Sysco’s Earnings Fall

While the rest of the market is higher today, Sysco (SYY) is down modestly on its earnings report. Earnings were in line at 38 cents a share, down from 40 cents a year ago. Revenue declined 4.5% to $8.7 billion.
Overall, I like Sysco a lot. This is one of the most stable companies on the market. I recently pointed out that the stock has been an amazing performer after a Citigroup exec looked down on Sysco’s employees.

Posted by on May 4th, 2009 at 10:55 am


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