Houston, Texas, U.S.A.-based food distribution firm Sysco recently reported an increase in global sales to USD 20.2 billion (EUR 19 billion) in its second fiscal quarter of 2025, a 4.5 percent increase compared to the same period of 2024, while gross profit increased 3.9 percent to USD 3.7 billion (EUR 3.5 billion).

Packaged and fresh food supplier Sysco on Tuesday kept its full-year sales and profit forecasts unchanged despite beating estimates for second-quarter revenue, as a recovery in demand from restaurants remains uneven.

Houston's union workers employed by major food distributor, Sysco, are poised to strike. Members of local Teamsters union number 988 head to the bargaining table on Jan. 17, just ahead of the contract's expiration.

Sysco's profit fell to $406 million, down from $415.2 million in the year-earlier period. Product costs rose 2.1% from a year ago due to the rising cost of dairy and poultry, the company said. Operating expenses increased 4.4%.

HOUSTON (AP) — HOUSTON (AP) — Sysco Corp. (SYY) on Tuesday reported fiscal second-quarter earnings of $406 million. The Houston-based company said it had profit of 82 cents per share. Earnings, adjusted for one-time gains and costs, came to 93 cents per share.

Teamsters Local 988, in Houston, TX, are readying themselves for a strike against Sysco, their employer. The workers deliver food and other products to schools, hospitals, and major restaurants. They have set a deadline for Jan.

The International Brotherhood of Teamsters (IBT) have threatened strikes across multiple states if their demands are not met with foodservice distribution giant Sysco and other major food distributors and retailers.

Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week second fiscal quarter ended December 28, 2024. Key financial results for the second quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): “Sysco delivered another quarter of disciplined financial performance fueled by top and bottom line growth that was consistent with expectations.

Looking ahead, Sysco ( NYSE: SYY) reaffirmed guidance for FY25 revenue growth of 4% to 5% and FY25 EPS guidance growth of 6% to 7%. The company also announced the upsizing of its share repurchase plan for the year to $1.25 billion, up from a prior plan of $1 billion.

Sysco's earnings fell in the second quarter even while sales rose, as dairy and poultry prices drove up the food distributor's expenses.

Houston's union workers employed by major food distributor, Sysco, are poised to strike. Members of local Teamsters union number 988 head to the bargaining table on Jan. 17, just ahead of the ...