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Sysco reiterated its full-year forecasts for the second time; it expects net sales to grow between 4% and 5% and adjusted earnings per share to grow between 6% and 7%.
In March 2018, Sysco acquired Kent Frozen Foods. [32] In 2020, Sysco acquired a 50% stake in Pacific Star Foodservice. [33] In May 2021, Sysco acquired Greco and Sons, a distributor of Italian specialty food products. [34] In the September the same year, Sysco acquired Medina Foodservice. [35] In November 2021, FreshPoint, a division of Sysco ...
It has been around since 1969 and sports a market cap of $18.96 billion. Sysco is a foodservice company that distributes its products to restaurants, health care and educational facilities ...
Sysco Corporation and its Consolidated Subsidiaries Non-GAAP Reconciliation (Unaudited) Impact of Certain Items (Dollars in Millions, Except for Share and Per Share Data) 26-Week Period Ended Dec. 28, 2024 26-Week Period Ended Dec. 30, 2023 Change in Dollars %/bps Change: Sales (GAAP) $ 40,634 $ 38,908 $ 1,726 4.4 %
What's Next For Sysco Sysco could also be looking to take market share from much smaller wholesale suppliers, especially those with high-end beef.Master Purveyors, a Bronx-based meat wholesaler ...
The food-service giants Sysco is the global leader in the sale, marketing, and distribution of food products. ... Its core market is North America, but it operates in an additional 19 countries ...
Strong international growth helped the foodservice industry giant top Wall Street's expectations, but its U.S. operations faced pressures.
Truist Securities analyst Jake Bartlett reiterated a Buy rating on the shares of Sysco Corp (NYSE:SYY) and lowered the price forecast from $85 to $83. For the second quarter, adjusted EBITDA of ...