SYY - Sysco Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
47.21
-3.24 (-6.42%)
As of 10:17AM EDT. Market open.
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Previous close50.45
Open49.56
Bid47.06 x 800
Ask47.17 x 1000
Day's range46.60 - 49.99
52-week range26.00 - 85.98
Volume1,164,072
Avg. volume4,882,441
Market cap24.007B
Beta (5Y monthly)0.68
PE ratio (TTM)13.51
EPS (TTM)3.49
Earnings date03-May-2020 - 07-May-2020
Forward dividend & yield1.80 (3.57%)
Ex-dividend date01-Apr-2020
1y target est69.86
  • GlobeNewswire

    SYSCO AND THE KROGER CO. JOIN FORCES TO MEET CRITICAL FOOD SUPPLY NEEDS AND KEEP ASSOCIATES WORKING

    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.

  • This is Why Sysco (SYY) is a Great Dividend Stock
    Zacks

    This is Why Sysco (SYY) is a Great Dividend Stock

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sysco (SYY) have what it takes? Let's find out.

  • GlobeNewswire

    SYSCO PROVIDES COVID-19-RELATED BUSINESS UPDATE

    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.

  • GlobeNewswire

    SYSCO TO DONATE 2.5 MILLION MEALS OVER NEXT FOUR WEEKS

    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.

  • GlobeNewswire

    Sysco Celebrates International Women’s Day; Launches Inaugural Gem Award to Recognize Sysco Champions of Gender Diversity

    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.

  • GlobeNewswire

    Sysco Announces Leadership Promotions

    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.

  • Why Is Sysco (SYY) Down 8.7% Since Last Earnings Report?
    Zacks

    Why Is Sysco (SYY) Down 8.7% Since Last Earnings Report?

    Sysco (SYY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Reuters

    Deals of the day-Mergers and acquisitions

    ** Czech billionaire Daniel Kretinsky has tightened his grip on French retailer Casino, raising his stake to 6.88% of the capital and 5.17% of the voting rights, a regulatory announcement showed. ** Zambia has signed a contract of more than $824 million with a subsidiary of China Railway Construction Corporation to upgrade a rail line, the company said. ** Chinese conglomerate Fosun is in exclusive talks to buy German lender Bankhaus Lampe as it seeks to broaden its footprint in the financial services sector of Europe's leading economy, two people close to the matter said.

  • GlobeNewswire

    Sysco Celebrates 50th Anniversary; Rings Opening Bell at New York Stock Exchange

    Sysco Corporation (SYY), the leading global foodservice distribution company, celebrated today the 50th anniversary of becoming a public company. Several of the company’s associates from across the globe joined the celebrations at the New York Stock Exchange opening bell ringing after winning an all-expense paid trip to New York. From humble beginnings that brought together nine food distribution companies under the vision of founder John Baugh to today, Sysco is a Fortune 100 company with global reach that has paid stockholders a dividend every quarter since its founding.

  • GlobeNewswire

    Sysco Declares Quarterly Dividend Payment

    Sysco Corporation (SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.45 per share, payable on April 24, 2020, to common stockholders of record at the close of business on April 3, 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.

  • GlobeNewswire

    Sysco to Webcast Presentation From the BofA Securities Consumer & Retail Technology Conference 2020

    Sysco Corporation (SYY) today announced that the Company will webcast its presentation from the BofA Securities Consumer & Retail Technology Conference 2020 in New York, on Wednesday, March 11, 2020, at 8:50 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.

  • Why Sysco (SYY) is a Great Dividend Stock Right Now
    Zacks

    Why Sysco (SYY) is a Great Dividend Stock Right Now

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sysco (SYY) have what it takes? Let's find out.

  • GlobeNewswire

    Sysco Announces Exclusive New Product Offerings From Cutting Edge Solutions

    HOUSTON, Feb. 20, 2020 -- Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today the launch of eleven new and exciting menu.

