Group 1 - Sysco Corporation has announced a partnership with the MICHELIN Guide, becoming the official wholesale food distributor for the prestigious culinary event [1][2] - The collaboration will be celebrated at the 2025 MICHELIN Guide Florida Ceremony in Orlando on April 17, showcasing Sysco's high-quality products and culinary expertise [2][3] - Sysco aims to support chefs with top-quality ingredients and resources, enhancing the dining experience in Florida's dynamic restaurant scene [3][4] Group 2 - Sysco is the global leader in food distribution, operating 340 distribution centers across over 10 countries and serving approximately 730,000 customer locations [6][7] - The company generated sales exceeding $78 billion in fiscal year 2024, indicating its significant market presence and operational scale [6] - Sysco offers customized supply chain solutions and culinary support, helping customers innovate and optimize their operations in the food service industry [7]

HOUSTON, April 08, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its third quarter fiscal year 2025 financial results at 10 a.m. EDT on Tuesday, April 29, 2025. All interested parties are invited to listen online at investors.sysco.com. Prior to the conference call and webcast, the company will also issue a news release and post a slide presentation in the investor relations section of its website. A replay of the webcast will be available online sh ...

Core Insights - Sysco Corporation (SYY) is currently trading at a discount compared to its historical and industry benchmarks, with a forward 12-month price-to-earnings ratio of 15.29, below its median level of 16.04 and the industry's average of 16.22, indicating potential undervaluation and an attractive opportunity for investors [1] - The company's Value Score of B suggests potential for long-term growth [1] Stock Performance - SYY shares have declined by 3% over the past three months, while the industry and S&P 500 index saw declines of 0.4% and 3.7%, respectively [4] - Currently trading at $74.04, SYY is 10% below its 52-week high of $82.23, presenting a compelling opportunity for value-focused investors [4] Strategic Initiatives - Sysco is enhancing efficiency through supply-chain optimization and cost-containment efforts, including a performance-based sales compensation model introduced on July 1, 2024, aimed at driving sales growth and new customer acquisitions [6] - The company is prioritizing innovation and tailored solutions for its diverse customer base, which supports long-term growth and profitability [7] Financial Performance - In the second quarter of fiscal 2025, U.S. Foodservice operations experienced a 4.1% sales increase, with total case volumes rising by 1.4%, while the International Foodservice segment posted a 3.6% sales increase [7] - Sysco's strategic acquisitions in Ireland and Great Britain have strengthened its specialty capabilities in produce and protein, enhancing its distribution network and customer reach [8] Challenges - Sysco faces inflationary pressures, with product cost inflation rising by 2.1% in the second quarter of fiscal 2025, driven by higher dairy and poultry prices [9] - A notable decline in restaurant traffic, which dropped by 2% in the fiscal second quarter, has affected local case volume within U.S. Foodservice, decreasing by 0.9% year over year [10]

Group 1 - Sysco Corporation's stock experienced a rally of over 3% recently, driven by technical factors rather than specific news [1] - The technical analysis team has identified Sysco as the Stock of the Day, indicating potential for continued upward movement [1][6] - The stock reversed off a support level around $70.00, which has historically been a strong support point [3] Group 2 - Long-term challenges for Sysco include concerns over tariffs and inflation, which have led to a significant drop in consumer confidence [2] - The consumer confidence index has fallen to a four-year low, with future expectations at their lowest in 12 years, potentially impacting Sysco's food service business [2] - Dining out is often one of the first expenses consumers cut during tough economic times, which could affect Sysco's main customer base of restaurants [2]

Core Insights - Sysco's recent Fiscal Q2 2025 earnings results will be analyzed alongside its historical fundamentals using the 9 Pillar Analysis [1] - The analysis will also cover Sysco's market position and potential investment opportunities based on its valuation [1] Financial Performance - The focus will be on Sysco's earnings results for Fiscal Q2 2025, highlighting key financial metrics and performance indicators [1] - Historical fundamentals will be evaluated to assess the company's long-term growth potential [1] Investment Perspective - The analysis is geared towards identifying undervalued companies with significant upside potential, particularly for long-term dividend investors [1] - The intention is to provide insights that could lead to investment opportunities in Sysco's shares [1]

HOUSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation, the leading global foodservice distribution company, has appointed Jennifer Kaplan Schott to the position of Executive Vice President, Chief Legal Officer, effective April 1, 2025. “I’m delighted to welcome Jennifer to our executive leadership team,” said Kevin Hourican, Chair of the Board and Chief Executive Officer, Sysco. “Jennifer’s extensive experience across multiple fields of law, and in complex multinational businesses, make her the ideal ...

Core Points - Sysco Corporation has recalled frozen supplemental shakes due to a Listeria monocytogenes outbreak and has halted purchases of other products supplied by Lyons Magnus from a specific facility [1][2] - The company is actively removing recalled items from its inventory and notifying affected customers while cooperating with relevant agencies [2] - Sysco emphasizes its commitment to food safety and quality assurance, stating that it continuously works with suppliers to meet rigorous safety standards [3][4] Company Overview - Sysco is a leading global foodservice distribution company, generating over $78 billion in sales for the fiscal year 2024, which ended on June 29, 2024 [5] - The company operates 340 distribution centers across more than 10 countries, serving approximately 730,000 customer locations with a workforce of 76,000 employees [5] - Sysco provides customized supply chain solutions and culinary support to help customers innovate and optimize their operations [6]

HOUSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the CAGNY 2025 Conference on Tuesday, Feb. 18, 2025, at 3:00 p.m. EST. The live webcast for the event can be accessed at investors.sysco.com. An archived replay of the webcast will be available shortly after the live event is completed. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations section of its website, fo ...

Group 1 - Truist Securities analyst Jake Bartlett reiterated a Buy rating on Sysco Corp (SYY) shares and lowered the price forecast from $85 to $83 [1] - For the second quarter, adjusted EBITDA was $969 million, slightly below the analyst's estimate of $975 million and the consensus of $973 million, primarily due to operating costs [1] - Total sales reached $20.151 billion, close to the analyst's estimate of $20.218 billion and the consensus of $20.097 billion, while EPS of $0.93 exceeded both estimates of $0.92 [2] Group 2 - US Foodservice (USFS) case growth slowed to 1.4%, down from 2.7% in the first quarter, despite an improvement in restaurant traffic by approximately 200 basis points [2][3] - The analyst expects USFS case growth to improve due to macro tailwinds, enhanced sales team stability, and a stronger sales force [3] - Concerns have been raised about ongoing weakness in local case growth, which is critical for stock performance in the coming quarters [5] Group 3 - The analyst remains optimistic about Sysco's initiatives to boost sales and expand margins, which could drive accelerated EBITDA growth [4] - However, the company's relatively weak independent case growth compared to restaurant traffic trends limits expectations for significant stock upside [4] - The analyst anticipates a return to positive local case growth by the first half of 2026, aligning with investments in the sales force [6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-6544 ________________ Sysco Corporation (Exact name of registrant as specified in its charter) Delaware 74-1648137 (State or other jurisdiction ...