Sysco(SYY)

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Is Sysco (SYY) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-10-01 17:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is m ...
Is Sysco (SYY) a Great Value Stock Right Now?
ZACKS· 2024-10-01 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover Sysco (SYY)
ZACKS· 2024-10-01 13:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...
Sysco's Secret Sauce: How SYY Stock is Positioned for Growth
ZACKS· 2024-09-24 16:47
Sysco Corporation (SYY) , the global leader in foodservice distribution, continues to hold its position as a key player in the food-away-from-home industry. Despite economic headwinds, including soft restaurant traffic, the company continues to demonstrate resilience and adaptability. Its ability to improve operational efficiency and support its local restaurant customers helped mitigate some of the challenges stemming from shifting consumer behaviors and increased competition. By leveraging its Recipe for ...
Why Sysco (SYY) is a Top Growth Stock for the Long-Term
ZACKS· 2024-09-20 14:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Score ...
Canada's Largest Food Distributor Adds Electric Tractors to Fleet in Victoria, British Columbia
GlobeNewswire News Room· 2024-09-05 22:00
VICTORIA, British Columbia, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, celebrated the arrival of 8 heavy-duty electric tractors to their fleet in Victoria, which serves over 1,500 customers including restaurants, healthcare and education customers. In total, Sysco now has over 130 heavy-duty electric tractors globally across the United States, Canada, United Kingdom and Sweden. "We are excited to scale our electric truck fleet into Canada an ...
Sysco Corporation (SYY) Barclays 17th Annual Global Consumer Staples Conference (Transcript)
2024-09-05 01:25
Sysco Corporation (NYSE:SYY) Barclays 17th Annual Global Consumer Staples Conference September 4, 2024 1:30 PM ET Company Participants Kevin Hourican - Chairman, President and CEO Kenny Cheung - CFO Conference Call Participants Jeffrey Bernstein - Barclays Jeffrey Bernstein Good afternoon, everyone. Thank you for joining us. My name is Jeff Bernstein. I'm the restaurant and foodservice distribution analyst here at Barclays. I'm thrilled to introduce our next presenting company. We have Sysco Corporation. Wi ...
Sysco(SYY) - 2024 Q4 - Annual Report
2024-08-27 22:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-6544 ________________ Sysco Corporation (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or org ...
Twenty-Three Sysco Delivery Partners Inducted Into the 2024 International Foodservice Distribution Truck Driver Hall of Fame
GlobeNewswire News Room· 2024-08-20 12:00
HOUSTON, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, announced that the International Foodservice Distribution Association (IFDA) named 23 of Sysco's Delivery Partners to its prestigious 2024 Truck Driver Hall of Fame. The IFDA Truck Driver Hall of Fame program recognizes the foodservice industry's top drivers for their outstanding records of service and safety. For those selected, being inducted is a lifetime honor. "We're incredibly proud of ...
Sysco Leading the Industry in FSMA Food Traceability Compliance
GlobeNewswire News Room· 2024-08-19 21:00
HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY), the world's largest food distributor, today announced its comprehensive plan to support the Food Traceability Rule, issued by the U.S. Food and Drug Administration (FDA) under the Food Safety Modernization Act (FSMA). The new Food Traceability Rule mandates establishing a traceability recordkeeping system for certain foods to facilitate faster identification and rapid removal of potentially harmful products from the market. Effective s ...