A California jury has awarded roughly $52 million to a group of truck drivers and yard workers who alleged they were retaliated against after raising safety, wage and regulatory concerns at Sysco, one of the nation’s largest food-distribution companies. The verdict stems from a lawsuit filed in Los Angeles County Superior Court against Sysco Riverside Inc. and Sysco Corp., in which multiple plaintiffs accused company managers of fostering a culture of intimidation toward employees who reported unsafe and ...

Sysco Corporation (NYSE:SYY) is one of the stocks Jim Cramer shed light on recently. Cramer called the stock “cheap,” as he said: Next, how about this rally in Sysco, and that’s the SYY kind, the food distributor, not the networking giant. Sysco shot up almost 11% on Tuesday in response to the company’s earnings report that morning. It was a modest top and bottom line beat, but even a small beat was impressive here because Wall Street has been pretty down on the restaurant industry, which… Sysco’s core cu ...

The Zacks Food-Miscellaneous industry is operating in a challenging environment marked by cautious consumer spending and persistent cost pressures. While food demand remains relatively defensive, value-oriented purchasing behavior and uneven foodservice traffic have weighed on volume growth and pricing flexibility. At the same time, elevated input and operating costs continue to pressure margins. Despite these headwinds, health-focused innovation and portfolio modernization remain key bright spots, as consu ...

Diamond Hill Capital, an investment management company, released its “Large Cap Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equity markets continued their upward momentum in Q4, with the Russell 1000 Value Index increasing 3.8%. The information technology (+11%) and communication services (+9%) sectors are leading the rally, driven by AI optimism. The growth areas of the market accounted for the majority of the Index’s return in Q4. The firm maintains a cautious s ...

HOUSTON, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the CAGNY 2026 Conference on Tuesday, Feb. 17, 2026, at 3:00 p.m. ET. The live webcast for the event can be accessed at investors.sysco.com. An archived replay of the webcast will be available shortly after the live event is completed. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations section of its website, fou ...

Core Viewpoint - Sysco Corporation has demonstrated strong financial performance, leading to a notable increase in stock price and positive market outlook, supported by earnings surpassing estimates and a solid return on equity [2][4]. Financial Performance - Sysco reported earnings of $0.99 per share for the quarter, exceeding the consensus estimate of $0.98 [2][4]. - The company achieved revenue of $20.76 billion, slightly below expectations of $20.80 billion, but reflecting a 3% increase compared to the same period last year [2][4]. - Sysco's net margin stood at 2.21%, with a remarkable return on equity of 112.04% [2][4]. Stock Performance - Sysco's stock is currently priced at $83.92, marking a significant increase of 10.96% with a change of $8.29 [3]. - The stock has fluctuated between a low of $77.33 and a high of $83.96 today, with the latter being its highest price over the past year [3]. - The company has a market capitalization of approximately $40.19 billion, and the trading volume today reached 11,002,083 shares [3]. Dividend and Market Outlook - Sysco recently paid a quarterly dividend of $0.54 to stockholders of record as of January 2nd, indicating its commitment to returning value to shareholders [3]. - Barclays has set a price target of $92 for Sysco, suggesting a potential increase of 9.63% from its current trading price [2][4].

Company Overview - Sysco Corporation is a leading entity in the food distribution sector, serving a diverse clientele including restaurants and educational institutions [1] - The company has a strong presence in the U.S. market, positioning it as a formidable competitor against key distributors like US Foods and Performance Food Group [1] Financial Performance - Sysco reported an earnings per share (EPS) of $0.99, surpassing the consensus estimate of $0.98 [2][5] - The company's quarterly revenue was $20.76 billion, slightly below the expected $20.80 billion, but still reflecting a 3% increase compared to the same period last year [2][5] - Sysco achieved a net margin of 2.21% and a return on equity of 112.04% [3] Stock Performance - The stock price reached a new 52-week high of $83.91 following a strong earnings report, with the last trading price at $80.05 [2][3] - Barclays upgraded Sysco's rating to "Overweight" and raised its price target from $88 to $92 [2][5] - The stock has fluctuated between a low of $77.33 and a high of $83.96 over the past year, with a market capitalization of approximately $40.19 billion [4] Future Outlook - Sysco has raised its annual profit forecast to $4.60 per share, indicating confidence in continued strong performance [3][5] - The company’s strong performance in the U.S. market is driven by high demand for its products [3]

Sysco Corporation (NYSE:SYY) reported upbeat second-quarter fiscal 2026 earnings on Tuesday.The company reported second-quarter adjusted earnings per share of 99 cents, beating the analyst consensus estimate of 98 cents. Quarterly sales came in at $20.762 billion, essentially matching the Street view of $20.767 billion and marking a 3.0% year-over-year increase."We delivered our third consecutive quarter of sequentially improving local case growth. More importantly, USFS local case volume is now positive, h ...

Sysco Corporation (NYSE:SYY) reported upbeat second-quarter fiscal 2026 earnings on Tuesday.The company reported second-quarter adjusted earnings per share of 99 cents, beating the analyst consensus estimate of 98 cents. Quarterly sales came in at $20.762 billion, essentially matching the Street view of $20.767 billion and marking a 3.0% year-over-year increase."We delivered our third consecutive quarter of sequentially improving local case growth. More importantly, USFS local case volume is now positive, h ...

Sysco Corporation (NYSE:SYY) reported earnings per share (EPS) of $0.99, surpassing estimates and indicating a 6.5% increase from the previous year.The company's revenue reached $20.76 billion, with robust international market growth and positive local case growth in U.S. Foodservice operations.Sysco raised its fiscal year 2026 earnings outlook, reflecting confidence in its strategic growth initiatives and market position.Sysco Corporation (NYSE:SYY) is a leading player in the foodservice distribution indus ...