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February 4, 2013
09:49 EDTSYYSysco says acquisition pipeline is 'robust'
Says charges related to restructuring executive retirement plans will result in approximately $12M in charges in 2H13. Says retirement-related expenses are expected to increase in FY13 by $25M-$35M. Says withdrawal from underfunded multi-employer pension plan to result in charge of approximately $40M in 3Q13. Comments from slides that will be presented on the Q2 earnings conference call.
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August 19, 2014
17:23 EDTSYYSysco awarded $281.25M government contract
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August 11, 2014
11:02 EDTSYYSysco continues to look at transactions
Says "fairly occupied" right now planning for U.S. Foods integration. Says will be "a little difficult" to do deals in the U.S. while it works to get U.S. Foods deal approved.
10:23 EDTSYYSysco says long-term sales growth guidance "reasonable"
Says guidance includes inflation, excludes U.S. Foods deal. Sees inflation returning to more modest historic levels. Comments made on the Q4 earnings conference call.
09:57 EDTSYYSysco sees long-term sales growth 4%-6% annually
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09:50 EDTSYYSysco sees U.S. Food merger closing in late Q3 or in Q4
Sysco said in slides that will be presented on its Q4 earnings conference call that FTC discussions continue to be productive. Remains on track to achieve Business Transformation financial target for FY15.
08:05 EDTSYYSysco reports Q4 adjusted EPS 50c, consensus 50c
Reports Q4 revenue $12.3B, consensus $12.14B.
August 7, 2014
15:17 EDTSYYSysco August volatility elevated into Q4 and outlook
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13:14 EDTSYYSysco now sees US Foods merger closing late Q3 or during Q4
Sysco said earlier today that the FTC's review of the Sysco-US Foods proposed merger continues to proceed as expected. It is anticipated that the transaction will close either late in Q3 or during Q4 of this calendar year.

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