Sysco Stock News

Sysco Corporation found using ticker (SYY) have now 11 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 97 and 80 calculating the mean target price we have 89.36. Given that the stocks previous close was at 82.94 this now indicates there is a potential upside of 7.7%. There is a 50 day moving average of 77.21 and the 200 day MA is 77.83. The company has a market cap of $42,330m. Visit the company website at: https://www.sysco.com [stock_market_widget type="chart" symbol="SYY" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $45,607m based on the market concensus. Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S.

The 36 Dividend Kings started 2022 on a sour note losing 3.88% during January. The 8 best dividend kings based on forecasted growth and valuation trailed the average dividend king return by 129 bps in

SYY earnings call for the period ending December 31, 2021.

SYY earnings call for the period ending December 31, 2021.

HOUSTON, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the CAGNY 2022 Conference on Tuesday, Feb. 22, 2022, at 12:4

Sysco's (SYY) second-quarter fiscal 2022 results reflect increased top and bottom lines. The company performs well amid inflation as well as hurdles related to the Omicron variant.

Sysco Corp (NYSE: SYY ) reported second-quarter FY22 sales growth of 41.2% year-on-year, to $16.32 billion, beating the analyst consensus of $16.10 billion. The U.S. Foodservice operations segment sales rose 45.1% Y/Y, and International Foodservice sales grew 42.6%. Gross profit increased 37.8% Y/Y to $2.9 billion and Full story available on Benzinga.com

Sysco Corporation (NYSE:SYY) Q2 2022 Earnings Conference Call February 8, 2022 10:00 AM ET Company Participants Kevin Kim - Vice President of Investor Relations Kevin Hourican - President

HOUSTON, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the CAGNY 2022 Conference on Tuesday, Feb. 22, 2022, at 12:40

Sysco (SYY) delivered earnings and revenue surprises of -17.39% and 1.85%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Sysco (NYSE: SYY ) reported its Q2 earnings results on Tuesday, February 8, 2022 at 08:00 AM. Here''s what investors need to know about the announcement. Earnings Sysco missed estimated earnings by 19.72%, reporting an EPS of $0.57 versus an … Full story available on Benzinga.com

Sysco's (SYY) second-quarter fiscal 2022 results reflect increased top and bottom lines. The company performs well amid inflation as well as hurdles related to the Omicron variant.

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Shares of Sysco Corp. sank 7.2% in premarket trading Tuesday, after the food products distributor reported fiscal second-quarter profit that came up short of expectations, as the COVID environment led to higher-than-anticipated operating costs. Net income for the quarter to Jan. 1 more than doubled to $164.4 million, or 33 cents a share, from $67.3 million, or 13 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came to 57 cents, below the FactSet consensus of 70 cents. Sales rose 41.2% to $16.32 billion, above the FactSet consensus of $15.89 billion, but cost of sales increased 41.9% to $13.43 billion as gross margin declined to 17.7% from 18.2%. "The omicron variant is currently impacting our customers, affecting their top-line and hours of operations," said Chief Executive Kevin Hourican. "At Sysco, the COVID impact is felt in our operations productivity performance with higher than normal cost to serve." The stock has slipped 0.6% over the past three months through Monday, while the S&P 500 has lost 4.6%.

Shares of Sysco Corp. undefined sank 7.2% in premarket trading Tuesday, after the food products distributor reported fiscal second-quarter profit that came…