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 reports news as a global foodservice distributor that sells, markets and distributes food and related products to customers that prepare meals away from home. Its updates center on restaurants, healthcare and educational facilities, lodging establishments, entertainment venues and other food-away-from-home markets, with product categories that include fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and culinary solutions.
Recurring company developments include operating and financial results, dividend declarations, capital-allocation actions, material agreements, governance matters and customer-facing culinary programs such as regional chef competitions. News also reflects Sysco’s supply-chain role and specialty offerings for foodservice operators across its domestic and international distribution network.
Sysco (NYSE: SYY) reported Q3 FY2026 results for the 13-week period ended March 28, 2026. Sales rose 4.7% to $20.5B and gross profit grew 6.5% to $3.8B; operating income fell 9.1% to $619M while adjusted operating income was $768M. U.S. local volume increased 3.3%; free cash flow for 39 weeks rose 19% to $1.1B. The company reaffirmed confidence in full‑year adjusted EPS near the high end of $4.50–$4.60 and disclosed a pending acquisition agreement to buy Jetro Restaurant Depot, subject to regulatory approvals.
Sysco (NYSE:SYY) announced a quarterly cash dividend increase to $0.55 per share, up $0.01 from $0.54. The dividend is payable July 24, 2026, to holders of record at close of business July 2, 2026.
The board said this action reinforces Sysco's Dividend Aristocrat status and plans a $0.04 annual dividend increase for fiscal 2027.
Sysco (NYSE:SYY) will release third quarter fiscal 2026 results and host a conference call and webcast at 10:00 a.m. ET on April 28, 2026. A news release, slide presentation and webcast replay will be available at investors.sysco.com.
Sysco operates 337 distribution centers in 10 countries, has about 75,000 colleagues, serves ~730,000 customer locations, and generated sales of more than $81 billion in fiscal 2025.
Sysco (NYSE:SYY) agreed to acquire Jetro Restaurant Depot for approximately $29.1 billion in cash and stock, creating a combined company with nearly $100 billion in 2025 revenues. The deal adds 166 Cash & Carry warehouses, is expected to be immediately accretive to EPS and margins, and targets about $250 million of annualized synergies within three years. Sysco plans to fund the transaction with roughly $21 billion of new debt and hybrid securities plus about $1 billion of cash/equity, pause buybacks to delever, and maintain its dividend and investment grade ratings. Closing expected by Q3 fiscal 2027.
Sysco (NYSE:SYY) named Chef Jon-Luc Maggi of Tiki Tom’s Culinary Artisan of the Year after he won Northern California’s Battle of the Blades on March 16, 2026.
The timed 45-minute final used five judging criteria and featured Sysco Pantry items plus three local mystery ingredients.
Sysco (NYSE:SYY) invites media to the Battle of the Blades Grand Finale at 3:00 p.m. PT on March 16, 2026, in Napa, California. Three Northern California chefs will compete in a timed cooking challenge judged on five criteria to select a Culinary Artist of the Year.
The event features local producers, mystery ingredients, sous chefs, a five-judge panel, and prizes including a dinner at a MICHELIN restaurant. Media may RSVP to the company email provided for access.
Sysco (NYSE:SYY) will host the Battle of the Blades Grand Finale on March 16, 2026 at 3:00 p.m. PT at the Ecolab Theatre, Culinary Institute of America at Copia in Napa. Three Northern California chefs will compete in a timed 45-minute cook-off judged on five criteria, with the winner named Culinary Artisan of the Year and awarded prizes including a MICHELIN restaurant dinner.
The contest requires use of three Sysco Pantry products and three mystery ingredients, and features local farms and artisan producers.
Sysco (NYSE:SYY) invites media to the Battle of the Blades Grand Finale on March 16, 2026 at 3:00 PM PT at the Ecolab Theatre, Culinary Institute of America at Copia in Napa, CA.
Three Northern California chefs will compete in a timed 45-minute challenge using Sysco Pantry products and mystery ingredients; a five-judge panel will name the Culinary Artisan of the Year.
Sysco (NYSE:SYY) announced a CFO transition: Kenny Cheung will step down to accept another opportunity and remain through April 17, 2026. Effective March 6, 2026, Brandon Sewell is appointed Interim CFO. The company reaffirmed fiscal 2026 adjusted EPS at the high end of $4.50–$4.60, sales growth of 3%–5%, Q3 consensus adjusted EPS of $0.94, and USFS local case growth of at least 2.5%.
Sysco reported >$81 billion in fiscal 2025 sales and operates 337 distribution centers globally.
Sysco (NYSE:SYY) declared a quarterly cash dividend of $0.54 per share, payable April 24, 2026, to common stockholders of record at the close of business on April 2, 2026.
The company reported fiscal year 2025 sales of more than $81 billion, operates 337 distribution centers across 10 countries, and serves about 730,000 customer locations.