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 Corporation (NYSE: SYY) has launched Foodie Solutions, a new platform aimed at helping foodservice operators adapt to rapid changes brought on by the COVID-19 pandemic. This comprehensive toolkit provides essential resources for driving traffic, generating revenue, and optimizing operations. Key features include Virtual Kitchens, Grab & Go Foods, Family Style Meal Kits, and Patio Dining. Sysco aims to support its customers through innovative strategies, ensuring they can thrive in the evolving foodservice landscape.
On August 21, 2020, Sysco Corporation (NYSE: SYY) declared a quarterly cash dividend of $0.45 per share, payable on October 23, 2020, to stockholders of record by the end of business on October 2, 2020. In fiscal 2020, Sysco reported sales exceeding $52 billion, reflecting its position as a leader in food product distribution for various establishments including restaurants and healthcare facilities. The announcement signifies continued shareholder returns amidst its extensive global operations.
Mad Mobile, Inc. has announced its plan to acquire CAKE, a restaurant technology company owned by Sysco Corporation (NYSE: SYY). The acquisition, aimed to expedite Mad Mobile’s vision of a mobile-first POS solution, is set to close by September 30, 2020. CAKE currently serves over 5,000 restaurant locations and will benefit from Mad Mobile's platform integration which will enhance offerings such as Mobile Ordering and Contactless Payment. Sysco's Chief Information and Technology Officer highlighted this transaction as a chance to focus on digital transformation.
Sysco has launched its innovative Restaurant Readiness Tool, designed to assist restaurant operators in re-opening as COVID-19 restrictions ease. This tool offers a virtual tour of a restaurant, showcasing best practices for health and safety through interactive icons, videos, and product recommendations. The shopping experience integrates with Sysco's platform, Sysco SHOP. Additional resources include checklists and guidance for optimizing menus and implementing contactless service strategies. Sysco aims to support the restaurant industry during these challenging times.
Sysco Corporation (NYSE: SYY) will webcast live from the Jefferies Virtual Consumer Conference on June 24, 2020, at 8:30 a.m. ET. Investors can access the live event through investors.sysco.com, where an archived replay will be available shortly after. Sysco, a global leader in food product distribution, generated over $60 billion in sales for fiscal 2019. The company utilizes its website to disclose key information to investors, ensuring transparency and accessibility for material insights.
Sysco Corporation (NYSE:SYY) has declared a quarterly cash dividend of $0.45 per share, with payment scheduled for July 24, 2020. Shareholders on record by the close of business on July 2, 2020 will be eligible for this dividend. For the fiscal year ending June 29, 2019, Sysco reported sales exceeding $60 billion, affirming its position as a leader in food distribution to various sectors such as restaurants and healthcare.
Sysco Corporation (NYSE:SYY) announced it will webcast its presentation at the 2020 Bernstein Strategic Decisions Conference on May 29 at 9:00 a.m. ET. The live event can be accessed through investors.sysco.com, and an archived replay will be available after the event. Sysco, a leader in food distribution with over 320 facilities globally, generated over $60 billion in sales for fiscal 2019.
Sysco Corporation (NYSE: SYY) will webcast its presentation at the BMO Farm to Market Conference on May 14 at 9:20 a.m. ET. The live event can be accessed via investors.sysco.com. An archived version will be available after the presentation. Sysco is a leader in selling and distributing food products, serving over 650,000 customer locations globally. For fiscal 2019, Sysco reported sales of over $60 billion. The company prioritizes investor relations through its website for sharing key information.
Sysco Corporation (NYSE:SYY) announced the appointment of Marie Robinson as executive vice president and chief supply chain officer. Robinson, with extensive experience in global supply chain leadership, will oversee Sysco's supply chain transformation aimed at enhancing profitable growth through tailored solutions. Previously, she held senior roles at Capri Holdings and Michael Kors, focusing on logistics and operational efficiency. Sysco, a leader in food distribution, generated over $60 billion in sales for fiscal 2019, operating more than 320 distribution facilities worldwide.
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