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Cisco Announces Q1 FY2027 Results and AI-Driven Cost Reduction Strategy

The Motley Fool +1 · ·by G4L

SYY Sysco Corp
$78.38 +1.98%
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  1. 1Sysco recorded adjusted earnings per share of $1.19 for the first quarter of fiscal year 2027.
  2. 2Sysco achieved a +2.7% growth rate in regional case sales volume for the first quarter.
  3. 3Cisco aims for $100 million in net cost savings in fiscal year 2027.

So what's the key point?

Sysco earned $1.19 per share in the first quarter and saw sales volume increase. The company plans to reduce costs by $100 million to make operations more efficient.

Source The Motley Fool +1 · View original ↗

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