Thursday, July 12, 2012

Sysco meets analyst forecasts - Houston Business Journal:

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million, or 38 cents per share, for the 13-week period ended March 28, 2009. That comparerd with net earningsof $240.9 million, or 40 cents per for the same period ended Marcgh 29, 2009. Sales were down nearlhy 5 percent for the quarterto $8.7 billiob from $9.1 billion in the third quarter of 2008. Analysts polled by Thomsonb Reuters expectedSysco (NYSE: SYY) to have net earnings per shared of 38 cents. “We are pleased to have grow operating income during the first nine months of fiscal Bill DeLaney, chief executiv e officer, said in a statement.
“Oufr third-quarter results reflect the increasingly difficult market environment that has developed as our fiscal yearhas Nevertheless, we are encouraged by our operating ongoing ability to provide excellent customer servic while managing costs effectively.’’

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