Categories Earnings, Technology

Sysco Corporation (NYSE: SYY) Q1 2020 Earnings Snapshot

– Sysco Corporation (NYSE: SYY) reported adjusted earnings of $0.98 per for the first quarter of 2020, vs. $0.97 per share expected.

Sysco Corporation Q1 2020 earnings infographic

— Unadjusted net profit rose to $453.8 million or $0.87 per share from $431 million or $0.81 per share in the first quarter of 2019

— Net sales moved up 1% annually to $15.3 billion, vs. $15.51 billion expected

— U.S. Foodservice Operations sales rose 2.5%; International Foodservice Operations sales down 0.3%

— First-quarter gross profit rose1.4% to $2.9 billion; gross margin was up 15 basis points

– Sysco shares closed the last trading session higher

We’re on Apple News! Follow us to receive the latest stock market, earnings and financial news at your fingertips

Most Popular

CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%

Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss

Key metrics from Nike’s (NKE) Q2 2025 earnings results

NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net

FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips

Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top