Sysco Corporation (SYY)
Market Cap | 37.79B |
Revenue (ttm) | 78.02B |
Net Income (ttm) | 2.08B |
Shares Out | 497.98M |
EPS (ttm) | 4.10 |
PE Ratio | 18.51 |
Forward PE | 16.25 |
Dividend | $2.04 (2.69%) |
Ex-Dividend Date | Jul 5, 2024 |
Volume | 1,862,202 |
Open | 75.88 |
Previous Close | 75.56 |
Day's Range | 75.51 - 76.16 |
52-Week Range | 62.24 - 82.89 |
Beta | 1.16 |
Analysts | Buy |
Price Target | 85.11 (+12.15%) |
Earnings Date | Apr 30, 2024 |
About SYY
Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood products; d... [Read more]
Financial Performance
In 2023, Sysco's revenue was $76.32 billion, an increase of 11.20% compared to the previous year's $68.64 billion. Earnings were $1.77 billion, an increase of 30.27%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for SYY stock is "Buy." The 12-month stock price forecast is $85.11, which is an increase of 12.15% from the latest price.
News
Sysco Celebrates Growth of Electric Fleet to Nearly 120 EVs Across Four Countries
Featured delivery of 10 electric heavy-duty tractors at an event in Sysco's hometown city, Houston, TX Featured delivery of 10 electric heavy-duty tractors at an event in Sysco's hometown city, Housto...
Sysco Celebrates Arrival of Heavy-Duty Electric Vehicles in Its Headquarters City of Houston, TX, Growth of Electric Fleet Globally
HOUSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Sysco is hosting a news conference to celebrate the arrival of new heavy duty electric vehicles to the company's hometown Houston distribution facility, the f...
Sysco chairman steps down following Q3 earnings report
Sysco Corp (NYSE: SYY) is in the red at writing after coming in shy of Street estimates for revenue in its fiscal third quarter. Sysco names Kevin Hourican its new chairman The food products company ...
Sysco Reports Third Quarter Operating Income and EPS Growth
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week third fiscal quarter ended March 30, 2024.
Sysco Declares Increase to Quarterly Dividend
HOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a $0.01 increase in the quarterly cash dividend to $0.51 per share fro...
Sysco Honors Louisville Fire Department for Heroic Bridge Rescue by Filling Firehouse Pantries, Donating $20,000 to Annual Award Banquet
Sysco President and CEO Kevin Hourican announced the generous donation at a news conference with Louisville Mayor Craig Greenberg and Louisville Fire Chief Brian O'Neill Sysco President and CEO Kevin ...
Sysco CEO Kevin Hourican, Louisville Mayor Craig Greenberg, Louisville Fire Chief Brian O'Neill Announce Sysco Donations to Honor Heroic Bridge Rescue
LOUISVILLE, Ky., March 21, 2024 (GLOBE NEWSWIRE) -- WHAT: On Friday, March 22, 2024, at 11:45 am ET, Sysco CEO Kevin Hourican, Louisville Mayor Craig Greenberg and Louisville Fire Chief Brian O'Neill ...
Sysco Declares Quarterly Dividend Payment
HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.50 per share, payable on April 26, ...
Sysco Stock Soars as Earnings Beat Estimates on Sales Growth, Positive Operating Leverage
Shares of Sysco Corp. (SYY) were sharply higher in early afternoon trading Tuesday after the biggest food distributor to restaurants in the U.S. posted better-than-expected profit on higher volumes an...
Sysco Reports Second Quarter EPS Growth, Driven By Increasing Volumes and Positive Operating Leverage
HOUSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week second fiscal quarter ended December 30, 2023.
Sysco to Release Second Quarter Fiscal Year 2024 Financial Results on January 30
HOUSTON, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its second quarter fiscal year 2024 financial results at 10 a.m. EDT on Tuesd...
Sysco and iFoodDS to Explore Flexible Network Solutions for FSMA 204 Food Traceability Rule Compliance
HOUSTON and SEATTLE , Dec. 18, 2023 /PRNewswire/ -- Today, Sysco Corporation (NYSE: SYY), and iFoodDS announced a proof-of-concept project to explore solutions that enable Sysco and its diverse suppli...
Sysco Colleagues Volunteer Nearly 17,000 Hours During First Global Purpose Month
HOUSTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, announced today that its colleagues volunteered nearly 17,000 hours during...
Sysco Launches One Planet. One Table.
New capabilities in Sysco Shop make it easier for customers to identify and add more sustainable options to menus with over 3,000 products across 15 categories New capabilities in Sysco Shop make it e...
Sysco to Webcast Presentation at the 2023 Morgan Stanley Global Consumer & Retail Conference
HOUSTON, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the 2023 Morgan Stanley Global Consumer & Retail Conference on...
Sysco Reports First Quarter Sales and Operating Income Growth; Reiterates Fiscal Year 2024 Guidance
HOUSTON, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week first fiscal quarter ended September 30, 2023.
Sysco Forklift Operator Receives Top Honors at the 2023 IFDA National Championship
HOUSTON, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today that Antonio “Tony” Garcia, Forklift Operator from Sysco ...
Sysco Breaks Ground on New Facility in Mesa, Arizona
$102 Million Investment Will Bring 257 New Jobs and a 353,600 Square Foot Facility to the Community $102 Million Investment Will Bring 257 New Jobs and a 353,600 Square Foot Facility to the Community
Sysco Announces Plans to Acquire Leading Equipment & Supplies Distributor Edward Don & Company
HOUSTON, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) announced today it has agreed to acquire Edward Don & Company (DON), a leading distributor of foodservice equipment, supplies, a...
Sysco to Release First Quarter Fiscal Year 2024 Financial Results on October 31
HOUSTON, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its first quarter fiscal year 2024 financial results at 10 a.m. EDT on Tuesda...
These 3 Risk Off Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Coca-Cola (NYSE:KO), PepsiCo (NASDAQ:PEP)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Sysco Central Alabama Recognizes Natonia Smith, Industrial Athlete Headed to IFDA National Championship
CALERA, Ala., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sysco Central Alabama announced today that Natonia Smith, Forklift Operator, will represent Sysco at the International Foodservice Distributors Associa...
Sysco Las Vegas Recognizes Randall Bennett, Industrial Athlete Headed to IFDA National Championship
LAS VEGAS, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sysco Las Vegas announced today that Randall Bennett, Delivery Driver, will represent Sysco at the International Foodservice Distributors Association (IFD...
Sysco Kansas City Recognizes Luis Escribano, Industrial Athlete Headed to IFDA National Championship
KANSAS CITY, Kan., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sysco Kansas City announced today that Luis Escribano, Warehouse Selector, will represent Sysco at the International Foodservice Distributors Asso...