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Sysco: Q4 adjusted EPS up 31%

(CercleFinance.com) - Sysco has reported adjusted Q4 2017-18 (to end-June) net earnings of 498 million dollars, meaning EPS that is up 30.
6% at 94 cents, with a 41-bp improvement in its adjusted operating margin to 5.04%.

Revenues of the Houston-based food retail group increased by 6.2% to 15.3 billion dollars, up 6.1% in the US and up internationally.

“As we head into fiscal 2019, we remain confident in our ability to profitably grow the business and accomplish our objectives” said Tom Bené, Sysco's president and CEO.



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