Sysco Corporation (SYY), headquartered in Houston, Texas, is a global leader in foodservice distribution. With a market cap of $37.63 billion, Sysco provides various food products, kitchen equipment, and related services to restaurants, healthcare facilities, and hospitality businesses worldwide. The company is set to release its Q1 earnings before the market opens on Tuesday, Oct. 29.
Ahead of the event, analysts expect SYY to report a profit of $1.14 per share, up 6.5% from $1.07 in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in all of the last four quarters.
