BMO Capital Raises Price Target on Sysco Corp. (SYY) Following 3Q EPS Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Sysco Delivers Strong Third Quarter Earnings
May 2, 2016 8:03 AM EDTSolid local case growth and expense management drives $60 million adjusted operating income improvement
HOUSTON, May 02, 2016 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week third fiscal quarter ended March 26, 2016.¹
Third Quarter Fiscal 2016 Highlights²
Sales increased 2.2% to $12.0 billion;Gross profit increased 4.1% to $2.1 billion; gross margin increased 34 basis points to 17.9%;Adjusted operating income increased 16.0% to $438 million; andAdjusted Earnings Per Share (EPS) increased $0.06 to... More