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Sysco Corporation  (SYY)
Other Ticker:  
 
    Sector  Retail    Industry Wholesale
   Industry Wholesale
   Sector  Retail
 
Price: $76.7200 $1.08 1.428%
Day's High: $76.02 Week Perf: 1.41 %
Day's Low: $ 75.81 30 Day Perf: -4.88 %
Volume (M): 114 52 Wk High: $ 82.89
Volume (M$): $ 8,635 52 Wk Avg: $73.40
Open: $75.75 52 Wk Low: $62.23



 Market Capitalization (Millions $) 38,815
 Shares Outstanding (Millions) 506
 Employees 71,000
 Revenues (TTM) (Millions $) 77,512
 Net Income (TTM) (Millions $) 2,082
 Cash Flow (TTM) (Millions $) 510
 Capital Exp. (TTM) (Millions $) 830

Sysco Corporation
Sysco Corporation, acting through its subsidiaries and divisions, is the largest North American distributor of food and related products primarily to the foodservice or "food-prepared-away-from-home" industry. Founded in 1969, SYSCO provides its products and services to approximately 400,000 customers, including restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers.


SYSCO, which was formed when the stockholders of nine companies exchanged their stock for SYSCO common stock, commenced operations in March 1970.

The foodservice industry consists of two major customer types -- "traditional" and "chain restaurant." Traditional foodservice customers include restaurants, hospitals, schools, hotels and industrial caterers. SYSCOs chain restaurant customers include regional and national hamburger, sandwich, pizza, chicken, steak and other chain operations.

Services to the companys traditional foodservice and chain restaurant customers are supported by similar physical facilities, vehicles, materials handling equipment and techniques, and administrative and operating staffs.

Products distributed by the company include a full line of frozen foods, such as meats, fully prepared entrees, fruits, vegetables and desserts, and a full line of canned and dry foods, fresh meats, imported specialties and fresh produce. The company also supplies a wide variety of non-food items, including paper products such as disposable napkins, plates and cups; tableware such as china and silverware; restaurant and kitchen equipment and supplies; and cleaning supplies. SYSCOs operating companies distribute both nationally-branded merchandise and products packaged under SYSCOs private brands.

The company believes that prompt and accurate delivery of orders, close contact with customers and the ability to provide a full array of products and services to assist customers in their foodservice operations are of primary importance in the marketing and distribution of products to traditional customers. SYSCOs operating companies offer daily delivery to certain customer locations and have the capability of delivering special orders on short notice.


Through the more than 13,500 sales and marketing representatives and support staff of SYSCO and its operating companies, SYSCO stays informed of the needs of its customers and acquaints them with new products and services. SYSCOs operating companies also provide ancillary services relating to foodservice distribution such as providing customers with product usage reports and other data, menu-planning advice, food safety training and assistance in inventory control, as well as access to various third party services designed to add value to our customers businesses.

COMPETITION

The business of SYSCO is competitive with numerous companies engaged in foodservice distribution. While competition is encountered primarily from local and regional distributors, a few companies compete with SYSCO on a national basis. The company believes that, although price and customer contact are important considerations, the principal competitive factor in the foodservice industry is the ability to deliver a wide range of quality products and related services on a timely and dependable basis.



   Company Address: 1390 Enclave Parkway Houston 77077 TX
   Company Phone Number: 584-1390   Stock Exchange / Ticker: NYSE SYY
   SYY is expected to report next financial results on April 30, 2024. Next quarterly dividend pay out on April 26, 2024.


Customers Net Income fell by SYY's Customers Net Profit Margin fell to

-41.47 %

4.02 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BABB     
CAG        2.92% 
GIS        4.59% 
SJM        4.17% 
• View Complete Report
   



Product Service News

Sysco Honors Louisville Fire Department with $20,000 Donation and Boosts Firehouse Pantries for Dedicated Firefighters

Published Fri, Mar 22 2024 8:37 PM UTC

Sysco Honors Louisville Fire Department and Boosts Firehouse Pantries with $20,000 DonationSysco, the global leader in foodservice distribution, has announced a generous donation of $20,000 to the Louisville Fire Department in recognition of their heroic bridge rescue. The company also pledged to fill firehouse pantries, ensuring that the brave firefighters have access to q...

Dividend

Sysco Corporation Declares Quarterly Dividend Payment, Demonstrating Financial Strength and Commitment to Shareholders

Published Wed, Feb 21 2024 9:30 PM UTC

Sysco Declares Quarterly Dividend Payment: A Step in the Right Direction
HOUSTON, Feb. 21, 2024 - Sysco Corporation (NYSE:SYY) has made a strategic move by announcing a regular quarterly cash dividend of $0.50 per share. The dividend is set to be payable on April 26, 2024, to common stockholders of record as of April 5, 2024. This decision reflects the company's commitme...

Sysco Corporation

Sysco Corporation Reports Impressive Fiscal Results - EPS Soars by 192.86% and Revenue Reaches $19.29 Billion

Sysco Corporation, a leading wholesale company, recently announced its impressive financial results for the fiscal interval ending December 30, 2023. The company posted notable profits, with EPS improving significantly by 192.86% to $0.82 per share. Revenue also rose moderately by 3.733% to $19.29 billion compared to the same reporting period the previous year.
However, when comparing Sysco Corporation to its peers in the wholesale sector for the second quarter of 2024, it becomes apparent that the company underperformed. While Sysco reported a revenue increase of 3.733%, its competitors experienced an average revenue advance of 10.59% in the same period compared to the previous year.

Management Announcement

Sysco's Global Purpose Month: Volunteering for Impact, Driving Financial Success

Published Tue, Dec 5 2023 1:00 PM UTC

Sysco Colleagues Volunteer Nearly 17,000 Hours During First Global Purpose Month
Sysco Corporation, a leading global foodservice distributor, recently announced the success of its Global Purpose Month initiative, where Sysco colleagues volunteered nearly 17,000 hours to give back to their local communities. This extraordinary achievement was highlighted on International ...

Dividend

Sysco Corporation Announces Increased Quarterly Dividend, Reinforcing Commitment to Shareholders

Published Thu, Nov 16 2023 9:30 PM UTC

Sysco Declares Quarterly Dividend of $0.50 per Share for Shareholders
Houston, Nov. 16, 2023 - Sysco Corporation (NYSE:SYY), the global leader in selling, marketing, and distributing food and non-food products, has recently announced its quarterly cash dividend of $0.50 per share. The dividend is payable on January 26, 2024, to common stockholders who are recorded on Jan...






 

Sysco's Segments
 
Broadline
 Segment     of total Revenue
SYGMA
 Segment     of total Revenue
Other
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Sysco does not provide revenue guidance.

Earnings Outlook
Sysco Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion
United States
Canada
Other




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