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Higher Operating Costs Leads SYSCO (NYSE:SYY) to Post 8% Earning Drop in Fourth-Quarter – SYY, CORE, NAFC, DIT

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SYSCO Corporation (NYSE:SYY) reported on Monday that earnings in the fiscal fourth-quarter moved down 8% as the food services supplier observed its costs move up amid continuing food inflation.

Sysco in June decided to purchase Crossgar Foodservice for an undisclosed …


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