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Sysco sees Q4 adjusted EPS at least flat, consensus $1.51

Says remains positioned to generate ‘robust’ free cash flow. Says expects dividend to continue growing commensurate with adjusted EPS growth. Says national business ‘remains stable’. Says remains disciplined with corporate expenses. Says focused on leveraging size and scale advantages ‘by buying better to sell better’. Says expects to end the year within targeted 2.5-2.75x net leverage range. Says remains confident in delivering run-rate cost savings target. Says plans to remain focused on ‘operational discipline’. Sees Q4 tax rate of 24%.

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