International Segment Success
The international segment posted another compelling quarter with profit growth of double digits, marking the sixth consecutive quarter of such growth. Local volume increased by 4.5%, and adjusted operating income increased by 17.4%, particularly driven by Canada, Great Britain, and Ireland.
Sales and Volume Growth in Sigma
The Sigma segment delivered sales growth of 9.5% for the quarter, driven by strong customer wins compared to the prior year. Year-to-date, Sigma's top line grew by 9% and the bottom line by 17%.
Colleague Retention and Engagement Improvement
Sales consultant retention has significantly improved versus the first half of the year. The company completed an annual employment engagement survey, showing solid year-over-year improvements in sales colleague job satisfaction.
New Facility and Expansion Plans
Sysco Corporation opened a new facility in Allentown, PA, and plans to open another in Tampa, Florida, this summer, to support net new business growth. Internationally, new facilities in Sweden and Ireland are on track to open in the summer.