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Sysco Delivers Strong First Quarter Results; Reiterating Fiscal Year 2022 Guidance

Sysco Corporation today announced financial results for its 13-week first fiscal quarter ended October 2, 2021.

Key highlights for the first quarter of fiscal year 2022:

- Strong sales growth of 8% compared to 2019 levels, with meaningful market share gains;
- October sales growth of 10% compared to 2019 levels, continuing Q1 sequential sales improvement;
- Generated EBITDA comparable to pre-COVID 2019 levels;
- Inflation effectively managed, despite the dynamic supply chain environment;
- Gross profit per case increases across all segments;
- Sysco’s Recipe for Growth strategy advances; and
- International operations...

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