SYSCO Corp., Houston, TX, reported sales increased 7.1% in fiscal 2008 to $37.5 billion. Food cost inflation, as estimated by the change in cost in goods, was 6%.
Operating income for 2008 grew 10% over the prior year.
For the fourth quarter 2008, sales were up 5.4% to $9.7 billion. Operating income was up 9.7% to $559 million. Fourth-quarter profit was up to $334 million from $303 million in the prior-year period. Food cost inflation for the period was 6.2%.
SYSCO Sales Up 7.1% in Fiscal 2008
SYSCO Corp., Houston, TX, reported sales increased 7.1% in fiscal 2008 to $37.5 billion. Food cost inflation, as estimated by the change in cost in goods, was 6%.
Operating income for 2008 grew 10% over the prior year.
For the fourth quarter 2008, sales were up 5.4% to $9.7 billion. Operating income was up 9.7% to $559 million. Fourth-quarter profit was up to $334 million from $303 million in the prior-year period. Food cost inflation for the period was 6.2%.
More details ...
Operating income for 2008 grew 10% over the prior year.
For the fourth quarter 2008, sales were up 5.4% to $9.7 billion. Operating income was up 9.7% to $559 million. Fourth-quarter profit was up to $334 million from $303 million in the prior-year period. Food cost inflation for the period was 6.2%.
More details ...
Share this article
About the Author
Recommended Reading
Leave a Reply
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.