<p style="text-indent:0px; line-height:12px;"><span style="font-weight:bold;">Houston, TX-</span><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">By ANUK Staff<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">2.5.13</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>Sysco Corporation announced financial results for its 13 week second fiscal quarter ending December 29, 2012. Sales for both the first half of fiscal 2013 and second quarter fiscal 2013 increased by above 5%. Net earnings for the second quarter 2013 were at $221 million while earnings for the first half totaled $501million.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Highlights of the second quarter fiscal 2013 include a 5.4% increase in sales from 10.2 billion in the second quarter of 2012 to $10.8 billion - Sysco's highest second quarter on record; a 10.4% decrease in operating income from $427 million in the second quarter 2012 to $383 million in this year’s period; and an 11.6% decrease in diluted earnings per share (EPS) from $.43 in last year’s second quarter to $.38 in the second quarter 2013 before adjustments.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Net earnings for the second quarter fell by 11.5% from $250 million in the prior year to $221 million.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">In the first half of the fiscal year 2013, sales increased by 5.1% from $20.8 billion in the first half of 2012 to $21.9 billion. Also, Sysco experienced an 8% decrease in operating income from $936 million in the first half 2012 to $861 million in the first half 2013 and an 8.5% decrease in diluted earnings per share (EPS) from $.86 in last year’s first half to $.94 in the first half 2013 before adjustments.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Net earnings for the first half dropped by 8.1% from $553 million in last year’s period to $508 million.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">“We had solid case growth during the quarter, which was driven by both organic and acquisition growth," said Bill DeLaney, President and CEO. "Our 47,000 associates continued to effectively support our customers in the midst of challenging market conditions, including the impact of Hurricane Sandy."</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://www.sysco.com/" target="_new">Sysco</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
