HOUSTON, Nov. 4, 2013 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced financial results for its 13-week first fiscal quarter ended September 28, 2013. First Quarter Fiscal 2014 Highlights
- Sales were $11.7 billion, an increase of 5.7% from $11.1 billion in the first quarter of fiscal 2013.
- Operating income was $478 million, which was flat compared to the prior year period.
- Diluted earnings per share (EPS) were $0.48, which was 2.0% lower compared to $0.49 in last year's first quarter.
- After adjusting for certain items, which mainly related to restructuring charges, adjusted 1 diluted EPS was $0.49 which was flat compared to the prior year. After further adjusting for business transformation expenses, to reflect the performance of the company's underlying business, adjusted diluted EPS was $0.56, compared to $0.58 in the prior year period.