Inside SYY’s Results
The company reported net income of $158 million, or 27 cents per share, down from $210.84 million, or 36 cents per share, last year. Adjusted earnings were 41 cents per share – matching analysts’ estimate of 41 cents per share.
Sales increased 7.6% to $12.1 billion from $11.24 billion last year. Analysts expected to see revenue of $11.93 billion.
All Eyes on US Foods Merger
Mutual Funds to Watch
|YACKX||AMG Yacktman Service||1.68%|
|YAFFX||AMG Yacktman Focused Service||1.08%|
|VTSMX||Vanguard Total Stock Mkt Idx||0.53%|
The Bottom Line
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