(Sysco earnings article updated with comments from CEO DeLaney.)HOUSTON ( TheStreet) -- Sysco ( SYY) beat top-line expectations but quarterly earnings come up short on a decline in gross profit margin and higher pension costs.
Sysco increased its quarterly dividend 6% to $0.33 per share.
Here are Wednesday's top research calls, including upgrades for Disney, Fitbit and Fossil, and downgrades for Lululemon Athletica and Sysco.
Here are Wednesday's top research calls, including upgrades for F5 Networks, U.S. Steel, Lockheed Martin and Sysco, and downgrades for GoPro, Kansas City Southern, Globus and Constellation Brands.