Sysco in the news

Sysco's stock was upgraded to Buy by Wall Street Zen despite mixed fiscal 2026 results, as the company targets future growth and efficiency with an operating plan.

Sysco and Sysco Holdings completed public offerings totaling $14.65 billion and  1.0 billion in notes to fund the acquisition of Jetro Restaurant Depot.

A roundtable discussion with Congressman Pat Ryan and local restaurant owners highlighted concerns about the proposed Sysco and Restaurant Depot merger, particularly its potential negative impact on small businesses, food prices, and market competition.

Sysco Corp. stock performed worse than its competitors on Monday.

Eastern Bank grew its holdings in Sysco Corporation, which reported strong quarterly earnings and declared a dividend, while analysts maintain a "Moderate Buy" rating.

Sysco Corporation was honored with the Southern Smoke Foundation Hall of Flame Award for its financial contributions and product donations supporting food and beverage industry workers.

Sysco's stock dropped, but analysts predict a 17.6% upside, while the company reported mixed 2026 fiscal results and is funding the Jetro Restaurant Depot acquisition through a stock offering.

Sysco raised its medium-term sales and EPS growth targets and initiated an AI-powered efficiency program to achieve significant cost savings by fiscal 2029.

Sysco's stock rating was upgraded to "buy" by Wall Street Zen, following a quarter where earnings and revenue exceeded analyst expectations.

Sysco's chief legal officer earned over $4 million in compensation during her first year as a named executive.

Sysco Director Daniel J. Brutto acquired 63 shares of common stock in lieu of cash retainer fees, increasing his direct holdings to 38,792.532 shares.

US legislators and independent restaurants are stepping up opposition to Sysco's proposed acquisition of Restaurant Depot, citing concerns over competition and potential price increases.

Sysco, the largest US foodservice distributor, supplies food and nonfood products to 730,000 customer locations, with restaurants representing 60% of its fiscal 2025 revenue.

Sysco's Chief Legal Officer, Jennifer Schott, earned over $4 million in compensation during her initial year in the role.

Sysco is leveraging detailed Scope 3 emissions data to strategically optimize its procurement processes, reduce costs, and enhance sustainability across its global supply chain.

Sysco reaffirmed fiscal 2027 guidance and targets at least $500 million in AI-powered efficiency savings by fiscal 2029.

Sysco CEO's compensation increased by 9.33% to $17.9 million in 2026, alongside insider trading, significant government contracts, and mixed institutional investor activity.

Sysco's stock is trading at EUR 69.40 as it secures C$1.5 billion in funding for the acquisition of Jetro Restaurant Depot, while JPMorgan revises its price target.

Sysco issued debt to fund a major acquisition, leading to varied share price performance and mixed valuation signals despite analyst views of undervaluation.

Sysco GB introduced 'One Planet One Table', a platform helping hospitality businesses source products with third-party sustainability certifications.