Food supplier Sysco down after reiterating annual forecasts

Sysco

28/01/2025 14:19

** 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

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))