|Last Price$42.86||Day Change (%)0.61%|
|Open Price$42.95||Day Change ($)0.26|
|Day Range42.70–43.38||52-Week Range35.45–43.97|
As of Wed 2/10/2016 1:52:00 PM | USD
Good morning and welcome to the Sysco's Third Quarter Fiscal 2014 Conference Call. As a reminder, today's call is being recorded.
Even without US Foods, Sysco's vast scale is advantageous as fixed costs plague industry profits.
But the US Foods deal would cement the food distributor's leading competitive edge.
Processed Meat Market in the US 2016-2020 - Changing Lifestyles Due to Rapid Urbanization & Shortage of Time Driving Growth - Research and Markets
Our Ultimate Stock-Pickers Index continues to beat the market even as relatively few of our top managers are outperforming the S&P 500.
These managers are great stewards of shareholders' money.
Our top managers remain cautious, focusing more on relative valuation and increasing their willingness to book gains in the face of a rising (but potentially overvalued) market.
With roughly two thirds of this sector enjoying a narrow or wide economic moat, we continue to find pockets of opportunity when short-term concerns outweigh our forecasted long-term growth trajectories.
Morningstar's Josh Peters shares his strategies for assessing company-specific and macro-related risks when constructing a dividend portfolio.