Revenue: $20.48 billion (YoY +5.7%, QoQ 0.0%)
Gross Profit: $3.75 billion (YoY +3.99%, QoQ 0.0%)
Operating Income: $808 million (YoY +11.9%, QoQ 0.0%)
Net Income: $490 million (YoY +15.38%, QoQ 0.0%)
EPS: $1.00 (YoY +17.65%, QoQ 0.0%)
The stabilization of revenues quarter-on-quarter suggests that the expected seasonality in the industry did not impact Sysco negatively. Key management commentary highlighted a focus on operational efficiencies which have driven improved profit margins even amidst rising operational costs. The operating income margin stands at 3.94%, indicative of effective cost management strategies compared to the previous period.