Earnings Call Summary | Sysco Corp(SYY.US) Q3 2024 Earnings Conference
Earnings Call Summary | Sysco Corp(SYY.US) Q3 2024 Earnings Conference
The following is a summary of the Sysco Corporation (SYY) Q3 2024 Earnings Call Transcript:
以下是Sysco公司（SYY）2024年第三季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Sysco reported an enterprise sales growth of 2.7% and USFS volumes growing by 2.9% this quarter, with an 8.4% increase in its adjusted operating income and a 6.7% increase in adjusted Earnings Per Share.
The company's gross profit margin remains robust despite softer sales and case volumes.
Corporate expenses were minimized by a 5.5% reduction in SG&A expenses from last year.
International business saw notable growth with a 4.5% improvement in the top line and a 63.4% increase in adjusted operating income.
The company returned $753 million to shareholders through share repurchases and dividends.
Sysco報告稱，本季度企業銷售增長2.7％，USFS交易量增長2.9％，調整後營業收入增長8.4％，調整後每股收益增長6.7％。
儘管銷售額和案例量疲軟，但該公司的毛利率仍然強勁。
與去年相比，銷售和收購費用減少了5.5％，從而將公司支出降至最低。
國際業務顯著增長，收入增長了4.5％，調整後的營業收入增長了63.4％。
該公司通過股票回購和分紅向股東返還了7.53億美元。
Business Progress:
業務進展：
Sysco is focused on enhancing its local case growth and improving overall expense management with a productive supply chain.
Intent on hiring approximately 400 new sales professionals by year-end to drive volume and profitability.
Progress noted in supply chain improvements which include better retention, increased productivity, and optimized transportation metrics, all contributing to higher net promoter scores.
The company is betting on international operations to serve as a future growth catalyst.
Sysco's cost out target for FY2024 has been upped to more than $120 million following incremental actions to combat lower than expected volume in Q3.
Sysco's initiatives in lowering food costs and improving brand offerings are set to improve profitability and market penetration.
The company plans to provide value-added solutions targeting cost savings in restaurants while providing their national customers with a variety of vendor programs.
Sysco's finance team has contributed significantly to underwriting profitable business acquisitions while cost savings have been achieved through a reduction in corporate positions and ongoing supply chain productivity improvements.
Looking forward, Sysco's priority includes successful integration of new Mergers and Acquisitions to realize synergies, especially the Edward Don integration, and continued optimization efforts in supply chain.
Sysco專注於通過富有成效的供應鏈促進其本地案例增長和改善整體費用管理。
打算在年底之前招聘約400名新的銷售專業人員，以提高銷量和盈利能力。
在供應鏈改善方面取得的進展，包括提高留存率、提高生產率和優化運輸指標，所有這些都有助於提高淨推薦值。
該公司押注國際業務將成爲未來的增長催化劑。
在第三季度逐步採取措施應對低於預期的銷量之後，Sysco的 FY2024 成本目標已提高至1.2億美元以上。
Sysco在降低食品成本和改善品牌產品方面的舉措將提高盈利能力和市場滲透率。
該公司計劃提供增值解決方案，旨在節省餐廳的成本，同時爲其全國客戶提供各種供應商計劃。
Sysco的財務團隊爲承保盈利的業務收購做出了重大貢獻，同時通過減少公司頭寸和持續提高供應鏈生產率來節省成本。
展望未來，Sysco的優先事項包括成功整合新的併購以實現協同效應，尤其是Edward Don的整合，以及供應鏈的持續優化工作。
More details: Sysco Corp IR
更多詳情： Sysco 公司投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。