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Jun 27, 2020
Sysco Q4 2020 Earnings Report
Sysco's Q4 2020 financial results were significantly impacted by the COVID-19 pandemic, but the company responded by strengthening its balance sheet and adding new customers.
Key Takeaways
Sysco's Q4 2020 sales decreased by 42.7% to $8.9 billion, and EPS decreased to $(1.22). However, the company strengthened its balance sheet and added new customers amidst the COVID-19 pandemic.
Sales decreased 42.7% to $8.9 billion.
Gross profit decreased 47.4% to $1.6 billion; gross margin decreased 159 basis points.
Operating income decreased 173.8% to $(531.6) million; adjusted operating income decreased 104.1% to $(33.9) million.
EPS decreased $2.25 to $(1.22); adjusted EPS decreased $1.39 to $(0.29).
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
The report does not contain specific forward guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income