Says capital allocation is a competitive advantage for Sysco. Expects both top- and bottom-line growth in 2024. Says balance sheet remains strong. Says committed to capital allocation strategy. Expects to win market share profitably and consistently.
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Read More on SYY:
- Sysco Reports Second Quarter EPS Growth, Driven By Increasing Volumes and Positive Operating Leverage
- Sysco price target raised to $82 from $75 at JPMorgan
- Sysco price target raised to $84 from $76 at Morgan Stanley
- Sysco to Release Second Quarter Fiscal Year 2024 Financial Results on January 30
- Sysco price target raised to $85 from $77 at Barclays