Food cost inflation remains a challenge for Sysco.
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Sales increased driven by improvement in the Crane segment.
Excluding Diversey, sales increased 1 percent with growth in all businesses and regions.
Bunzl’s U.S. acquisition was FoodHandler Inc., with revenue of $99.4 million.
Profit jumped 80 percent to $60 million.
Profit climbed 20 percent for the period.
Crane segment sales posted an increase of 20.7 percent for the period.
Don Stevens is a distributor of HVAC, foodservice and lodging equipment with seven locations.
Distributor refocuses on providing better food offering and easier service experience.
Grocery distributor Fite services stores in Georgia and northwest Alabama.
Fourth-quarter sales grew 0.7% for the foodservice distributor.
Sales growth driven by 22.9% increase in Crane segment sales.
The $140 million distributor expands Sysco’s reach in California.
Foodservice distributor Sysco sees impacts from food cost inflation in its third quarter.