November 6, 2009 — Sysco Corp.'s first-quarter net income rose 18 percent to US$326.2 million, or 55 cents a share, according to several sources, including Market Watch.com.

Sales fell to $9.1 billion from $9.9 billion, an 8 percent drop, according to KamCity.com. The company's sales were affected by food cost deflation, which affected its ability to raise prices. Profits, however, were boosted by cost-cutting measures, such as lowering headcount, bonuses, and commissions, KamCity said.