Houston, TX-based Sysco Corp. reported sales for the first quarter of fiscal 2009 ended Sept. 27, 2008, were up 5% to $9.9 billion from the first quarter 2008. Profit was $276 million, up from $266 million in the first quarter 2008.
Our operating companies continued to generate impressive results in the midst of a prolonged and difficult business environment,” said Richard J. Schnieders, Sysco’s CEO.
Food cost inflation, as estimated by the change in Sysco’s cost of goods, was 8.3% for the quarter.
Sysco operates 180 distribution facilities serving more than 400,000 customers. For the fiscal year 2008 that ended June 28, 2008, the company had more than $37 billion in …
SYSCO Sales Up 5% in 1Q
Houston, TX-based Sysco Corp. reported sales for the first quarter of fiscal 2009 ended Sept. 27, 2008, were up 5% to $9.9 billion from the first quarter 2008. Profit was $276 million, up from $266 million in the first quarter 2008.
Our operating companies continued to generate impressive results in the midst of a prolonged and difficult business environment,” said Richard J. Schnieders, Sysco’s CEO.
Food cost inflation, as estimated by the change in Sysco’s cost of goods, was 8.3% for the quarter.
Sysco operates 180 distribution facilities serving more than 400,000 customers. For the fiscal year 2008 that ended June 28, 2008, the company had more than $37 billion in …
Share this article
About the Author
Recommended Reading
Leave a Reply
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
