Food distributor Sysco Corp beat first-quarter revenue estimates on Tuesday, helped by steady demand for its specialty ...
Sysco continues its growth trajectory with sales and adjusted EPS increases, although margin compression remains a concern.
The company's first-quarter net sales rose 4.4% to $20.48 billion from a year ago, topping analysts' average estimate of ...
Foodservice giant Sysco Corporation has acquired Campbell’s Prime Meat, a meat and fish supplier based in Scotland. Campbell’s Prime Meat, a family-owned business established over 100 years ago, ...
Foodservice distribution is highly fragmented, with Sysco holding just 17% share as the leader of the roughly $370 billion US market. However, we think its dominance is far stronger than share alone ...
Edward Kelly, an analyst from Wells Fargo, maintained the Buy rating on Sysco (SYY – Research Report). The associated price target was ...
However, the company has been facing pressure from the still-elevated prices of packaged and fresh food products, even as supply chain constraints and input costs ease from their peaks.
Sysco, which focuses on the sale, marketing and distribution of food products to various establishments, has a global presence with over 76,000 employees and 340 distribution facilities.
Bank of America Securities analyst Kendall Toscano maintained a Buy rating on Sysco (SYY – Research Report) today. The company’s ...
Sysco GB has added Scottish specialist meat supplier Campbell Prime’s Meat into its fold, acquiring the business for an undisclosed sum.