Sysco, the number one food service marketer and distributor in North America, announced on Wednesday that net earnings for fiscal Q2 2002 showed strong like-for-like growth of 13.7%. Net earnings of $158.5 million for the quarter, which ended December 31 2001, brought overall earnings for the first six months of fiscal 2002 to $322.5 million, an increase of 13.8%.
The earnings come on the back of sales figures of $5.6 billion for the second quarter, a 5.7% improvement against the previous year, and $11.4 billion for the entire first half of the fiscal year, a rise of 7.2%.
The news sees earnings per share for Q2 grow by a healthy 14.3%, to $0.24.
