|Bid||51.26 x 1000|
|Ask||52.80 x 1000|
|Day's Range||50.03 - 52.39|
|52 Week Range||26.00 - 85.98|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||19.70|
|Forward Dividend & Yield||1.80 (3.44%)|
|Ex-Dividend Date||Jul. 01, 2020|
|1y Target Est||N/A|
Today, Sysco announced it has donated 30 million meals across eight countries since mid-March as part of its community response strategy to the COVID-19 pandemic. With millions more people around the world seeking food assistance, Sysco worked closely with suppliers, customers and government entities, along with key partners like Feeding America in the U.S., Second Harvest in Canada, FareShare in the U.K. and FoodCloud in Ireland, among others, to distribute food to those who need it most. “When the pandemic reduced demand for restaurants and other food-away-from-home establishments worldwide, Sysco associates acted quickly to re-direct millions of cases of food to local organizations dedicated to getting nutritious food into the hands of those in need,” said Neil Russell, Sysco’s vice president, corporate affairs.
Today, Sysco announced the launch of its Restaurant Readiness Tool, a first-of-its kind simulation that intuitively provides a comprehensive view of best practices, key considerations and essential supplies for operators re-opening their restaurants as COVID-19 stay-at-home orders continue to ease. The Restaurant Readiness Tool enables operators to tour a virtual restaurant where they experience an immersive, 360-degree view of the establishment. This is accomplished through a series of videos, lists of recommended products and links to helpful services, all with seamless access to Sysco’s state-of-the-art shopping platform, Sysco SHOP.
Sysco Corporation (SYY) today announced that the Company will webcast from the Jefferies Virtual Consumer Conference on Wednesday, June 24, at 8:30 a.m. ET. The live webcast for the event can be accessed at investors.sysco.com. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations portion of its website as the primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.
TORONTO, June 1, 2020 /CNW/ - Sysco Canada announced this week that it has developed a "Snapback Toolkit" to support operators as they create plans to reopen restaurants and explore new ways to sustain and grow their business. The Snapback Toolkit is a key component of Foodies Unite, designed to Help Our Customers. It contains a checklist of considerations restaurateurs can consider as they adapt during these challenging times.
Sysco Corporation (SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.45 per share, payable on July 24, 2020, to common stockholders of record at the close of business on July 2, 2020. Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Information about our Corporate Social Responsibility (CSR) program, including Sysco’s 2019 CSR Report, can be found at csr2019report.sysco.com.
Sysco Corporation (SYY) today announced that the Company will webcast its presentation of the 2020 Bernstein Strategic Decisions Conference on Friday, May 29, at 9:00 a.m. ET. The live webcast for the event can be accessed at investors.sysco.com. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations portion of its website as the primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.
Sysco Corporation (SYY) today announced that the Company will webcast its presentation of the BMO Farm to Market Conference on Thursday, May 14, at 9:20 a.m. ET. The live webcast for the event can be accessed at investors.sysco.com. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations portion of its website as the primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.
HOUSTON, May 08, 2020 -- Sysco Corporation (NYSE:SYY) announced today that Marie Robinson has joined the company as executive vice president and chief supply chain officer. She.
HOUSTON, May 05, 2020 -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week third fiscal quarter ended March 28, 2020. Third Quarter Fiscal 2020.
Sysco Corporation (SYY) announced today the launch of a new “Foodservice Doesn’t Brake for Adversity” campaign designed to help small foodservice businesses stay in business. The campaign will consist of strategically placed messages across multiple channels designed to encourage Americans to support their local restaurants and also highlights the resilience of all foodservice workers. “In these extraordinary times, Sysco is proud to launch this important campaign to further demonstrate our commitment to ensuring neighborhood restaurants survive and succeed now and in the future,” said Kevin Hourican, Sysco's president and chief executive officer.
Today Sysco Detroit will team up with Victory Smokehouse, a BBQ restaurant located in Warren, MI, to provide over 50 donated meals for the officers and support staff of the Troy Police Department. This donation recognizes the essential work provided by these law enforcement teams during the COVID-19 pandemic and everyday. All donated meals will be prepared at Victory Smokehouse using strict sanitation and preparation guidelines to ensure the safety of the chefs, law enforcement personnel and the Sysco employees delivering the BBQ meals.
Today Xushi-Ko, Sysco Detroit and Jim Woolsey will team up to deliver over 500 donated meals for the medical staff of Dearborn Beaumont Hospital to recognize the essential work and long hours of these everyday heroes who are giving so much to their community during the COVID-19 pandemic. All donated meals were prepared at Xushi-Ko using strict sanitation and preparation guidelines to ensure the safety of the chefs, medical staff and the Sysco employees delivering the meals. Funding for this event was raised through an acoustic performance by Jim Woolsey, a Sysco Detroit associate.
Sysco Corporation (SYY) will host a conference call and webcast to discuss its third quarter fiscal year 2020 financial results at 10 a.m. (Eastern) on Tuesday, May 5, 2020. A replay of the webcast will be available online at investors.sysco.com shortly after the live webcast is completed. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations portion of its website as the primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.
TORONTO , April 20, 2020 /CNW/ - Sysco Canada, the country's largest foodservice company, announced it has launched Sysco@HOME , a convenient solution allowing consumers to purchase restaurant-quality ...
