BUZZ-Food supplier Sysco down after reiterating annual forecasts
ReutersJan 28, 2025 2:19 PM
Shares of food distributor Sysco Corp SYY.N down 4.2% at $73.62 premarket
Co reiterates annual sales and profit forecasts after beating Q2 revenue estimates, amid an uneven demand recovery for restaurants
Co expects full-year sales growth of 4% to 5% and adjusted EPS growth of 6% to 7%
Posts Q2 sales of $20.15 billion vs estimates of $20.10 billion and adjusted EPS of 93 cents in line with expectations - data compiled by LSEG
SYY rose 4.6% in 2024
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