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) regularly issues news and updates that reflect its role as a global foodservice distribution company. Its announcements often describe how Sysco sells, markets and distributes food and related products to customers who prepare meals away from home, including restaurants, healthcare and educational facilities, lodging establishments and entertainment venues. For investors and industry observers, the SYY news flow offers insight into how the company manages its large-scale operations and relationships across the foodservice sector.
Visitors to this Sysco news page can expect coverage of topics such as quarterly and annual financial results, dividend declarations and capital structure developments. For example, Sysco has used press releases to report its fiscal quarter results, including sales, gross profit and operating income, and to announce quarterly cash dividends approved by its board of directors.
Sysco’s news also highlights partnerships and initiatives that support its stated purpose of “Connecting the World to Share Food and Care for One Another.” Recent releases describe community-focused efforts like Purpose Month, during which thousands of colleagues volunteer to help ease food insecurity, as well as collaborations with organizations such as the MICHELIN Guide that showcase Sysco’s premium products and culinary expertise.
In addition, the company issues updates on governance and corporate matters, including executive transitions, annual meeting voting results and key credit agreements. By following SYY news, readers can track how Sysco presents its operational performance, community engagement and strategic relationships over time. This page provides a centralized view of those disclosures for anyone researching Sysco’s ongoing activities in the food-away-from-home distribution market.
Sysco Corporation (NYSE:SYY) will present at the CAGNY 2021 Conference on February 16 at 12:30 p.m. ET. The event will be available via live webcast at investors.sysco.com, with an archived replay accessible after the event. Sysco, a leader in food distribution, reported over $52 billion in sales for fiscal 2020 and serves more than 625,000 customers globally.
Sysco Corporation (NYSE: SYY) has purchased over 21,000 gift cards worth more than $525,000 to support its restaurant customers during the pandemic. These $25 gift cards are given to Sysco's frontline associates as a token of appreciation for their dedication. This initiative is part of Sysco's broader commitment to assist the restaurant industry, which includes eliminating minimum order sizes for deliveries and offering marketing support through its Foodie Solutions platform. Sysco aims to bolster cash flow for its clients and demonstrate gratitude towards its employees.
Sysco Corporation (NYSE:SYY) will hold a conference call on February 2, 2021, at 10 a.m. Eastern to discuss its second quarter fiscal year 2021 financial results. Interested parties can listen online at investors.sysco.com. A replay will be accessible shortly after the call. The company aims to communicate key information via its investor relations website, which may include material non-public information. Sysco, a leader in food distribution, reported over $52 billion in sales for fiscal 2020.
Sysco Corporation (NYSE: SYY) announced the launch of four new toolkits aimed at enhancing restaurant operations during winter trends and events. These include the Valentine’s Day, Wholesome Dining, Seafood, and Greatest Game toolkits, which provide actionable insights for boosting revenue and enhancing customer experiences. The Valentine’s Day Toolkit offers virtual meal kits and dessert ideas, while the Wholesome Dining Toolkit focuses on health-conscious menu options. The Seafood Toolkit aims to leverage the 20% increase in seafood sales during spring, and the Greatest Game toolkit adapts tailgating to home celebrations.
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Sysco Corporation (NYSE: SYY) has appointed Tom Peck as executive vice president and chief information and digital officer, effective Jan. 4, 2021. Peck will spearhead Sysco's digital transformation initiatives and modernize its technology infrastructure. He brings over 20 years of experience from Ingram Micro, AECOM, and other global firms. Sysco's president Kevin Hourican expressed confidence in Peck's ability to enhance customer engagement technologies and drive sales growth.
Sysco Corporation (NYSE:SYY) declared a quarterly cash dividend of $0.45 per share, set for payment on January 29, 2021. To qualify, stockholders must be on record by January 8, 2021. For fiscal 2020, Sysco reported sales exceeding $52 billion and operates 326 distribution facilities globally, supporting over 625,000 customer locations.
Sysco Corporation (NYSE:SYY) announced it will webcast its presentation at the 2020 Barclays Eat, Sleep, Play Conference on December 1 at 2:40 p.m. ET. The live webcast can be accessed via investors.sysco.com, with an archived replay available afterward. Sysco, a leader in marketing and distribution of food products, reported over $52 billion in sales for fiscal 2020, serving more than 625,000 customers globally. The company emphasizes using its investor relations website for public disclosures of key information.
Sysco Corporation (NYSE: SYY) announces significant leadership changes as Aaron E. Alt joins as executive vice president and chief financial officer, effective Dec. 7, 2020. Current CFO, Joel Grade, transitions to executive vice president, business development to drive growth via new business initiatives and M&A capabilities. Alt brings over 20 years of executive finance experience, previously leading financial operations at Sally Beauty Holdings and Target Corporation. Sysco aims to enhance its market position and accelerate profitable growth through strategic transformation.
Sysco Corporation (NYSE: SYY) has announced the elimination of minimum delivery size requirements for its customers, effective November 16, 2020, as part of its Restaurants Rising campaign. This initiative aims to enhance operational flexibility for restaurants, especially independent operators affected by fluctuating demand and COVID-19 restrictions. Sysco also offers various support services, including free marketing tools, discounts on essential services, and fast onboarding for new customers, all designed to help restaurants thrive in a challenging market.
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