Skip to main content

Market Overview

UPDATE: Sysco Q4 Net Profit Drops 8.5%


Sysco (NYSE: SYY) reported an 8.5% drop in its fourth-quarter profit.

Sysco's quarterly profit declined to $283 million, or $0.47 per share, from $309 million, or $0.55 per share, in the year-ago period. Its adjusted earnings came in at $0.50 per share.

Its net sales increased 5% to $11.6 billion from $11 billion. However, analysts were estimating earnings of $0.54 per share on sales of $11.59 billion.

Sysco shares closed at $35.01 on Friday.


Related Articles (SYY)

View Comments and Join the Discussion!

Posted-In: profitEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at