Fellow investors,
$SYY (Sysco Corp)
In their 3rd Quarter Gross margin increased by an astonishing 44 basis points to 18.6% 😯
The increase in gross margin was due to the management team's ability to implement strategic sourcing initiatives, manage product cost inflation, and achieve positive volumes.
What I don’t like about he company is that they pay a fatty dividend - check this out 👇
Free Cash Flow as of Mar. 2024 (39 week period) was ~$860M
Dividends paid out $758
Share Buybacks $700
Net Cash for the period decreased by $273M
Any thoughts 💭 on Sysco Corporation?... Show More
