|Bid||84.48 x 1300|
|Ask||84.48 x 800|
|Day's Range||82.26 - 84.56|
|52 Week Range||68.05 - 91.53|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||63.42|
|Earnings Date||Jan 31, 2022 - Feb 04, 2022|
|Forward Dividend & Yield||1.96 (2.31%)|
|Ex-Dividend Date||Jun 30, 2022|
|1y Target Est||95.27|
These are the consumer staples stocks with the best value, fastest growth, and most momentum for August 2022.
On today's call, we have Kevin Hourican, our president and chief executive officer; Aaron Alt, our chief financial officer; and Neil Russell, our SVP of corporate affairs and chief communications officer. Good morning, and thank you for joining our call.
Sysco Corp (NYSE: SYY) reported fourth-quarter FY22 sales growth of 17.5% year-on-year to $19 billion, beating the consensus of $18.21 billion. The U.S. Foodservice operations sales rose 16.4% Y/Y, and International Foodservice sales grew 30.3%. Gross profit increased 18.1% Y/Y to $3.4 billion, and the gross margin expanded 10 basis points to 18.2%. The operating margin improved 51 basis points to 4%, and operating income for the quarter rose 34.6% to $766.7 million. Non-GAAP operating margin im