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Sysco Corp (SYY.N)

SYY.N on New York Stock Exchange

67.79USD
22 Jun 2018
Change (% chg)

$-0.29 (-0.43%)
Prev Close
$68.08
Open
$68.08
Day's High
$68.28
Day's Low
$67.66
Volume
835,712
Avg. Vol
698,534
52-wk High
$68.31
52-wk Low
$48.85

Latest Key Developments (Source: Significant Developments)

Sysco Reports Second Quarter Fiscal 2018 Results
Monday, 5 Feb 2018 08:00am EST 

Feb 5 (Reuters) - Sysco Corp ::SYSCO REPORTS SECOND QUARTER FISCAL 2018 RESULTS.Q2 EARNINGS PER SHARE $0.54.Q2 ADJUSTED EARNINGS PER SHARE $0.78.QTRLY SALES $14.4 BILLION VERSUS $13.5 BILLION.FOR Q2 OF 2018 AND FIRST 26 WEEKS OF 2018, CO RECORDED A BENEFIT FOR REDUCED RATE OF U.S TAX REFORM IN AMOUNT OF $65 MILLION.Q2 EARNINGS PER SHARE VIEW $0.64, REVENUE VIEW $14.15 BILLION -- THOMSON REUTERS I/B/E/S.FURTHER ADJUSTING TO EXCLUDE ONE-TIME BENEFIT ASSOCIATED WITH RECENT U.S. TAX RATE CHANGES, QTRLY ADJUSTED EPS INCREASED $0.08 TO $0.66.  Full Article

Sysco Grows European Business With Kent Frozen Foods Acquisition
Monday, 15 Jan 2018 08:00am EST 

Jan 15 (Reuters) - Sysco Corp ::SYSCO GROWS EUROPEAN BUSINESS WITH KENT FROZEN FOODS ACQUISITION.‍SIGNED A DEFINITIVE AGREEMENT TO ACQUIRE KENT FROZEN FOODS​.‍KENT FROZEN FOODS WILL CONTINUE TO OPERATE AS AN INDEPENDENT ENTITY​.  Full Article

Sysco Presents FY18-FY20 Three-Year Plan Financial Objectives
Thursday, 7 Dec 2017 05:00pm EST 

Dec 7 (Reuters) - Sysco Corp ::SYSCO CORP - PRESENTED COMPANY'S CUSTOMER-CENTRIC STRATEGIC PRIORITIES.SYSCO - STRATEGIES TO HELP ACHIEVE NEW TARGET FINANCIAL OBJECTIVES, INCLUDING $650-$700 MILLION IN ADJUSTED OPERATING INCOME GROWTH BY END OF FISCAL 2020.  Full Article

Sysco declares 49th dividend increase
Friday, 17 Nov 2017 08:00am EST 

Nov 17 (Reuters) - Sysco Corp :Sysco declares 49th dividend increase.Sets quarterly cash dividend of $0.36 per share.Sysco Corp - ‍approved a 9 percent increase in quarterly cash dividend​.Sysco Corp - ‍board of directors has approved a 9 percent increase in quarterly cash dividend to $0.36 per share from current $0.33 per share​.  Full Article

Sysco Q1 earnings per share $0.69
Monday, 6 Nov 2017 08:00am EST 

Nov 6 (Reuters) - Sysco Corp ::Sysco reports first quarter fiscal 2018 results.Q1 sales $14.7 billion versus I/B/E/S view $14.43 billion.Q1 earnings per share $0.69.Q1 adjusted earnings per share $0.74.Q1 earnings per share view $0.72 -- Thomson Reuters I/B/E/S.Estimate that the negative impact of hurricanes on operating income was approximately $10 million in the first quarter.Sysco Corp - ‍company expects to deliver "strong" cash flow performance for fiscal year 2018​.  Full Article

Sysco agrees to acquire Hawaii-based HFM FoodService
Tuesday, 17 Oct 2017 04:30pm EDT 

Oct 17 (Reuters) - Sysco Corp :Sysco agrees to acquire Hawaii-based HFM FoodService.Sysco Corp - ‍Sysco expects to retain executive leadership team of HFM, as well as all current associates​.  Full Article

Sysco Q4 earnings per share $0.57
Monday, 14 Aug 2017 08:00am EDT 

Aug 14 (Reuters) - Sysco Corp :Sysco reports fourth quarter and fiscal year 2017 results.Q4 earnings per share $0.57.Q4 earnings per share view $0.71 -- Thomson Reuters I/B/E/S.Sysco Corp qtrly sales increased 5.7% to $14.4 billion.Sysco Corp says U.S. Food service sales for Q4 were $9.8 billion, a decrease of 3.8% compared to last year.Sysco Corp says international foodservice sales for Q4 were $2.7 billion, compared to $1.5 billion in same period last year.Q4 adjusted earnings per share $0.72.  Full Article

Sysco announces CEO succession plan
Monday, 17 Jul 2017 04:30pm EDT 

July 17 (Reuters) - Sysco Corp :Sysco announces ceo succession plan.Sysco Corp - chief executive officer, Bill Delaney, will be succeeded as CEO by Tom Bené, currently president and chief operating officer.Sysco Corp - Delaney will serve as an advisor to Bené through December 31, 2018​.Sysco Corp - Bené will become president and chief executive officer effective January 1, 2018.Delaney will serve as an advisor to Bené through December 31, 2018.  Full Article

Sysco reports Q3 earnings per share $0.44
Monday, 8 May 2017 08:00am EDT 

May 8 (Reuters) - Sysco Corp : :Qtrly sales increased 12.7pct to $13.5 billion.Sysco reports third quarter earnings.Q3 earnings per share $0.44.Q3 adjusted earnings per share $0.51.Q3 earnings per share view $0.52 -- Thomson Reuters I/B/E/S.Q3 revenue view $13.14 billion -- Thomson Reuters I/B/E/S.  Full Article

Sysco sets regular quarterly cash dividend of $0.33per share
Friday, 24 Feb 2017 05:00pm EST 

Sysco Corp :Sets regular quarterly cash dividend of $0.33per share.  Full Article

BRIEF-Sysco Corp - QTRLY Earnings Per Share $0.63

* "DESPITE SOME ONGOING COST CHALLENGES, WE REMAIN ON TARGET TO DELIVER ON OUR CURRENT THREE-YEAR PLAN"