Loading...
•
Dec 31, 2022
Sysco Q2 2023 Earnings Report
Reported double-digit top-line and bottom-line growth, ongoing market share gains and continued advancement of Recipe For Growth strategy.
Key Takeaways
Sysco's Q2 2023 results showed a 13.9% increase in sales, a 15.9% increase in gross profit, and a 44.0% increase in operating income. Adjusted EPS increased by 40.4% to $0.80. The company returned over $249 million of capital to shareholders.
Sales increased 13.9% versus the same period in fiscal year 2022
U.S. Foodservice volume increased 5.2% versus the same period in fiscal year 2022
Gross profit increased 15.9% to $3.3 billion, as compared to the same period last year
Adjusted EPS increased 40.4% to $0.80, as compared to $0.57 in the same period last year
Revenue by Segment
Forward Guidance
Statements made in this press release or in our earnings call for the second quarter of fiscal year 2023 that look forward in time or that express management’s beliefs, expectations or hopes are forward-looking statements under the Private Securities Litigation Reform Act of 1995.
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
Loading earnings performance data...
Loading earnings reaction data...