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Sysco Reports Strong Fourth Quarter and Fiscal Year 2016 Results

Sales for the fourth quarter were $13.6 billion, an increase of 10.0% compared to the same period last year. Overall food cost deflation was 1.2% (0.9% in U.S. broadline), as measured by the estimated change in Sysco’s product costs, with deflation in the meat and dairy categories partially offset by modest inflation in other categories.

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