Items Tagged with 'fiscal year'

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Sysco Foodservice Truck Fiscal Year Q4 2021 Results Rebound

Sysco Reports Strong Q4 Results, Slightly Down Overall for Fiscal Year 2021

Q4 numbers reflect current foodservice rebound, FY 2021 overall carries the financial cost of pandemic shutdowns.
August 10, 2021

Sysco reported Q4 sales of $16.1 billion, an increase of 82.0% year-over-year. Gross profit also rose 86.2% during that time to $2.9 billion, reflecting the current rebound of foodservice as pandemic restrictions were gradually lifted throughout 2021. The overall numbers for fiscal year 2021 show a decrease in sales (-3%) and profits (-5.5%), since foodservice was still struggling to come back from Q1 to Q3 due to shutdowns for most of 2020.


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US Foods 2020 Sales Profit Decrease Foodservice Shutdowns Pandemic

US Foods Reports Q4 and Full Earnings for Fiscal Year 2020

Foodservice shutdowns due to the pandemic led to an 11.8% decrease in net sales and an 18.9% decrease in gross profit for 2020.
February 16, 2021

Foodservice shutdowns due to the pandemic led to an 11.8% decrease in net sales and an 18.9% decrease in gross profit for 2020.


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