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Sysco Agrees to Buy Montreal-Based Distagro

Sysco Sales Up 4.7% in Fiscal First Quarter

Sysco Corp. (NYSE: SYY), Houston, TX, reported sales for the fiscal first quarter ended Sept. 29, 2012, of $11.1 billion, an increase of 4.7 percent from the first quarter of fiscal 2012. Profit fell 5.3 percent to $287 million.

Food cost inflation was 2.2 percent, driven mainly by inflation in the meat and poultry categories, partially offset by deflation in the dairy category.

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