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Sysco Fiscal Q1 Adjusted Earnings, Sales Rise; Fiscal 2025 Guidance Reaffirmed
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Sysco Fiscal Q1 Adjusted Earnings, Sales Rise; Fiscal 2025 Guidance Reaffirmed
Nov 3, 2024 1:43 PM

08:36 AM EDT, 10/29/2024 (MT Newswires) -- Sysco ( SYY ) reported fiscal Q1 adjusted earnings Tuesday of $1.09 per diluted share, compared with $1.07 a year earlier.

Analysts surveyed by Capital IQ expected $1.13.

Sales for the quarter ended Sept. 28 were $20.48 billion, compared with $19.62 billion a year earlier.

Analysts surveyed by Capital IQ expected $20.46 billion.

For fiscal year 2025, the company said it continues to expect adjusted EPS growth of 6% to 7% and sales growth of 4% to 5%. Analysts surveyed by Capital IQ expect adjusted EPS of $4.60 on revenue of $82.21 billion.

Shares of Sysco ( SYY ) were down more than 2% in recent premarket activity.

Price: 73.41, Change: -1.69, Percent Change: -2.25

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