Today, Sysco announced it has donated more than 13.5 million meals over the last four weeks across the global regions where it operates as part of its community response strategy to the COVID-19 pandemic. Working closely with suppliers, customers and government entities, along with key partners like Feeding America in the U.S., Second Harvest in Canada and FareShare in the U.K. and Ireland, among others in Europe, the Company continues to find new ways to address increasing food insecurity and the added constraints on the supply chain and food systems during these challenging, unprecedented times. Sysco’s four-pronged community response strategy supports food redistribution efforts across the global supply chain, including product donations, direct delivery to food banks and other hunger relief organizations, the loaning of refrigerated trucks and facility storage space to increase capacity for local food distribution, and volunteer and staffing support for mobile distribution efforts.
TORONTO, April 15, 2020 /CNW/ - In just four weeks, Sysco Canada's Foodies Unite, donates over 3.3 million meals to Canadians in need through Food Banks of Canada, Second Harvest and Breakfast Clubs Canada as part of their ongoing commitment to nourishing our community. Sysco works with their partners, to support Foodies Unite, by launching programs and initiatives supporting the food industry like donating 13,600 pounds of potatoes with Smoke's Poutinerie and supporting local restaurants with Canada's Great Kitchen Party.
Smoke's Poutinerie and Sysco Canada Foodies Unite donate four pounds of potatoes for every one poutine sold! TORONTO, April 11, 2020 /CNW/ - Today is National Poutine Day, and communities across the country are continuing to rally together to support each other, Smoke's Poutinerie is taking the opportunity to bring Canadian's together with Canada's National Dish, poutine!
Sysco Corporation (SYY) today announced that it has launched a new “Sysco Knows Fresh™” multi-channel campaign designed to promote both the company’s high quality, fresh product offering and its widespread availability to customers, consumers and the industry. Local celebrity chefs in conjunction with Sysco’s own culinary experts will be featured showcasing fresh products, recipe ideas and menu solutions. Through the “Sysco Knows Fresh” campaign, the Company plans to reinforce that it is open for business with fresh, high quality products and that its network of companies including FreshPoint specialty produce, European Imports gourmet products and Buckhead and Newport Specialty Meats and Seafood stands ever-ready to support our customers’ success.
Sysco Corporation (SYY) today announced that it will kick off a month-long social media campaign, Take Out To Give Back, in conjunction with No Kid Hungry in order to provide healthy and nutritious meals in underserved communities while promoting the restaurant industry during the COVID-19 global pandemic. For every post, Sysco will donate 50 cents up to $150,000 to No Kid Hungry, a campaign run by Share Our Strength, a non-profit working to solve problems of hunger and poverty in the U.S. and around the world.
In the news release, Sysco Canada launches Foodies Unite, to help heal the food industry during this difficult time, issued 30-Mar-2020 by Sysco Canada over CNW, we are advised by the company that in the 5th paragraph, 1st sentence, the hyperlink for "tools and resources" has been updated. Also, the section titled "About Sysco Canada" has been removed, as originally issued inadvertently.
Sysco Corporation (SYY) today announced that it has entered into an agreement with The Kroger Co. (KR) to provide temporary work opportunities for Sysco associates at certain Kroger distribution centers. Under this agreement, Sysco associates in the United States who have been temporarily furloughed due to the dramatic decline in foodservice demand from the impact of the COVID-19 pandemic, will have the opportunity to work at Kroger locations for 30 days, or more, as agreed upon by both companies. “During these unprecedented times, we are pleased to partner with Kroger, as both of our companies work to respond in an agile manner to meet the rapidly evolving needs of our associates and our communities,” said Kevin Hourican, president and chief executive officer of Sysco.
Sysco’s strong balance sheet provides meaningful financial flexibility for the company to navigate current challenges in the “food-away-from-home” market resulting from the spread of COVID-19 and subsequent actions taken across the country to increase social distancing. The Company has cash on hand of approximately $2 billion as of March 20, 2020, including a recent $1.5 billion withdrawal under its revolving credit facility. Importantly, Sysco has no debt maturities for the next six months.
Today, Sysco announced it will donate 2.5 million meals over the next four weeks as part of its community response strategy to the COVID-19 pandemic. The Company is closely collaborating with an array of critical stakeholders, from suppliers, customers, government entities and the non-profit sector, to address food insecurity and the added constraints on the food bank system during these challenging times. Sysco’s response strategy is focused on working with its key national partners, Feeding America in the U.S. and Second Harvest in Canada, in support of food redistribution efforts across the supply chain in North America.
Sysco Corporation (SYY), the leading global foodservice distribution company, today announced the Company’s second annual observance of International Women’s Day (IWD) across its global organization. “Sysco is proud to celebrate International Women’s Day as part of our commitment to inclusiveness, one of Sysco’s values,” said Kevin Hourican, Sysco’s president and chief executive officer. A cross-functional steering committee of women leaders and over 60 volunteers from across the organization led the company’s efforts to encourage Sysco’s associates, customers and suppliers to challenge stereotypes, fight biases and broaden perceptions in their workplaces and the broader foodservice industry.
Sysco Corporation (SYY) today announced two senior leadership promotions. Eve McFadden has been promoted to senior vice president of legal, general counsel and corporate secretary, after being promoted to vice president and general counsel in 2019. Since joining Sysco in 2008, Eve has provided effective leadership in the areas of employment law, antitrust compliance, and ethics and compliance.