UPDATE: Sysco Posts Fall In FQ2 Earnings

Sysco

reported a drop in its fiscal second-quarter earnings. Sysco's quarterly net earnings fell to $210.8 million, or $0.36 per share, from a year-ago profit of $221.4 million, or $0.38 per share. Its adjusted earnings came in at $0.40 per share. Its sales rose to $11.2 billion from $10.8 billion. However, analysts were estimating earnings of $0.40 per share on sales of $11.35 billion. Sysco shares fell 0.06% to $35.13 in pre-market trading.