Sysco Q3: record adjusted operating income $735.5M; EPS $0.84, sales +11.7% YoY

SYSCO CORP

2023-Q3 EPS reported $2.03 revenue$56,596,459,000

Sales increased 11.7% YoY; gross profit $3.4B (+13.9%); US foodservice volume +6.1%.
Operating income $694.2M (+40.0%); adjusted operating income record $735.5M (+27.8%).
GAAP EPS $0.84 (+42.4%); adjusted EPS $0.90 (+26.8%); EBITDA $885M (+25.8%).
Net debt to adjusted EBITDA 2.8x; returned $359M to shareholders ($110M buybacks, $249M dividends).
Free cash flow $980M year-to-date; supply chain efficiency gains and market share gains.

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 third quarter of fiscal year 2023 ended April 1, 2023 results: EPS $0.84.

Period: third quarter of fiscal year 2023 ended April 1, 2023
EPS: $0.84
Result: reported results

Exact text from the filing

Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week third fiscal quarter ended April 1, 2023.

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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 0000096021-23-000063

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