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Think Straddles For Sysco Corporation Pre-Earnings On Monday

Sysco Corporation (SYY) along with its subsidiaries and divisions, is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company provides products and related services to approximately 425,000 customers, including restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers. Sysco provides food and related products to the foodservice or food-away-from-home industry. It is reporting earnings on Monday, August 15, right after market open:

As evident from the above, the company beat earnings estimates in 50% of time in the last eight quarters, underperforming or showing in-line results in the rest of time, and has seen modest...


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