Sysco Q3 Earnings Meet Expectations, Free Cash Flow Surges
For the quarter, Sysco announced sales totaling $20.5 billion, aligning with analysts' forecasts. The food distribution company experienced an increase in food delivery volumes along with a notable rise in free cash flow. Consequently, Sysco has adjusted its full-year earnings per share guidance, now projecting it at the upper limit of its earlier range.
Key facts
- Sysco posted $20.5 billion in quarterly sales.
- Earnings met expectations.
- Food delivery volumes grew.
- Free cash flow surged.
- Full-year adjusted EPS guidance raised to high end of range.
Entities
Institutions
- Sysco
Sources
- Quartz —