Sysco - Wholesaler Benefits from Rising Consumer Demand!
Reading Time: 1 minute
Business Driver: Sysco (SYY ) has established itself as a food and foodservice provider in the USA. Its clientele includes restaurants, cafeterias, and also retail chains and fast-food restaurant chains like McDonald's and Burger King. As consumer demand picks up again, Sysco's prospects are looking brighter. In the recently completed Q3, the company impressed with an EPS increase from 1.09 to 1.15 USD, while the analyst consensus was at 1.12 USD. Sysco also surpassed consensus expectations for revenue, increasing by 3.24% to 21.148 billion USD....
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
