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Sysco (NYS: SYY) carries $1.8 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road. Could this ...
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 ...
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 ...
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Sysco also sells restaurant equipment and supplies, which makes it a one-stop shop for all of its customers' needs. The company currently operates 193 distribution facilities that serve over ...
Sysco (NYS: SYY) , not to be confused with the networking company Cisco Systems, is the nation's largest food distributor. ... Old Navy's Break a Sweat Sale has activewear from $2 — shop our top ...
To help finance the A.E. Staley acquisition, Tate & Lyle pre-sold CFS Continental to the foodservice giant Sysco for $360 million. Not forgetting the owners had to give over 50% of their profit to taxes and debt. Sysco generated sales of $3.7 billion (1987) and CFS Continental generated sales of $2.4 billion (1987).
Sysco Corporation (SYY) is gaining on its Recipe for Growth plan, which involves five strategic priorities. However, high labor and transport costs pose threat to margins.