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News Breaks | | | | February 4, 2013 | | 08:06 EDT |  | SYY | Sysco reports Q2 food cost inflation 2.5%
Food cost inflation was 2.5%, as measured by the estimated change in Sysco's product costs, driven mainly by inflation in the poultry and meat categories. In addition, sales from acquisitions within the last 12 months increased sales by 1.1%, and the impact of changes in foreign exchange rates for Q2 increased sales by 0.3%. Case volume for the company's Broadline and SYGMA operations combined grew 2.8% during Q2, including acquisitions, and approximately 1.8%, excluding acquisitions. | |
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