This is our first report on Sysco Corporation, one of the largest foodservice distribution companies in the U.S. Sysco delivered a mixed set of results for this quarter, surpassing revenue expectations of Wall Street with continued positive momentum in its business. The market share gains continued in the quarter, with the company posting 1.4 times sales growth in the industry. Despite delivering a double-digit growth in the top-line, the company missed out on earnings expectations. The local ca ....

29 Dec 2022
Sysco Corporation: Initiation of Coverage – Business Strategy & Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (12/22)

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Sysco Corporation: Initiation of Coverage – Business Strategy & Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (12/22)
- Published:
29 Dec 2022 -
Author:
Ishan Majumdar -
Pages:
27 -
This is our first report on Sysco Corporation, one of the largest foodservice distribution companies in the U.S. Sysco delivered a mixed set of results for this quarter, surpassing revenue expectations of Wall Street with continued positive momentum in its business. The market share gains continued in the quarter, with the company posting 1.4 times sales growth in the industry. Despite delivering a double-digit growth in the top-line, the company missed out on earnings expectations. The local ca ....