UPDATE: Sysco Posts Better-Than-Expected FQ2 Profit
February 04, 2013 at 09:52 AM EST
Sysco (NYSE: SYY ) reported an 11.5% drop in its fiscal second-quarter earnings. Sysco's quarterly profit fell to $221.4 million, or $0.38 per share, from $250.1 million, or $0.43 per share, in the year-ago period. Excluding other items, its adjusted earnings came in at $0.49 per share. Its revenue climbed