5 Followers USX:SYY - Sysco Corp Sysco Corporation
Sector: Consumer Staples, Industry: Food Distributors
Next Earnings: 30 Apr 2024
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USD 81.18    -0.76 (-0.93%)

28 Mar 2024


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General

CEO: Mr. Kevin P. Hourican

IPO: 1973-05-08

Headquarters: US

Employees: 72,000

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Description

Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm’s revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.

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