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Foodservice company $SYY reported an increase in net earnings to $272MM or $0.48 per share in 2Q16 compared to $158MM or $0.27 per share in 2Q15 helped by lower operating expenses. Net earnings rose 72.4% and diluted EPS rose 77.8% from last year. Sales grew 0.6% to $12.2Bil. Adjusted net earnings were $275MM and adjusted diluted EPS was $0.48.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.