Sysco’s Sales Up 6%

Foodservice distributor posts solid U.S. sales, sees double-digit increase internationally.

Foodservice distributor Sysco Corp. (NYSE: SYY), Houston, TX, reported fiscal third-quarter sales of $14.3 billion, a 6.1 percent increase compared to the year-ago period. Profit was $330 million.

Third-quarter sales in the company’s U.S. Foodservice operations were $9.7 billion, a 5.1 percent increase compared to a year ago. Sales in its International Foodservice operations were $2.8 billion, 10.7 percent higher than the year-ago period.

Sysco’s sales for the 39 weeks ended March 31 were $43.4 billion, up 6 percent compared to the same period in 2017.

 

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