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Sysco Corp. - SYY STOCK NEWS

Welcome to our dedicated news page for Sysco (Ticker: SYY), a resource for investors and traders seeking the latest updates and insights on Sysco.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sysco's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sysco's position in the market.

News
Sysco Declares Increase to Quarterly Dividend
Rhea-AI Summary
Sysco (NYSE:SYY) has declared an increase in the quarterly cash dividend from $0.50 to $0.51 per share. The new dividend will be payable on July 26, 2024, to common stockholders of record as of July 5, 2024. This decision reflects Sysco's commitment to shareholder returns and its status as a Dividend Aristocrat.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
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News
Sysco Is Driving More Eco-Friendly Products and Innovative Solutions Globally to Reduce Plastic and Packaging Waste
Rhea-AI Summary
Sysco (NYSE:SYY) is enhancing sustainability efforts by promoting eco-friendly products and reducing plastic and packaging waste globally. The company introduced packaging guidelines for suppliers to transition to sustainable materials. Examples include the plastic-free Earth Plus Brand Agave Straw and FSC-certified paper packaging for berries. Sysco's initiatives have led to significant reductions in single-use plastic bottles and cardboard waste.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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none
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News
Sysco to Announce Third Quarter Fiscal Year 2024 Financial Results on April 30
Rhea-AI Summary
Sysco (NYSE:SYY) will host a conference call and webcast to discuss its third quarter fiscal year 2024 financial results on April 30, 2024. Interested parties can listen online at investors.sysco.com. Sysco uses its website as the primary channel for publishing key information to investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
earnings
News
Sysco Honors Louisville Fire Department for Heroic Bridge Rescue by Filling Firehouse Pantries, Donating $20,000 to Annual Award Banquet
Rhea-AI Summary
Sysco (NYSE:SYY) donates $20,000 and fills firehouse pantries in Louisville as a gesture of gratitude for heroic bridge rescue
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
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none
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News
Sysco CEO Kevin Hourican, Louisville Mayor Craig Greenberg, Louisville Fire Chief Brian O’Neill Announce Sysco Donations to Honor Heroic Bridge Rescue
Rhea-AI Summary
Sysco (SYY) announces generous donations to honor first responders who rescued a Sysco delivery driver after an accident on the Clark Memorial Bridge. The donations include monetary and food contributions. The announcement will be made by Sysco CEO Kevin Hourican, Louisville Mayor Craig Greenberg, and Louisville Fire Chief Brian O’Neill on March 22, 2024, in Louisville, KY.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
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none
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News
Tapestry, Inc. Appoints Kevin Hourican and David Elkins to Board of Directors
Rhea-AI Summary
Tapestry, Inc. (TPR) appoints Kevin Hourican and David Elkins to its Board of Directors, bringing significant strategic and financial expertise to the company. Hourican, President and CEO of Sysco Corporation, and Elkins, EVP and CFO of Bristol Myers Squibb, join as independent directors, enhancing Tapestry's global growth and transformation initiatives. The additions aim to drive innovation, shareholder returns, and sustainable growth for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
management
News
Sysco Declares Quarterly Dividend Payment
Rhea-AI Summary
Sysco Corporation (NYSE:SYY) declares a regular quarterly cash dividend of $0.50 per share, payable on April 26, 2024, to common stockholders of record on April 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
dividends
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News
Sysco to Webcast Presentation at the CAGNY 2024 Conference
Rhea-AI Summary
Sysco Corporation (NYSE:SYY) will webcast its presentation at the CAGNY 2024 Conference on Tuesday, Feb. 20, 2024, at 2:00 p.m. EST. The live webcast can be accessed at investors.sysco.com, with an archived replay available shortly after. Sysco uses its investor relations section as the primary channel for publishing key information to investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
conferences
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News
Sysco Reports Second Quarter EPS Growth, Driven By Increasing Volumes and Positive Operating Leverage
Rhea-AI Summary
Sysco Corporation (SYY) announced its financial results for the second fiscal quarter ended December 30, 2023. Key highlights included a 3.7% increase in sales, 3.4% growth in U.S. Foodservice volume, and a 4.9% increase in gross profit. Operating income rose by 9.2% to $700.0 million, and adjusted EBITDA increased by 11.6% to $927.5 million. EPS grew by 192.9% to $0.82, and adjusted EPS increased by 11.3% to $0.89. The company expects to return approximately $2.25 billion back to shareholders in fiscal year 2024 and reaffirmed its guidance for top- and bottom-line growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.52%
Tags
none
News
Sysco to Release Second Quarter Fiscal Year 2024 Financial Results on January 30
Rhea-AI Summary
Sysco Corporation (SYY) will discuss its second quarter fiscal year 2024 financial results in a conference call and webcast on Jan. 30, 2024. Interested parties can listen online at investors.sysco.com. The company will issue a news release and post a slide presentation in the investor relations section of its website. Sysco uses its website as the primary channel for publishing key information to its investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
earnings
Stock SYY logo
Sysco Corp.

NYSE:SYY

SYY Rankings

#325 Ranked by Market Cap
#3632 Ranked by Stock Gains
#1217 Ranked by Dividends

SYY Stock Data

37.46B
496.50M
0.13%
85.97%
1.27%
Supermarkets and Other Grocery (except Convenience) Stores
Retail Trade
Link
US
Houston

About SYY

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. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 57,000 associates, the company operates 326 distribution facilities worldwide and serves more than 625,000 customer locations. For fiscal 2020 that ended June 27, 2020, the company generated sales of more than $52 billion.