Welcome to our dedicated page for Sysco news (Ticker: SYY), a resource for investors and traders seeking the latest updates and insights on Sysco stock.
Sysco Corporation (NYSE: SYY) is a global leader in foodservice distribution, connecting suppliers with over 650,000 customer locations across restaurants, healthcare facilities, and educational institutions. This dedicated news hub provides investors and industry professionals with comprehensive access to official corporate announcements and market-relevant developments.
Track key business initiatives through curated press releases spanning earnings reports, supply chain innovations, sustainability efforts, and strategic partnerships. Our repository ensures timely access to operational updates, leadership changes, and product expansion announcements that shape Sysco's position in the $300B+ foodservice distribution industry.
Discover categorized updates including quarterly financial results, acquisition activity, technology implementations, and industry partnership developments. All content is sourced directly from Sysco's corporate communications to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined monitoring of Sysco's operational milestones and market leadership in food logistics. Combine strategic insights with fundamental data through our integrated financial tools for complete investment analysis.
Sysco reported mixed Q3 fiscal 2025 results, with sales increasing 1.1% to $19.6 billion despite challenging conditions. The company faced headwinds from California wildfires, adverse weather, and weakening consumer confidence, leading to a 2.0% decrease in U.S. Foodservice volume.
Key financial metrics showed some pressure:
- Gross profit declined 0.8% to $3.6 billion
- Operating income decreased 5.7% to $681 million
- Net earnings fell 5.6% to $401 million
- EPS decreased 3.5% to $0.82
The company updated its FY25 guidance, now expecting approximately 3% sales growth and at least 1% adjusted EPS growth. Sysco maintains strong liquidity with over $4 billion available and plans to return approximately $2.25 billion to shareholders through share repurchases and dividends. The company recently announced a 6% dividend increase, marking its upcoming 56th year of dividend growth in FY26.
Sysco (NYSE:SYY) has announced a 6% increase in its quarterly cash dividend, raising it from $0.51 to $0.54 per share. The enhanced dividend will be paid on July 25, 2025, to stockholders of record as of July 3, 2025.
The dividend increase represents a $0.12 annual dividend boost for fiscal year 2026, maintaining Sysco's status as a Dividend Aristocrat. The company aims to maintain a dividend payout ratio of 40% to 50% of adjusted EPS.
Sysco, the global leader in food-away-from-home distribution, operates 340 distribution centers across 10 countries with 76,000 employees serving approximately 730,000 customer locations. The company reported sales exceeding $78 billion in fiscal year 2024, ended June 29, 2024.
Sysco (SYY) has announced a strategic partnership as the official wholesale food distributor for the MICHELIN Guide, connecting the world's largest food distributor with one of the most prestigious culinary events. The partnership will debut at the 2025 MICHELIN Guide Florida Ceremony in Orlando on April 17.
Jane Grout, Sysco Region President – North Florida Region, will present the MICHELIN Guide Young Chef Award at the ceremony. This marks Sysco's second collaboration with Michelin, following their initial partnership at the MICHELIN Guide Texas Ceremony in November 2024.
As part of the partnership, Sysco will provide premium products, culinary expertise, and innovative solutions to help chefs enhance their menu concepts. The company offers culinary consultations to support restaurants in standing out in the competitive industry.
Sysco (NYSE:SYY), the global leader in food-away-from-home distribution, has scheduled its third quarter fiscal year 2025 financial results announcement for April 29, 2025. The company will host a conference call and webcast at 10 a.m. EDT, accompanied by a news release and slide presentation available on their investor relations website.
Sysco operates 340 distribution centers across 10 countries, employing 76,000 colleagues and serving approximately 730,000 customer locations. The company reported sales exceeding $78 billion in fiscal year 2024. As an industry leader, Sysco provides customized supply chain solutions, specialty products, and culinary support to various sectors including restaurants, healthcare facilities, educational institutions, and entertainment venues.
