<p> Sysco Corporation has released its financial results for its 13-week first fiscal quarter ended September 28, 2013.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> For Q1 2014, Sysco reports that its net sales were $11.7 billion, an increase of 5.7% from $11.1 billion in Q1 2013. Other highlights from the report indicate that operating income was $478 million, which was flat compared to the prior year period, according to a press release. Diluted earnings per share (EPS) were $0.48, which was 2.0% lower compared to $0.49 in last year’s first quarter.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Bill Delaney, Sysco’s President and CEO, comments, “Our first quarter results were achieved in a market environment that remains very challenging for many of our customers, especially those who operate in the casual dining restaurant segment. While overall sales growth compared to the prior year was solid, gross profit growth was modest.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Looking forward, Delaney indicates that strong execution of both the company’s busness plan and key strategic initiatives will be paramount to providing the best in class service to its customers and achieving its financial objectives for fiscal 2014.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://investors.sysco.com" target="_new"> Sysco </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
