Sysco PT receives Investment Bank Analyst Rating Update
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Sysco Corp. (SYY) reported Q1 EPS of $0.97, $0.02 worse than the analyst estimate of $0.99. Revenue for the quarter came in at $19.1 billion versus the consensus estimate of $18.65...
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Sysco Corporation is engaged in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. The Company operates in three reportable segments: U.S. Foodservice Operations, International Foodservice Operations and SYGMA. U.S. Foodservice Operations includes the Company’s US Broadline operations, which distribute a full line of food products, including custom-cut meat, seafood, produce, specialty Italian, specialty imports and a wide variety of non-food products. International Foodservice Operations includes operations outside of the United States, which distribute a full line of food products and a wide variety of non-food products, and its operations are held in Canada, Bahamas, Mexico, Costa Rica and Panama. The SYGMA segment includes the Company's United States customized distribution operations serving quick-service chain restaurant customer locations.
|Average||91.36 (+17.30% Upside)|
|No. of Analysts||11|