Sysco Q1 adjusted EPS $1.07 (+10.3%), sales +2.6%, reiterates FY24 guidance

SYSCO CORP

2024-Q1 EPS reported $0.99 revenue$19,620,454,000

Sales up 2.6%; US Foodservice volume +1.6%; gross profit $3.6B (+4.6%).
Operating income $803.6M (+9.1%); adjusted operating income $854.3M (+10.6%).
EPS $0.99 (+8.8%); adjusted EPS $1.07 (+10.3%).
Returned $352.9M to shareholders via dividends and buybacks; FY24 target ~$1.75B.
Announced planned acquisition of Edward Don & Company (kitchen equipment distributor); no terms disclosed.

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 13-week first fiscal quarter ended September 30, 2023 results: EPS $0.99. Guidance reaffirmed.

Period: 13-week first fiscal quarter ended September 30, 2023
EPS: $0.99
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Sysco Corporation (“Sysco”) issued a press release announcing its results of operations and financial condition for its first quarter of fiscal year 2024, which ended on September 30, 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 0000096021-23-000197

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