Sysco Corp is a leading global distributor of food products and supplies, primarily serving the food service industry, which includes restaurants, healthcare facilities, schools, and other institutional customers
The company offers a comprehensive range of products, including fresh and frozen foods, meats, seafood, produce, as well as non-food items like kitchen equipment and cleaning supplies. Sysco focuses on providing innovative solutions and personalized services to help its clients succeed, ensuring they receive high-quality products and reliable delivery. With a vast network of distribution centers and a strong presence in various markets, Sysco plays a critical role in the food supply chain, supporting its customers' operational needs and enhancing their dining experiences.
Sysco Corp's second-quarter earnings showed slight misses in adjusted EBITDA, totaling $969 million, and a minor decline in case growth for US Foodservice. Despite challenges, a lower tax rate contributed to EPS of $0.93.
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HOUSTON, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSESYY) (“Sysco” or the “company”) today announced financial results for its 13-week second fiscal quarter ended December 28, 2024.
BofA analysts expect moderate growth in the restaurant industry in 2025, with certain shifts due to post-Covid behaviors. Starbucks and Sysco receive positive ratings, while Restaurant Brands and Krispy Kreme see downgrades.
Teamsters have not been serious about reaching an agreement, Sysco calls on union to reach an agreement to avoid strikes that harm colleagues and the community
HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSESYY) will host a conference call and webcast to discuss its second quarter fiscal year 2025 financial results at 10 a.m. EDT on Tuesday, Jan. 28, 2025.
HOUSTON, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSESYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.51 per share, payable on Jan. 24, 2025, to common stockholders of record at the close of business on Jan. 3, 2025.
HOUSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSESYY) today announced that the Company will webcast its presentation at the 2024 Morgan Stanley Global Consumer & Retail Conference on Tuesday, December 3, at 8:00 a.m. ET.
HOUSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSESYY), the world’s largest food distributor, announced today its new partnership with the MICHELIN Guide, becoming the official wholesale food distribution partner for the MICHELIN Guide Texas ceremony. This collaboration will bring Sysco’s high-quality, premium products and culinary expertise to the most celebrated culinary event.
Sysco Corp (NYSESYY) Q1 results show sales of $20.50B, up 4.4%, but earnings per share miss expectations. Cash balance at $733M, FY25 outlook reiterated.
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSESYY) (“Sysco” or the “company”) today announced financial results for its 13-week first fiscal quarter ended September 28, 2024.