Sysco Corp. SYY, +3.58% stock rose 4.5% in Tuesday premarket trading after the foodservice company reported fiscal fourth-quarter TKTKTK Net income totaled $151.1 million, or 29 cents per share, after a loss of $618.4 million, or $1.22 per share, last year. Adjusted EPS of 71 cents beat the FactSet consensus for 60 cents. Sales of $16.14 billion were up from $8.87 billion last year and also ahead of the FactSet consensus for $14.66 billion. The company says “currently [there are] no signs of Delta variant impacting demand,” and July demand is strong. Sysco stock has slipped 1.1% for the year to date while the S&P 500 index SPX, +0.07% is up 18% for the period.
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