Daily News All News  |  Subscribe  
Restaurant and Foodservice News
RSS
News |  Newsletters  |  Articles |  Blogs | Video |  TV |  QSR News  |  Casual Dining News  |  Onsite News  |  Chef News

Food-Cost Inflation Weighs on Sysco's Sales


Copyright: Wall Street Journal

August 16, 2011



Sysco Corp.'s sales rose slightly in the fiscal fourth quarter as the food-service distributor was faced with food-cost inflation of 5.9%. In the fourth quarter, which had one fewer week than the year-earlier period, Sysco's earnings slipped 0.4% as the food costs hurt margins. However, on a comparable 13-week basis, earnings increased 7.2%.



Read More (opens new link to source)  |   All News



Note: The story above links to an external site and was free from registration requirements at the time it was selected. Because Foodservice.com has no control over information outside of our site, the availability and status is subject to change.




Thoughts and Comments?  Post as a member of Foodservice.com or Facebook below
Note that you must be registered to leave comments. Register or Sign in.




Top Stories
1. McDonald's growth is over
2. Are Smartphones Really Ruining the Restaurant Experience? It's Doubtful.
3. The Fallacy of the "Michelin Starred Chef"
4. Study Finds Kids Prefer Healthier Lunches. School Food Lobby Refuses to Believe It.
5. Analyst: Chick-fil-A may grow faster than McDonald's
6. What's for school lunch next year? Congress hasn't decided.
7. The man behind 19 Michelin stars
8. 5 Ways to Get More Diners with Yelp
9. Getting more female chefs to the top of the food chain
10. Can France Save Its Restaurants From Fast Food Pollution?

Recent News
See The Successful Restaurant Run By Convicts
Younger Diners Pose Fast Food Challenge
Red Lobster will try fancier plate presentations in attempt to change its image
McDonald's and Franchisees Both Liable for Worker Treatment, NLRB Rules
Panera vs. Chipotle: A tale of two restaurants
Yelp data tracks popular food trends
Russia Appears Ready to Impose Sanctions on American Fast Food
The case of the $43,000 restaurant tip
Chefs Move Beyond New York
Fast food comes to standstill in China




More like this:

Sticker shock: Bacon, other pork prices rising

Food Costs Surging

Drought And Disease Surge Food Prices To New Record

US Beef Prices Skyrocket

School Turns Tons of Food into Compost, Instead of Wasting It

Beef. Consumer demand is far from disappearing, but rising prices are forcing comopanies to evolve

Meat cuts to avoid as the price of beef spikes

Technomic Sees Increasing Role for Foodservice GPOs

Restaurants face tough order locking in low beef prices

Going Green: Dining hall waste

Other Topics:

Business & Financial  (1767)

Chefs and Cooking  (1873)

Customer Service  (95)

Design  (21)

Equipment & Supplies  (27)

Food Cost Management  (64)

Food Safety  (210)

HR and Recruiting  (49)

Human Interest  (903)

Interviews  (6)

Legal  (262)

Marketing - Products  (207)

Marketing - Restaurant  (444)

Menu Development  (193)

Nutrition  (985)

Restaurant Management  (81)

Restaurant Spotlight  (87)

Sanitation  (27)

Startup  (21)

Technology  (142)

Trends  (111)

 




Copyright © 1996-2013 Foodservice.com ®. All Rights Reserved.