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Jul 02, 2022
Sysco Q4 2022 Earnings Report
Sysco's financial performance improved in Q4 2022, with sales and profits increasing.
Key Takeaways
Sysco Corporation reported strong Q4 2022 results, with sales increasing by 17.5% to $19.0 billion and EPS increasing to $0.99. The company's growth outpaced the U.S. market, driven by effective pass-through of rising product costs and continued operating income recovery for the International segment.
Sysco's sales increased 17.5% to $19.0 billion, or 26.5% on a comparable 13-week basis.
Gross profit increased 18.1% to $3.4 billion.
Operating income increased 34.6% to $766.7 million.
Adjusted EPS increased to $1.15 compared to $0.71 in the same period last year.
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 expects to grow adjusted EPS by 26% - 35%, or $4.09 - $4.39, for fiscal year 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income