Want to join the conversation?
Food products distributor $SYY reported higher 4Q16 results, driven by higher sales and operating income and lower expenses. $SYY said net income rose 195.7% to $216MM or $0.38 per share from $73.03MM or $0.12 per share a year ago. Sales grew 9.67% to $13.6Bil. Excluding items, $SYY earned $0.64.
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.