Sysco Corporation (SYY)

NYSE: SYY · IEX Real-Time Price · USD
70.59
+0.71 (1.02%)
Jul 2, 2024, 4:00 PM EDT - Market closed
1.02%
Market Cap 35.15B
Revenue (ttm) 78.02B
Net Income (ttm) 2.08B
Shares Out 497.98M
EPS (ttm) 4.10
PE Ratio 17.22
Forward PE 15.53
Dividend $2.04 (2.89%)
Ex-Dividend Date Jul 5, 2024
Volume 2,540,020
Open 69.92
Previous Close 69.88
Day's Range 69.47 - 70.65
52-Week Range 62.24 - 82.89
Beta 1.17
Analysts Buy
Price Target 83.75 (+18.64%)
Earnings Date Jul 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]

Founded 1969
Employees 72,000
Stock Exchange NYSE
Ticker Symbol SYY
Full Company Profile

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for SYY stock is "Buy." The 12-month stock price forecast is $83.75, which is an increase of 18.64% from the latest price.

Price Target
$83.75
(18.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Taking a Closer Look at Sysco

Income investors love Dividend Aristocrats, which have a long history of increasing dividends consistently every single year. Those companies tend to be less volatile than non-dividend-paying companie...

15 days ago - GuruFocus

Final Trades: Lululemon, Sysco, Abbvie and TJX Companies

The Investment Committee share their top stocks to watch for the second half.

Other symbols: ABBVLULUTJX
4 weeks ago - CNBC Television

Sysco to Webcast Presentation at the Deutsche Bank Access Global Consumer Conference 2024

HOUSTON, May 28, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation from the 2024 Deutsche Bank Access Global Consumer Conference in P...

5 weeks ago - GlobeNewsWire

Sysco Defines Plans at 2024 Investor Day to Improve Core Performance, Advance Recipe for Growth Strategy, Increase Shareholder Value

Company highlights the strength of its industry-leading position and introduces three-year growth algorithm Company highlights the strength of its industry-leading position and introduces three-year g...

5 weeks ago - GlobeNewsWire

Sysco Celebrates Grand Opening of New State-of-the-Art Distribution and Culinary Center

First new Sysco U.S. Broadline facility in over a decade will create nearly 250 jobs in the community First new Sysco U.S. Broadline facility in over a decade will create nearly 250 jobs in the commun...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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 ...

2 months ago - Invezz

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.

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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, ...

4 months ago - GlobeNewsWire

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...

5 months ago - Investopedia

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.

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

8 months ago - Kiplinger

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.

8 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

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

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire