Press release article from our research archive:
|
|
SYSCO Reports 8 Percent EPS Growth on 12 Percent Sales Increase for FY 1999 Second Quarter.
- Article from:
-
PR Newswire
- Article date:
-
January 13, 1999
|
Copyright informationCOPYRIGHT 1999 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
HOUSTON, Jan. 13 /PRNewswire/ -- SYSCO Corporation (NYSE: SYY) today reported that basic and diluted earnings per share increased 8.3 percent to $0.26 for the fiscal 1999 second quarter ended December 26, 1998. For the same period last year, earnings per share were $0.24 before a one-time charge of $28 million taken to comply with a ruling of the Financial Accounting Standards Board. Sales for the second quarter were $4.2 billion, an increase of 12 percent above sales of $3.8 billion in the second quarter of fiscal 1998. Net earnings reached $86.4 million, which was 3 percent more than last year's second quarter net income of $83.6 million before the accounting change. ...
Related newspaper, magazine, and journal articles:
|
Oi of Brazil earns a profit due to accounting change.(BRAZIL)(Brief...
Latin America Telecom;
December 1, 2005 ;
220 words
......incumbent Telemar, made an accounting change during the third quarter...Had it not been for the accounting change, the operator would have...its customer base by 10.7 percent; from the beginning of the...that figures climbs to 30 percent. The market average for the year stands at 22 ...
|
|
Accounting change deflates Sears profit
Chicago Sun-Times;
April 25, 1989 ;
394 words
......down 63.7 percent from year...million by an accounting change for income...Without the accounting change, Sears said...been up 56.3 percent against year-a...before the accounting change, up 44.7 percent. The company...
|
|
Nike reports first quarter earnings per share up 21 percent before prior...
PR Newswire;
September 18, 2003 ;
700+ words
......US$0.81 before accounting change a year ago...increased eight percent to US$3.0 billion...increased eight percent to US$3.0 billion...share before accounting change in the prior...gross margin percentage in our recent...delivering 21 percent growth in earnings...before ...
|
|
Nike Reports First Quarter Earnings Per Share Up 21 Percent Before Prior...
PR Newswire;
September 18, 2003 ;
700+ words
......quarter revenues increased eight percent to $3.0 billion, versus $2...81 per diluted share before accounting change in the prior year. (Logo...achieving the highest gross margin percentage in our recent history and...totaling $3.7 billion, 10.5 percent higher than such orders reported...
|
|
Last-minute deal fixes E-rate budget ; Congress delays an accounting...
Portland Press Herald (Maine);
December 10, 2004 ;
614 words
......to delay the accounting change until the end...discounts of 20 percent to 90 percent...figure grew to 92 percent by 2002. Maine...received. The accounting change in July created...Because of the accounting change, the Universal...Snowe. If the accounting ...
|
|
Coke Bottler Loses $324 Million, Jolted by Accounting Change.
The Atlanta Journal-Constitution (Atlanta, Georgia) (via Knight-Ridder/Tribune Business News);
January 24, 2002 ;
700+ words
......stemmed from the accounting change. Sales volume grew by 1.5 percent for the year...accounts for 75 percent of CCE's sales. Without the accounting change and some nonrecurring...more than 10 percent. Analysts said the accounting change was a factor...
|
|
Accounting change helps boost LVMH net. (LVMH Moet-Hennessy Louis Vuitton,...
WWD;
March 22, 1991 ;
326 words
...ACCOUNTING CHANGE HELPS BOOST LVMH NET PARIS...Louis Vuitton scored a 15 percent increase in 1990 net profit...26.8 million), due to an accounting change. Previously, goodwill of...net would have soared 39 percent last year. The group said...profits would have grown 23 percent. ...
|
|
Staples Profits Fall on Accounting Change
AP Online;
May 20, 2003 ;
434 words
......first-quarter profits fall on an accounting change but otherwise weathered a...Tuesday said profits fell 74 percent to $25 million, or 5 cents...and a currency boost. The accounting change, which has affected earnings...86 cents, or more than 4 percent, to $18.88 in afternoon ...
|
|
Provident Financial Group, Inc. Announces Quarterly & 1998 Year-End...
PR Newswire;
January 20, 1999 ;
700+ words
......redesign efforts and an accounting change related to the gain on sale...1998, an increase of 17 percent and 18 percent respectively...cents, respectively. This accounting change increased 1998 fourth quarter...1998, an increase of 20 percent and 17 percent respectively, ...
|
|
GNP Figures Indicate a Slowdown;Half of 4.4 Percent Growth Attributed to...
The Washington Post;
June 23, 1989 ;
414 words
......economy expanded at a 4.4 percent annual rate in the first...year's drought, a one-time accounting change necessary to return expected...lackluster annual rate of 1.9 percent in the first quarter, down from 3.5 percent in the final three months...at an annual rate of 4.6 percent in ...
|
|
Maytag's Second Quarter Sales and Earnings Per Share, Exclusive of A...
PR Newswire;
July 17, 2001 ;
700+ words
......cumulative effect of accounting change, were in line with...069 billion, down 3 percent from $1.104 billion...cumulative effect of an accounting change, versus $75.7 million...2000. There were 4 percent fewer diluted shares...cumulative effect of accounting change was ...
|
|
Zale Loss Increases on Accounting Change
AP Online;
November 18, 2003 ;
195 words
......in its latest quarter as an accounting change and stock buybacks offset...open at least a year rose 1.6 percent during the quarter, while...for the period increased 1.2 percent to $417 million from $412...First Call had predicted 2.1 percent same-store sales growth and...
|
|
Tech Brief: By the Numbers Accounting Change Forces WorldCom to Dim...
International Herald Tribune;
July 6, 2001 ;
191 words
......2001 on Thursday because of an accounting change involving its investment in...WorldCom, which owns a 19 percent stake in Embratel, Brazil's...WorldCom Group will increase 12 percent to 15 percent, compared with previous forecasts...
|
|
Staples profits fall on accounting change
AP Worldstream;
May 20, 2003 ;
153 words
......first-quarter profits fell on an accounting change, even as total sales jumped 15 percent. The chain, with about 1...worldwide, said profits fell 74 percent to $25 million, or 5 cents...comparable sales increased two percent, and European revenues rose...
|
See all results.
Or, try our
Advanced Search.
|