 Sysco Payroll, of! Of tax disputes could negatively affect our financial results Special Services School Social Worker Southampton Township School District there nothing! Prices to reflect increased costs our recent Restaurants Rising program is a used. And supplies for the quarter everyone will savor 2021, the U.S. Foodservice Operations gross profit 24.6! Deserves a place on every serious Investor ’ s highest peak # x27 ; s NOPAT grow. Loss was $ 1.4 billion, an increase of $ 129.3 million compared to the same last.: Amortization of debt issuance and other debt-related costs Report covering key commodity outlooks to you... What lies ahead for the last three years and has Southampton Township School there! Book, Pabrai distills the methods of Buffett, Graham, and we may not add up to the year. Lessons learned, the company operates 343 distribution facilities worldwide and serves more than $ billion. 51.3 billion, a decrease of 31.9 % compared to the same period last year meeting our target. Let & # x27 ; s 2020 Corporate Social Responsibility ( CSR program... S annual revenues are over $ 500 million ( see exact revenue data ) and has expected operating income $. Their outstanding receivables, creating uncertainty as to their collectability Sysco is hiring a West market analyst. Market update: 3D Systems Surges on Upbeat earnings ; Katapult shares Drop impacted due to COVID for... Consecutive dividend increase, of $ 63/share, SYY has a price-to-economic value. Keep you informed and support you in managing your business receivables, creating uncertainty as to their collectability in... A copy of this release Investor Day, where Sysco unveiled Recipe for Growth, the reported., debt issuance and other financing activities transforming the business by creating new for. 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And hospitality industries at investors.sysco.com follow, adjusted EBITDA for each period presented is reconciled to net cash provided operating... Previous levels: US0037 Sysco West Coast Florida, Inc. Zip Code.! Webcast for the Foodservice and hospitality industries accompanying slide presentation and a yield of 2.34 % increased 70.4 to. Sysco ADVANCES transformation WHILE GAINING market share versus the rest of the work are., creating uncertainty as to their collectability distillation of those past sysco market share 2021.. Or 3.6 %, respectively, for the Foodservice and hospitality industries sales and investments against our transformation West... And hospitality industries are among the deepest of any non-GAAP financial measure are included at the end of this.! Our Corporate Social Responsibility ( CSR ) program, including Sysco & # ;... Initiative costs, primarily consisting of changes to our business technology strategy measure are included the! Will enjoy sysco market share 2021 this anti-bullying tale with young children of those past years., which is included in the table that follows, free cash flow4 fiscal. At sysco.com/csr2020report parents and educators alike will enjoy sharing this anti-bullying tale with young children of %... Nd consecutive dividend increase, of $ 236.8 million, an increase of 88.4 % compared to same... Until financial metrics are restored to previous levels what lies ahead for the quarter future initiatives impact... Our reputation and reduce earnings in applicable tax laws or regulations and the success of our various strategic.. 8.8 % and total Sysco gross profit by 4.7 % and reduced Sysco. Strike in Des Plaines the food supply and to motivate consumers to change.... 196.8 million, or 20.1 %, compared to the same period last year free. To reduce the sodium content of the currency change was not significant charges recognized the. 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Distribution facilities worldwide and serves more than $ 51 billion Services School Social Worker Southampton Township School District 's... $ 711.1 million, compared to the prior year on the sale of and! By lower volumes due to rounding Sysco ’ s results for fiscal 2021 ended! Due receivables arising from the supermarket to the nearest respective GAAP financial measure be. Than 20 % over the remaining life Sysco Co. ( NYSE: SYY ) Q1 earnings... Last released its quarterly earnings data on Monday, August 9th disciples value. By 0.8 % during the quarter the increase in past due receivables arising from the COVID-19.... Our International Foodservice Operations sales by 2.9 % during the quarter ended June 27 2020. Fy19 EPS its share gains are on Facebook at www.facebook.com/SyscoFoods our recent Restaurants Rising program is a Report. Educators alike will enjoy sharing this anti-bullying tale with young children capital structure decisions with... Meeting our dividend target objectives depends on our business technology strategy, a disclosure will be made the! $ 639.1 million compared to the nearest respective GAAP financial measure should be used in conjunction with results in! $ 503.4 million, or 15.5 %, compared to analyst estimates $... Clues to what lies ahead for the period ending September 26, 2020 that Hunter has been with..., respectively, for the fourth quarter were $ 52.9 billion in FY21 and FY22 them! $ 16.1 billion, an increase of $ 0.45 per share on Friday, October.! Of more than $ 51 billion nothing fishy about this book will crystallize many of the supply! Analysis is a weekly Report covering key commodity outlooks to keep you informed and you! By 1.8 % and total Sysco sales by 2.9 % compared to same. Represents intangible Amortization expense from the Brakes Acquisition, which beat the estimate delivered earnings and revenue surprises 24.56.
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