Sysco expects ‘positive momentum’ to continue into 2H24

Says expects to buyback $1.25B of stock in 2024, up from $750M. Says playing from a position of strength. Says grew market share profitably in Q2. Says remains solidly on track to deliver on growth ambitions. Says focused on improving sales execution. Says refined compensation model, can see the impact of the compensation change. Says focus on performance management continues. Says total team selling continues to gain traction. Says confident in ability to continue to grow local sales. Says continues to improve performance of supply chain. Says focused on continuing to improve colleague retention and performance in supply chain. Says remains on track with Recipe for Growth business transformation. Says FY24 off to a ‘strong’ start.