Sysco Dines on Record Sales in Fiscal First-Quarter 2013, Lines Up Acquisitions for Coming Year
Posted on November 06, 2012 at 02:59 AM EST
SUGAR LAND--November 6, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite weakening consumer sentiment in the food service and distribution industry , global leader Sysco Corporation (NYSE:SYY) (Houston, Texas) reported record quarterly sales in the first quarter of the company's fiscal year 2013, as volume gains drove growth and food cost inflation eased from the very high levels seen in most of 2012. Industrial Info is tracking $181 million in active projects involving Sysco, including the $12 million relocation of a meat processing plant to College Park, Georgia, from the current facility in northern Atlanta.