BUZZ-Food supplier Sysco down after reiterating annual forecasts

Reuters

01-28

BUZZ-Food supplier Sysco down after reiterating annual forecasts

** 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;))

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