Sysco Corporation (SYY)
| Market Cap | 34.44B |
| Revenue (ttm) | 80.57B |
| Net Income (ttm) | 1.93B |
| Shares Out | 489.23M |
| EPS (ttm) | 3.90 |
| PE Ratio | 18.03 |
| Forward PE | 14.91 |
| Dividend | $2.04 (2.90%) |
| Ex-Dividend Date | Apr 4, 2025 |
| Volume | 2,586,257 |
| Open | 71.08 |
| Previous Close | 71.43 |
| Day's Range | 70.01 - 71.29 |
| 52-Week Range | 69.03 - 82.33 |
| Beta | 1.11 |
| Analysts | Strong Buy |
| Price Target | 84.54 (+20.14%) |
| Earnings Date | Apr 29, 2025 |
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. The company operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. It 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 2024, Sysco's revenue was $78.84 billion, an increase of 3.30% compared to the previous year's $76.33 billion. Earnings were $1.96 billion, an increase of 10.45%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for SYY stock is "Strong Buy." The 12-month stock price forecast is $84.54, which is an increase of 20.14% from the latest price.
News
March Fortune 500 Industry Leaders: 3 Ideal 'Safer' Buys
**Investment Thesis**: Energy Transfer, Altria Group, and AT&T are the top 'safer' F500IL stocks, with dividends from $1K invested exceeding their single share prices. **Analyst Projections**: Brokers...
Sysco: Buy This Growing Dividend King
Sysco's Q2 '25 earnings showed sales growth of 4.50% and income increase of 5.10%. Despite that, the stock tumbled 6.03%. Sysco's strategic shift to food services and drinking places has driven consis...
Sysco Declares Quarterly Dividend Payment
HOUSTON, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.51 per share, payable on April 25, ...
Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February
Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group a...
Sysco Names Jennifer Kaplan Schott Executive Vice President, Chief Legal Officer
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, Chi...
Sysco Halts All Purchases from Fort Wayne, Ind. Facility that Supplied Frozen Shakes Linked to Listeria Outbreak and Recalls Related Products
HOUSTON, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Today, Sysco Corporation, the leading global foodservice distribution company, recalled frozen supplemental shakes linked to a Listeria monocytogenes outbrea...
Buy 2 February S&P 500 Dividend Aristocrats Out Of 38 'Safer'
Five of the ten lowest-priced Dividend Aristocrats - Franklin Resources, Realty Income, Amcor, Hormel, and Kenvue - are recommended buys, offering dividends exceeding their single share prices. Analys...
3 Ideal Buys In 63 January Fortune 500 Industry Leaders Wherein 57 Paid Dividends And 39 Tested As 'Safer'
The June/July 2024 Fortune Magazine revealed 500 biggest U.S. companies by revenue and profits. Arnold-research focused on January industry-leaders using YCharts 1/30/25 data for profits from 63. Thos...
Sysco's Sales Perform Well, But Case Growth Concerns Weigh On Stock, Say Analysts
Truist Securities analyst Jake Bartlett reiterated a Buy rating on the shares of Sysco Corp SYY and lowered the price forecast from $85 to $83.
Sysco Corporation (SYY) Q2 2025 Earnings Call Transcript
Sysco Corporation (NYSE:SYY) Q2 2025 Results Conference Call January 28, 2025 10:00 AM ET Company Participants Kevin Kim - Vice President of Investor Relations Kevin Hourican - Chairman and Chief Exe...
Food supplier Sysco keeps full-year forecasts unchanged despite quarterly beat
Packaged and fresh food supplier Sysco on Tuesday kept its full-year sales and profit forecasts unchanged despite beating estimates for second-quarter revenue, as a recovery in demand from restaurants...
Sysco Reports Second Quarter Fiscal Year 2025 Results
HOUSTON, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week second fiscal quarter ended December 28, 2024.
Sysco Shares Cross Above 200 DMA
In trading on Monday, shares of Sysco crossed above their 200 day moving average of $75.30, changing hands as high as $76.50 per share. Sysco shares are currently trading up about 1.9% on the day.
Happy Belly Food Group Signs National Distributional Agreement with Sysco
Toronto, Ontario--(Newsfile Corp. - January 17, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleas...
Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
“A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors....
Starbucks Shines, QSR Faces Challenges: BofA's 2025 Restaurant Outlook
BofA Securities analysts Sara Senatore and Katherine Griffin expressed their views on the restaurant industry for the year ahead 2025.
Sysco Offers Houston Colleagues Unprecedented Wage Increases, Improved Benefits and More Time Off, Teamsters' Strike Call Harms Our Colleagues
Teamsters have not been serious about reaching an agreement, Sysco calls on union to reach an agreement to avoid strikes that harm colleagues and the community Teamsters have not been serious about re...
Sysco Corporation: Eating Up The Competition, Serving Up Value
Sysco, a Dividend King, is trading at historically low multiples, offering consistent growth, strong market leadership, and a robust competitive moat. The company is expanding market share, improving ...
Square Teams With Sysco to Bolster Restaurant Technology
Square has launched a partnership with foodservice distributor Sysco to provide restaurants with better technology. The collaboration, announced Wednesday (Dec. 18), makes Square a Sysco “Restaurant S...
Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow
OAKLAND, Calif.--(BUSINESS WIRE)--Today, Square announced a new partnership with Sysco, a leading global foodservice distributor, along with a number of new features to help food and beverage sellers ...
Sysco Corporation (SYY) Presents at Morgan Stanley Global Consumer and Retail Conference - Company Call Transcript
Sysco Corporation (NYSE:SYY) Company Conference Call December 3, 2024 8:00 AM ET Company Participants Kenny Cheung - Chief Financial Officer Kevin Kim - Vice President, Investor Relations Conference ...
Sysco A Top Socially Responsible Dividend Stock With 2.7% Yield
Sysco has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.7% yield, as well as being re...
Sysco Metro New York Donates 2,500 Turkeys to Feed Those in Need This Thanksgiving
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, presented a check for $10,000 to City Harvest, New York's first and largest food ...
Sysco Las Vegas Donates 2,500 Turkeys to Feed Those in Need This Thanksgiving
The company also donated $10,000 to Three Square Food Bank and packed food boxes to ensure everyone has access to meals this holiday season The company also donated $10,000 to Three Square Food Bank a...
Sysco Chicago Donates $10,000 and 2,500 Turkeys to the Northern Illinois Food Bank for Holidays
Sysco colleagues will distribute turkeys at community events during the company's annual Purpose Month Sysco colleagues will distribute turkeys at community events during the company's annual Purpose ...