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Oct 02, 2021
Sysco Q1 2022 Earnings Report
Sysco delivered strong first-quarter results driven by market share gains and effective inflation management.
Key Takeaways
Sysco Corporation reported strong first-quarter results, with sales growth of 8% compared to 2019 levels and a 39.7% increase compared to the same period last year. The company effectively managed inflation and achieved gross profit per case increases across all segments, with international operations delivering substantial profitability. Sysco is reiterating fiscal year 2022 guidance.
Strong sales growth of 8% compared to 2019 levels, with meaningful market share gains.
October sales growth of 10% compared to 2019 levels, continuing Q1 sequential sales improvement.
Generated EBITDA comparable to pre-COVID 2019 levels.
Inflation effectively managed, despite the dynamic supply chain environment.
Sysco
Sysco
Sysco Revenue by Segment
Revenue by Segment
U.S. Foodservice Revenue
CapyFin.comInternational Foodservice Revenue
CapyFin.comSYGMA Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
Sysco is reiterating fiscal year 2022 guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income