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Donald Yacktman Comments on Sysco Corp

September 09, 2013 | About:

Sysco Corporation (SYY)’s stock fell modestly after the company reported weak earnings. Its restaurant clients continue to face slow traffic, which has led to margin pressure for Sysco. We think the shares will respond positively over time as its customers recover and unusually high expenses for an implementation of an SAP software system decline.

From the Yacktman Funds' second quarter 2013 commentary.

Rating: 3.0/5 (1 vote)

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