Sysco, a leading North American foodservice marketer and distributor, today [Friday] announced real sales growth of 6% for the first 11 weeks of its fiscal year 2003 compared to the same period in fiscal 2002.
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The company will also submit its CEO and CFO certifications to the Securities and Exchange Commission by Friday, 27 September, as required.
Charles H. Cotros, Sysco’s chairman and chief executive officer, said: “We are very pleased that our sound and proven strategies, including appropriate customer mix and sales to marketing associate-served customers, continue to produce sales increases and market share gains. Strategic acquisitions we have made also are contributing to our strong performance, and I am optimistic about the results we will generate for the first quarter of fiscal 2003 that ends 28 September, 2002.”
Cotros also commented on Sysco’s certification of results as required by the Securities and Exchange Commission.
“Our fiscal year end occurs in the middle of the calendar year. As a result, our Form 10-K is not due until the end of September. The SEC’s new rules require us to certify that report. Our employees, shareholders, customers and suppliers can expect a clean certification of results statement on that day.”
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