Sysco Estimates $10M Negative Impact on Operating Income From Hurricanes in First Quarter Results
SEAFOODNEWS.COM [Seafood News] by Amanda Buckle - November 6, 2017
Sysco Corporation, a global leader in selling, marketing and distributing food products, announced financial results on Monday for their 13-week first fiscal quarter, which concluded on September 30, 2017.
For U.S. Foodservice Operations, sales for the 13-week period were at $14.7 billion, a 4.9% increase from the same time last year. However, the company also estimates that “the negative impact of hurricanes on operating income was approximately $10 million in the first quarter ...
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