Sysco Corp

SYY: XNYS (USA)

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Sysco Earnings: Continued Top-Line Growth Despite Stubborn Restaurant Traffic; Shares Fairly Valued

Kristoffer Inton

Oct 30, 2024

Sysco reported fiscal first-quarter results highlighted by 4.4% revenue growth. This came from continued market share gains as restaurant traffic was down 3.6%. Improving traffic trends and benefits from the revised salesforce compensation system bode well for the rest of the year.

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Sysco Corp

Sysco Earnings: Continued Top-Line Growth Despite Stubborn Restaurant Traffic; Shares Fairly Valued

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