Income investors love Dividend Aristocrats, which have a long history of increasing dividends consistently every single year. Those companies tend to be less volatile than non-dividend-paying companies, as their reliable and consistent payouts could provide a decent cushion during market downturns, reducing overall portfolio volatility. By investing in these stocks, investors receive both regular dividend income streams and the potential for capital appreciation when the business keeps growing. In this disc ...

Solid Operational Efficiency Image Source: Zacks Investment Research Further, Sysco aims at providing customer-oriented merchandising and marketing solutions to augment sales. The company also targets team-based selling, with an emphasis on important cuisines. Finally, Sysco is focused on cultivating new capacities, channels and segments, along with sponsoring investments via cost-saving initiatives. On its third-quarter fiscal 2024 earnings call, management highlighted that restaurant foot traffic has decl ...

Generally speaking, retirement income stocks tend to be boring, predictable affairs for a reason. At this point, you don't want to be rocking the boat. However, enterprises that are too boring can also be problematic because they may not be keeping pace with the times. On that note, it may be more advantageous to consider compelling enterprises that bring a healthy mixture of growth and dividends. Here's a rethink on the familiar narrative of retirement income stocks to buy. Sysco (SYY) Source: JHVEPhoto/Sh ...

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 more information contact: Kevin Kim Shannon Mutschler Investor Contact Media Contact kevin.kim@sysco.com shannon.mutschler@sysco.com T 281-584-1219 T 281-584-4059 For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations portion of its website as the primary channel for publishing key inf ...

Sysco Corporation (SYY) continues to thrive in the growing food-away-from-home industry. Emphasizing efficiency improvements through supply-chain productivity and prudent cost containment, the company demonstrated strong discipline and adaptability by navigating a soft customer environment in the third quarter of fiscal 2024. Sysco is a diversified company that covers every part of the growing food-away-from-home industry. The food- away-from-home channel has been capturing market share from the grocery cha ...

Sysco Corporation (SYY) offered insights into its ongoing endeavors to enhance core performance and advance the Recipe for Growth strategy, aimed at sustaining growth. Introduced three years ago, this strategy focuses on fostering market expansion across five pivotal pillars — Digital, Products and Solutions, Supply Chain, Customer Teams and Future Horizons. The leading foodservice distributor also outlined detailed financial growth targets for the next three fiscal years, emphasizing sustainable growth, op ...

HOUSTON, May 22, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest foodservice distributor, hosted its 2024 Investor Day at the New York Stock Exchange (NYSE) to present an update on the company's growth strategy and highlight initiatives that improve how the company serves its customers while delivering consistent financial performance. Sysco also provided a comprehensive financial outlook for the next three fiscal years based on the company's new growth algorithm which focu ...

HOUSTON, May 22, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest foodservice distributor, hosted its 2024 Investor Day at the New York Stock Exchange (NYSE) to present an update on the company's growth strategy and highlight initiatives that improve how the company serves its customers while delivering consistent financial performance. Kevin Hourican, Sysco's Chair of the Board and CEO, and other senior executives discussed how the company is driving core business performan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-Q (Exact name of registrant as specified in its charter) Delaware 74-1648137 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 1390 Enclave Parkway, Houston, Texas 77077-2099 (Address of principal executive offices) (Zip Code) (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended Mar ...

Call Start: 10:00 January 1, 0000 11:04 AM ET Sysco Corporation (NYSE:SYY) Q3 2024 Earnings Conference Call April 30, 2024, 10:00 am ET Company Participants Kevin Kim - VP, IR Kevin Hourican - President & CEO Kenny Cheung - EVP & CFO Conference Call Participants Alex Slagle - Jefferies John Heinbockel - Guggenheim Securities Mark Carden - UBS Jake Bartlett - Truist Securities Edward Kelly - Wells Fargo Kelly Bania - BMO Capital Markets Jeffrey Bernstein - Barclays Kendall Toscano - Bank of America Operator ...