SYY — Sysco
6 Articles
Sysco Misses Q3 Earnings Despite 4.7% Sales Growth, EPS Falls to $0.71
Sysco reported Q3 2026 EPS of $0.71 (adjusted $0.94), missing estimates as higher compensation costs offset strong local volume growth of 3.3% and gross margin expansion.
Sysco Secures $6B in Credit Facilities to Finance Jetro Restaurant Depot Acquisition
Food distributor giant Sysco locks in $6 billion in new credit agreements ahead of closing its acquisition of Jetro Restaurant Depot, replacing existing facilities with expanded capacity.
Sysco to Acquire Jetro Restaurant Depot for $21.6B Cash Plus Stock
Sysco announces transformative $21.6 billion cash and stock acquisition of Jetro Restaurant Depot, creating enhanced foodservice distribution powerhouse.
Sysco Announces Major Acquisition of Jetro Restaurant Depot
Food distributor Sysco moves to acquire Jetro Restaurant Depot in strategic expansion, reports strong Q2 2026 earnings of $1.80 per share.
Sysco CFO Kenny Cheung Exits for Fortune 10 Role, Brandon Sewell Named Interim
Sysco's CFO Kenny Cheung resigns to join a Fortune 10 company, with internal veteran Brandon Sewell stepping in as interim CFO effective March 6, 2026.
Sysco Raises $1.25 Billion in Senior Notes to Fund Operations
Food distributor Sysco issued $1.25 billion in senior notes across two tranches, with proceeds earmarked for general corporate purposes and commercial paper repayment.