About the Company
Sysco Corporation (short for Systems and Services Company) is an American multinational corporation involved in marketing and distributing food products, smallwares, kitchen equipment and tabletop items to restaurants, healthcare and educational facilities, hospitality businesses like hotels and inns, and wholesale to other companies that provide foodservice (like Aramark and Sodexo). The company is headquartered in the Energy Corridor district of Houston, Texas. Sysco is the world's largest broadline food distributor; it has more than 600,000 clients in a wide array of fields. Management consulting is also an integral part of their services. The company operates approximately 330 distribution facilities worldwide; providing service to over 90 countries. The company was founded in 1969 by Herbert Irving, John F. Baugh, and Harry Rosenthal. The company became public on March 3, 1970. On July 20, 2009, Fortune magazine ranked Sysco No. 204 in the annual Fortune 500 companies in world based on sales volume. On May 3, 2010, Fortune ranked Sysco as the seventh largest Fortune 500 Company in Texas and 55th largest in the U.S. by total revenue. Sysco is also the largest non-oil related company in Houston and the third largest non-oil related company in Texas (behind AT&T and Dell). The company ranked No. 54 in the 2018 Fortune 500 list of the largest US corporations by total revenue.In December 2013, Sysco announced an $8.2 billion planned acquisition of its next-largest food distribution rival, US Foods. The Federal Trade Commission challenged the acquisition as a violation of the Clayton Antitrust Act that would substantially lessen competition. After the court ruled that the combined company would likely reduce competition because it would control 75% of the U.S. food service industry, Sysco terminated its merger with US Foods.
Exchange
NYSE
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
Loading the fundamentals chart...
Latest $SYY News
Sysco Is Driving More Eco-Friendly Products and Innovative Solutions Globally to Reduce Plastic and Packaging Waste
HOUSTON, April 22, 2024 (GLOBE NEWSWIRE) -- (NYSE:SYY), the leading global foodservice distribution company, is taking ...
Sysco Corp. (SYY) Stock: Navigating the Market Volatility
Russell Neil, the SVP, Corp. Affairs and CAO of Sysco Corp., sale 1,722 shares at $80.00 during a trade that took place back on Mar 06 ’24, which means that Russell Neil is holding 24,082 shares at ...
Should You Sell Sysco Corporation (SYY)?
Aristotle Capital's Value Equity Strategy featured stocks like Sysco Corporation (NYSE:SYY) in the first quarter 2024 ...
Sysco improves sustainability with product packaging
Sysco Corporation, the leading global foodservice distribution company, is taking action to improve the sustainability of product packaging.
Sysco Corporation (SYY)
HOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its third quarter fiscal year 2024 financial results at 10 a.m. EDT on ...
Sysco Corp.
Analysts say these cheap stocks have plenty of upside.
PAC Profile: Sysco Corp
*Based on data released by the Federal Election Commission on April 17, 2024 except for independent expenditure and communication cost, contributions to federal candidates, and contributions from ...
Sysco And Grainger Among 10 Companies To Announce Annual Dividend Increases In Second Half Of April
Despite the small number of announcements, investors in Costco and Procter & Gamble saw nice increases in their payouts.
SYY, CVX: 2 Best Dividend Aristocrat Stocks with Over 15% Upside, According to Analysts
Dividend Aristocrats are companies that have consistently increased their dividends for more than 25 years, making them a ...
Sysco Thanks Louisville Fire Department: $20,000 Donation, Firehouse Pantries Filled, Chef-Made Lunch for Firefighters
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational ...
Sysco Canada makes sustainability the bottom line
Together with Sysco colleagues, we are empowered to make a difference in the communities in which we live and serve by doing ...
Should You Sell Sysco Corporation (SYY)?
Aristotle Capital’s Value Equity Strategy featured stocks like Sysco Corporation (NYSE:SYY) in the first quarter 2024 investor letter. Headquartered in Houston, Texas, Sysco Corporation (NYSE ...
Loading the latest forecasts...