earnings
confidence high
sentiment positive
materiality 0.80
Sysco reports record Q4 sales, operating income, and cash flow; EPS up 45.5%
SYSCO CORP
2023-FY EPS reported
$3.47
revenue$76,324,675,000
- Sales +4.1% YoY; U.S. Foodservice volume +2.3%; gross profit +7.0% to $3.7B.
- Operating income +26.5% to $969.4M; adjusted operating income +16.9% to $1.0B (record).
- EPS $1.44 (+45.5%); adjusted EPS $1.34 (+16.5%).
- Returned $370.9M capital: $122.3M share repurchases, $248.6M dividends.
- Net debt ratio improved to 2.5x; record free cash flow for full year.