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Houston, TX-based foodservice distributor Sysco Corp. (NYSE:SYY) reported sales for its fiscal 2011 ended July 2, 2011, were $39.3 billion, 5.6 percent higher than the prior year. Profit was $1.2 billion.
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"We successfully supported our customers and profitably grew our share of market this past year in the midst of an economic recovery that remains slow and choppy," said Bill DeLaney, Sysco's president and CEO. "Looking forward, we remain committed to optimizing our core business through the solid execution of our business plan and the effective implementation of our business transformation initiative."
Fourth-quarter sales were $10.4 billion, up 0.7 percent from the prior-year period. Profit was $336 million.
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