Company Announcement - Happy Belly Food Group Inc has secured a national food distribution agreement with Sysco, allowing all brands in its portfolio to participate in the program [1] - The partnership with Sysco enables Happy Belly to benefit from Sysco's buying power, distribution network, and cost-saving benefits, enhancing operational efficiency and revenue growth [2][3] - The agreement provides consistent access to high-quality products at competitive prices, reduces food costs, streamlines inventory management, and minimizes stock shortages through Sysco's reliable supply chain [3] About Sysco - Sysco is the global leader in selling, marketing, and distributing food and related products to customers who prepare meals away from home, including restaurants, healthcare facilities, and entertainment venues [5] - Sysco operates over 340 distribution centers in more than 10 countries, with 76,000 colleagues serving approximately 730,000 customer locations [5] - The company generated sales of more than $78 billion in fiscal year 2024 [5] About Happy Belly Food Group - Happy Belly Food Group Inc is a leading consolidator of emerging food brands [6]

HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, called on the International Brotherhood of Teamsters (IBT) to stop threatening strikes at its companies in multiple states and to start serious negotiations so Houston colleagues can enjoy the unprecedented wage increases we have offered. Sysco has been negotiating in good faith for several months with the goal of reaching an agreement by contract expiration on January 17. Sys ...

HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, called on the International Brotherhood of Teamsters (IBT) to stop threatening strikes at its companies in multiple states and to start serious negotiations so Houston colleagues can enjoy the unprecedented wage increases we have offered. Sysco has been negotiating in good faith for several months with the goal of reaching an agreement by contract expiration on January 17. Sys ...

Sysco Corporation’s (SYY) shares have seen a 2.5% rise over the past six months, outperforming the industry’s 7.8% decline. The company continues to benefit from the growing food-away-from-home sector, driving its success. With a focus on supply chain efficiency and cost containment, Sysco navigated challenges like soft restaurant traffic and shifting consumer preferences in the first quarter of fiscal 2025. Despite increased competition, its Recipe for Growth strategy and strategic acquisitions are key gro ...

HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its second quarter fiscal year 2025 financial results at 10 a.m. EDT on Tuesday, Jan. 28, 2025. All interested parties are invited to listen online at investors.sysco.com. Prior to the conference call and webcast, the company will also issue a news release and post a slide presentation in the investor relations section of its website. A replay of the webcast will be available online sho ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of SYY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or s ...

Through the partnership, customers will receive a compelling processing fee rebate and hardware credits when enrolling through SyscoHOUSTON, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world’s largest food distributor, announced a new partnership with Square to help restaurants of all sizes succeed and work smarter through powerful technology. Sysco supports its restaurant customers with a variety of services and offerings through its Sysco Restaurant Solutions program. The pr ...

Sysco Corporation (NYSE:SYY) Company Conference Call December 3, 2024 8:00 AM ET Company Participants Kenny Cheung - Chief Financial Officer Kevin Kim - Vice President, Investor Relations Conference Call Participants Brian Harbour - Morgan Stanley Brian Harbour Morning guys, thanks for joining us right at 8:00 am here. I’m Brian Harbour, I cover the food distributors and the restaurant space at Morgan Stanley. Also, the usual disclaimer - for important disclosures, please see the Morgan Stanley research di ...

It has been about a month since the last earnings report for Sysco (SYY) . Shares have added about 3.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Sysco due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Sysco Q1 Earnings Lag Estimates, Sales Fueled by Internati ...

Sysco has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.7% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of e ...