Sysco Exec Says Corporate Expenses Were Down 10% YoY In The Quarter
Portfolio Pulse from Benzinga Newsdesk
Sysco Corporation reported a 10% year-over-year decrease in corporate expenses for the quarter, as stated by an executive during a conference call.
July 30, 2024 | 2:10 pm
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Sysco Corporation reported a 10% year-over-year decrease in corporate expenses for the quarter, indicating improved cost management.
The decrease in corporate expenses suggests that Sysco is effectively managing its costs, which could positively impact its profitability and investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100