Sysco sees FY25 adjusted EPS growth of 6%-7%

“Second quarter results included improvements across the company’s core financial drivers. Combined, our efforts generated positive operating leverage and sequential improvements to gross profits and our continued operating expense control delivered margin expansion. We are encouraged by the momentum in our business and are reiterating our full year guidance including sales growth of 4%-5% and adjusted EPS growth of 6%-7%. Consistent with our efforts to drive compelling returns on invested capital and total shareholder return for our investors, I am pleased to announce the upsizing of our share repurchase plan for the year to $1.25B, up from our prior plan of $1B,” said Kenny Cheung, CFO.