  • GlobeNewswire

    Sysco’s SYGMA Completes Renovation of New Facility; Grand-Opening Ceremony and Open House Scheduled

    Sysco Corporation (SYY) today announced that it will host a grand-opening ceremony and open house for customers, associates and other members of the community at its SYGMA Florida facility on Feb. 19 from 11 a.m. to 1 p.m. EST at 2200 Consulate Drive in Orlando. Greg Keller, senior vice president, national sales and SYGMA president, will speak at the event. The event will celebrate the opening of SYGMA’s new 227,000-square-foot facility, which includes approximately 60,000 square feet of additional space to help meet the demands of the growing local market as well as new energy efficient features.

  • GlobeNewswire

    Sysco Announces Inaugural Sustainability Bond Issuance

    Sysco Corporation (SYY), the leading global foodservice distribution company, announced today the closing of its inaugural Sustainability Bond issuance. Net proceeds from the $500 million offering will fund projects that help advance the company’s 2025 Corporate Social Responsibility (CSR) Goals. “We are proud to lead our industry in issuing our first ever Sustainability Bond, demonstrating our deep commitment to caring for people, sourcing products responsibly and protecting the planet,” said Neil Russell, Sysco’s vice president of corporate affairs.

  • GlobeNewswire

    Sysco Kicks-Off Fourth Annual Associate Volunteer Initiative “Sysco Gives Back Weeks”

    Sysco Corporation (SYY) today kicks-off its fourth annual associate volunteer initiative, Sysco Gives Back Weeks, as part of the Company’s charitable giving strategic focus to combat hunger and food insecurity in the local communities it serves. This two-week effort, coordinated each spring, supports the Company’s core community partners who are focused on hunger relief and provides Houston-based associates with an array of opportunities to volunteer during regular work hours, including onsite events at both Corporate campuses and Sysco Houston, the Company’s local operating company. The Company will also host Saturday events to allow associates to volunteer as a family.

  • GlobeNewswire

    Sysco Announces Sustainability Bond Framework to Advance Its 2025 CSR Goals

    Sysco Corporation (SYY), the leading global foodservice distribution company, announced today it has designed a Sustainability Bond Framework (the Framework) under which it may issue Green, Social and/or Sustainability Bonds to advance the company’s 2025 corporate social responsibility (CSR) goals. Sysco’s CSR strategy focuses on three key areas: people, products and planet, setting a clear path for the future and demonstrating the company’s continued commitment to caring for people, sourcing products responsibly and protecting the planet. The company’s 2025 CSR goals, announced in 2018, include a comprehensive set of objectives, including sourcing 20% of its electricity from renewable sources, powering 20% of its truck fleet with alternative fuels, expanding its sustainable agriculture program to five fresh crops, doubling the availability of Sysco Brand organic produce, and increasing its spend with women- and minority-owned suppliers by 25%.

  • Why Sysco (SYY) is a Top Dividend Stock for Your Portfolio
    Zacks

    Why Sysco (SYY) is a Top Dividend Stock for Your Portfolio

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sysco (SYY) have what it takes? Let's find out.

  • GlobeNewswire

    Sysco to Webcast Presentation From the CAGNY 2020 Conference

    Sysco Corporation (SYY) today announced that the Company will webcast its presentation from the CAGNY 2020 Conference in Boca Raton, Florida, on Tuesday, February 18, 2020, at 2:00 p.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's (SYY) Q2 Earnings Surpass Estimates, Revenues Miss
    Zacks

    Sysco's (SYY) Q2 Earnings Surpass Estimates, Revenues Miss

    Sysco's (SYY) second-quarter fiscal 2020 earnings gain from improved sales. The U.S. Foodservice segment continues to deliver a solid show.

  • Sysco (SYY) Surpasses Q2 Earnings Estimates
    Zacks

    Sysco (SYY) Surpasses Q2 Earnings Estimates

    Sysco (SYY) delivered earnings and revenue surprises of 1.19% and -0.44%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Sysco Reports Second Quarter Fiscal 2020 Results

    HOUSTON, Feb. 03, 2020 -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week second fiscal quarter ended December 28, 2019. Second Quarter Fiscal.

  • Here's What You Should Note Ahead of Sysco (SYY) Q2 Earnings
    Zacks

    Here's What You Should Note Ahead of Sysco (SYY) Q2 Earnings

    Sysco's (SYY) second-quarter fiscal 2020 results are likely to reflect gains from focus on key strategies. The U.S. Foodservice unit has been solid but the International unit's performance has been mixed.