Sysco Corporation (SYY)

NYSE: SYY · IEX Real-Time Price · USD
81.14
+0.30 (0.37%)
At close: Feb 27, 2024, 4:00 PM
81.50
+0.36 (0.44%)
After-hours: Feb 27, 2024, 7:36 PM EST
0.37%
Market Cap 40.24B
Revenue (ttm) 77.51B
Net Income (ttm) 2.08B
Shares Out 497.83M
EPS (ttm) 4.09
PE Ratio 19.84
Forward PE 17.80
Dividend $2.00 (2.47%)
Ex-Dividend Date Apr 4, 2024
Volume 1,869,104
Open 80.78
Previous Close 80.84
Day's Range 80.61 - 81.35
52-Week Range 62.24 - 82.89
Beta 1.17
Analysts Strong Buy
Price Target 84.90 (+4.63%)
Earnings Date Jan 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 10 analysts, the average rating for SYY stock is "Strong Buy." The 12-month stock price forecast is $84.9, which is an increase of 4.63% from the latest price.

Price Target
$84.9
(4.63% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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, ...

6 days 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...

4 weeks 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.

4 weeks ago - GlobeNewsWire

Today's market could make Sysco stock break out, will it?

The new market cycle is getting underway, and some investors – maybe even yourself – are getting carried away by the bullish media and the market's all-time high prices today. Far from sounding like a...

4 weeks ago - MarketBeat

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...

7 weeks 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...

2 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...

3 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...

3 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...

3 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.

4 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.

4 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 ...

4 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

4 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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

Other symbols: KOPEP
5 months ago - Benzinga

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

Sysco Ventura Recognizes Richard Edmonds, Industrial Athlete Headed to IFDA National Championship

VENTURA, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sysco Ventura announced today that Richard Edmonds, Driver, will represent Sysco at the International Foodservice Distributors Association (IFDA) Na...

6 months ago - GlobeNewsWire

Sysco to Webcast Presentation at the Wells Fargo 6th Annual Consumer Conference

HOUSTON, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the Wells Fargo 6th Annual Consumer Conference on Thursday, Se...

6 months ago - GlobeNewsWire

Sysco names Greg Bertrand global chief operating officer

Sysco SYY, +0.28% has named Greg Bertrand as executive vice president, global chief operating officer, effective Sept. 1.

6 months ago - Market Watch

3 Dividend Kings with a Royally Good Upside

Dividend Kings are tried and true investments with a long history of sustained dividend payments and distribution increases. The kind of track records that help investors sleep soundly at night, but t...

Other symbols: MOTR
6 months ago - MarketBeat

Sysco Reports Record Fourth Quarter and Full Year 2023 Sales, Operating Income and Cash Flow

HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week fourth fiscal quarter and its fiscal year ended Ju...

7 months ago - GlobeNewsWire

These 5 fast-growing stocks pay generous dividends you can count on

Across the first half of 2023, “risk-on” trades were in favor on Wall Street. Still, many investors remain skeptical of the rally.

Other symbols: GENJNPRMDLZOTEX
8 months ago - Market Watch