Sysco Q1 sales +16.2%, US volume +7.3%, adjusted EPS $0.97 vs $0.83

SYSCO CORP

2023-Q1 EPS reported $0.91 revenue$19,126,830,000

Sales increased 16.2% YoY; U.S. Foodservice volume up 7.3%; gross profit $3.5B (+17.4%).
Operating income $734.3M (+16.3%); adjusted operating income $770.3M.
EPS $0.91 vs $0.73; adjusted EPS $0.97 vs $0.83.
EBITDA $908M, adjusted EBITDA $916.9M; CEO cites market share gains and Recipe for Growth.
Company reaffirms target to grow >1.35x market for fiscal year; continues shareholder returns.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SYSCO CORP reported first quarter of fiscal year 2023 which ended on October 1, 2022 results: EPS $0.91.

Period: first quarter of fiscal year 2023 which ended on October 1, 2022
EPS: $0.91
Result: reported results

Exact text from the filing

Earnings per share (“EPS”) 3 increased to $0.91, as compared to $0.73 in the same period last year.

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13 earnings releases filed in the last 30 days. Browse all earnings releases →

SYSCO CORP filing history →

Source: SEC EDGAR

accession 0000096021-22-000206

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