Sysco Invests in Local Markets, Shares Slightly Overvalued
Narrow-moat Sysco posted second-quarter results that included strong sales growth of 7.1% but moderate pressure to gross and operating margins, which together still leave us confident that the firm can hit its $650 million to $700 million operating income target over the next three years (representing just under 10% a year in growth). Total sales growth consisted of 3.5% case growth (local growth was 4.8%) bolstered by inflation of just over 3%, which places the firm’s trajectory slightly above ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.