Sysco shares jump after earnings beat, 'strong' July

2 months ago 17
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Sysco Corp. SYY, -0.64% banal roseate 4.5% successful Tuesday premarket trading aft the foodservice institution reported fiscal fourth-quarter TKTKTK Net income totaled $151.1 million, oregon 29 cents per share, aft a nonaccomplishment of $618.4 million, oregon $1.22 per share, past year. Adjusted EPS of 71 cents bushed the FactSet statement for 60 cents. Sales of $16.14 cardinal were up from $8.87 cardinal past twelvemonth and besides up of the FactSet statement for $14.66 billion. The institution says "currently [there are] nary signs of Delta variant impacting demand," and July request is strong. Sysco banal has slipped 1.1% for the twelvemonth to day portion the S&P 500 scale SPX, -0.09% is up 18% for the period.

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