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Oct 01, 2022
Sysco Q1 2023 Earnings Report
Sysco reported double-digit sales and profit growth, driven by effective inflation management, increased case volume, and market share gains.
Key Takeaways
Sysco Corporation announced strong financial results for the first quarter of fiscal year 2023, with double-digit growth in sales and profits. The company effectively managed inflation, increased case volume, and grew market share, while continuing to invest for growth and return capital to shareholders. Sysco reaffirmed its expectations to grow adjusted EPS by 26% - 35%, to $4.09 - $4.39, and to return $1.5 billion to shareholders during fiscal year 2023.
Continued market share gains and volume growth.
Gross profit per case improved.
Double-digit profit growth.
Continued investment for growth and return of capital to shareholders.
Revenue by Segment
Forward Guidance
Sysco reaffirms expectations to grow adjusted EPS by 26% - 35%, to $4.09 - $4.39, and to return $1.5 billion to shareholders during fiscal year 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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