7 Followers USX:SYY - Sysco Corp Sysco Corporation
Sector: Consumer Staples, Industry: Food Distributors
Next Earnings: 29 Oct 2024
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USD 75.19    +1.05 (+1.42%)
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20 Sep 2024


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General

Established: 1969

Country: USA

City: Houston

Employees: 76000

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Description

Sysco is the largest US foodservice distributor with 17% share of the highly fragmented $370 billion domestic market. It distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2024 revenue), education and government buildings (7%), travel and leisure (6%), healthcare facilities (7%), and other locations (18%) where individuals consume away-from-home meals. In fiscal 2024, 70% of the firm’s revenue was derived from its US foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments contributed the rest.

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