Sysco Metro New York Donates 2,500 Turkeys to Feed Those in Need This Thanksgiving
Rhea-AI Summary
Sysco (NYSE:SYY), the world's largest food distributor, has donated 2,500 turkeys and $10,000 to City Harvest, New York's first and largest food rescue organization. The donation is part of Sysco's Nourishing Neighbors® program, which allocates a portion of proceeds from Sysco branded case sales to local charitable organizations. Sysco Metro New York employees are volunteering at the Child Development Support in Brooklyn to distribute turkeys. The initiative comes as food assistance needs in New York City have increased 82% compared to pre-pandemic levels, with about 50% of working-age households struggling financially.
Positive
- Demonstrates strong community engagement and corporate social responsibility, enhancing brand value
Negative
- None.
News Market Reaction – SYY
In the trading session that priced this news, SYY declined 0.01%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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The company also donated
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world’s largest food distributor, presented a check for
This is an important time of year for food banks and pantries as they gear up to feed those in need this holiday season. Sysco Metro New York also delivered 2,500 turkeys to City Harvest to be distributed through local distribution events across the city this month. As part of Sysco’s annual Purpose Month, a month dedicated to volunteerism, Sysco colleagues are volunteering at the Child Development Support Corporation in Brooklyn to distribute some of the turkeys through the food bank and feed the community this Thanksgiving.
“We have a responsibility and unique opportunity to give back to the communities that have supported us through our Nourishing Neighbors program. We are honored to make this donation to City Harvest and help serve our community this holiday season. This is Sysco’s purpose – connecting the world to share food and care for one another,” says Anthony Ventresca, Sysco Metro New York Region President.
“Thanks to this generous donation from Sysco, thousands of families across New York City will be able to gather for a Thanksgiving meal this year,” says Carlos Rodriguez, City Harvest’s Chief Policy and Operations Officer. “This support comes at a critical time, with visits to New York City soup kitchens and food pantries at a record high.”
The need for food assistance in New York City is up
Learn more about Sysco’s sustainability and community efforts by visiting sysco.com/sustainability.
About Sysco
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 76,000 colleagues, the company operates 340 distribution facilities worldwide and serves approximately 730,000 customer locations. For fiscal year 2024 that ended June 29, 2024, the company generated sales of more than
For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoFoods. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.
For more information contact:
Cassandra Mauel
Media Contact
cassandra.mauel@sysco.com
T 281-584-4059
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/29b5206a-c45d-4178-be97-3007c959e7c6