Sysco (NYSE:SYY) has announced a quarterly cash dividend of $0.51 per share, scheduled for payment on April 25, 2025, to stockholders of record as of April 4, 2025.
As the global leader in food-away-from-home distribution, Sysco operates 340 distribution centers across 10 countries, employing 76,000 colleagues and serving approximately 730,000 customer locations. The company reported sales exceeding $78 billion in fiscal year 2024, which ended June 29, 2024.
Sysco's business model focuses on providing customized supply chain solutions, specialty product offerings, and culinary support to various sectors including restaurants, healthcare facilities, educational institutions, and entertainment venues.
Sysco (SYY) has appointed Jennifer Kaplan Schott as Executive Vice President and Chief Legal Officer, effective April 1, 2025. Schott brings over 25 years of legal experience, most recently serving as Senior Vice President, General Counsel and Secretary at Illinois Tool Works (ITW), a Fortune 300 company with $77 billion market capitalization.
At Sysco, Schott will advise executive leadership and the Board of Directors while leading teams responsible for Legal and Company Secretary, Ethics and Compliance, Communications and Government Affairs. Her previous roles include Deputy General Counsel at Caterpillar Inc. and various legal positions at Discover Financial Services.
Sysco has announced a recall of frozen supplemental shakes linked to a Listeria monocytogenes outbreak and suspended all purchases from a Lyons Magnus facility in Fort Wayne, Indiana. The affected products include Sysco Imperial and Lyons ReadyCare supplemental shakes.
The company is actively removing recalled items from inventory, notifying affected downstream customers, and halting production of all products from the implicated facility. Sysco emphasizes its commitment to food safety through its comprehensive quality assurance program, which includes supplier monitoring, compliance checks with regulatory agencies, and mandatory annual third-party food safety certification assessments. The company also conducts routine food safety audits and maintains elevated safety standards for Sysco-brand products.
Sysco (NYSE:SYY) has announced a scheduled webcast presentation at the CAGNY 2025 Conference on Tuesday, February 18, 2025, at 3:00 p.m. EST. The presentation will be accessible through the company's investor relations website at investors.sysco.com, with an archived replay available after the event.
Sysco, the global leader in food-away-from-home distribution, operates 340 distribution centers across more than 10 countries, employing 76,000 colleagues and serving approximately 730,000 customer locations. The company reported sales exceeding $78 billion in fiscal year 2024, which ended June 29, 2024.
The company provides customized supply chain solutions, specialty products, and culinary support to various establishments including restaurants, healthcare facilities, educational institutions, and entertainment venues. Their comprehensive portfolio includes fresh produce, premium proteins, specialty products, sustainable items, equipment, and innovative culinary solutions.
Sysco (NYSE: SYY) reported strong financial results for Q2 FY2025. Sales increased 4.5% to $20.2 billion, with U.S. Foodservice volume up 1.4%. Gross profit rose 3.9% to $3.7 billion, while operating income grew 1.7% to $712 million.
Key highlights include a 14.5% increase in International business operating income and a 26.5% increase in adjusted operating income. The company maintained its FY25 guidance, projecting sales growth of 4-5% and adjusted EPS growth of 6-7%.
Notably, Sysco announced an increase in shareholder returns to approximately $2.25 billion for FY2025, comprising $1.25 billion in share repurchases (up from $1 billion) and $1 billion in dividends. Product cost inflation was 2.1% at the enterprise level, primarily affecting dairy and poultry categories.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has secured a national food distribution agreement with Sysco (NYSE: SYY), a global leader in food distribution. The partnership enables all brands in Happy Belly's portfolio to benefit from Sysco's extensive distribution network and purchasing power.
The agreement provides Happy Belly's corporate and franchised locations with consistent access to high-quality products at competitive prices, leveraging economies of scale. Key benefits include reduced food costs, streamlined inventory management, reliable supply chain support, and enhanced operational efficiency through a single point of contact for ordering, billing, and customer service.
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