Food Distributors

Sysco

Sysco Announces Acquisition of JRD Unico and Warehouse Realty, Projecting $250M Annual Cost Synergies

CFRA Maintains S&P Hold Rating and Raises Price Target for Sysco

Stryker CEO Sees New Opportunities and Enhances Sales Performance with AI Platform

BMO Reiterates Buy Rating on Sysco with a Price Target of $90

Sysco released FY2026 Q3 earnings on April 28 During-Market (EST), actual revenue USD 20.52 B (forecast USD 20.56 B), actual EPS USD 0.7093 (forecast USD 0.94)

Sysco released FY2026 9 Months Earnings on April 28 During-Market EST, actual revenue USD 62.43 B, actual EPS USD 2.5093

Sysco Corporation Reports Q3 2026 Earnings

Sysco Reports Q3 2026 Earnings Below Estimates

Sysco to Release FY2026 Q3 Earnings on April 28 During-Market EST, Forecast Revenue USD 20.55 B, EPS USD 0.94

Mirae Asset Global Investments Increases Holdings in Sysco

Sysco Signs New Credit Agreement to Support Acquisition of Jetro

Citigroup Downgrades Sysco's Target Price and Reiterates Neutral Rating

Sysco CEO Plans to Open 125 New Restaurant Depot Stores Using Sysco's Supply Chain

SYSCO Plans to Suspend Stock Repurchase

Sysco to Acquire Restaurant Depot for $2.9Billion

Barclays Analyst Reiterates Buy Rating on Sysco

Aberdeen Group Reduces Holding in Sysco by 21%

Sodexo Union Members Vote to Authorize Strike

Sysco Announces $1.25 Billion Senior Note Issuance

SYSCO Files for Senior Note Issuance

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Sysco Corp. (SYY) shares rose 1.31% to $73.52, outperforming competitors in a mixed trading session. The Dow Jones increased by 0.32%, while the S&P 500 fell by 0.07%. Sysco's stock is still 19.95% below its 52-week high of $91.85. Competitors Amazon, Walmart, and Costco also saw gains. Trading volume was 3.7 million, below the 50-day average of 5.0 million.

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Sysco Corp. Stock Outperforms Competitors On Strong Trading Day

Sysco announced its acquisition plan for JRD Unico, Inc. and Warehouse Realty, LLC, the parent companies of Jetro Restaurant Depot, aiming to enhance its distribution scale and reach in the foodservice market. The acquisition is framed as a transformative move for Sysco's growth strategy, though it carries regulatory and integration risks. Analysts rate Sysco stock (SYY) as a Buy with a $90 price target, while Spark's AI Analyst gives it a Neutral rating due to stable results but high leverage concerns.

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Sysco Unveils Transformative Jetro Restaurant Depot Acquisition Plan

Sysco presented an investor deck on May 18, 2026, regarding its acquisition of JRD Unico and Warehouse Realty, highlighting $250M in annualized net cost synergies. The pro forma combined business is expected to increase revenue by ~20%, adjusted EBITDA by ~45%, and free cash flow by ~55%. Sysco aims for a ~1.0x net leverage reduction within 24 months and plans to open over 125 new Restaurant Depot locations, targeting an additional $2B in annual free cash flow.

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Sysco presents investor deck on proposed acquisition of JRD Unico and Warehouse Realty, outlines $250M synergies and de-leveraging plan

Drivers at Sysco Western Minnesota, represented by Teamsters Local 120, have unanimously authorized a strike if an acceptable collective bargaining agreement is not reached before their current contract expires on May 17. They demand higher wages, retirement security, and affordable health care, citing Sysco's significant profits. Teamsters President Tom Erickson emphasized that workers are prepared to strike to secure fair compensation, highlighting recent successful contracts negotiated by Sysco Teamsters nationwide.

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15:30 ETMINNESOTA SYSCO TEAMSTERS UNANIMOUSLY AUTHORIZE STRIKE

Are Wall Street Analysts Predicting Sysco Stock Will Climb or Sink?

Barchart Option

Are Wall Street Analysts Predicting Sysco Stock Will Climb or Sink?

Sysco (SYY) reported its Q3 results, showing increased sales but decreased net income compared to last year. The stock has seen a short-term decline, with a 1-day return of 0.61% and a 90-day drop of 15.77%. Despite a 1-year total shareholder return of 4.71%, concerns about restaurant traffic and consumer confidence persist. Analysts suggest Sysco is undervalued, with a fair value estimate of $88 per share against a closing price of $72.88. The company is expanding its fulfillment capacity and implementing pricing tools to enhance margins and revenue.

Simplywall

A Look At Sysco (SYY) Valuation After Q3 Sales Growth And Softer Net Income

USFD

US Foods is set to report its Q1 earnings, having previously missed revenue expectations with $9.8 billion in revenue, a 3.3% year-on-year increase. Analysts expect a similar growth rate this quarter, but sentiment has turned bearish with many downward revisions in revenue estimates. Comparatively, peers like Sysco and Rush Street Interactive have shown stronger performance. US Foods shares have risen 1% recently, with an average analyst price target of $109.33 against a current price of $91.84.

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US Foods (USFD) Reports Q1: Everything You Need To Know Ahead Of Earnings

Sysco reported a rise in third-quarter sales to $20.5 billion but a decline in net income to $340 million, raising concerns about profit improvement. The company is restructuring its balance sheet with new credit facilities and a share repurchase program. Despite higher sales, the reliance on restaurant traffic and consumer spending poses risks. Sysco's long-term narrative projects $93.2 billion in revenue by 2029, with a fair value estimate of $88.07 per share, indicating a potential 21% upside. Investors are advised to consider various perspectives on Sysco's prospects.

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How Rising Sales and Lower Earnings At Sysco (SYY) Have Changed Its Investment Story

Sysco Corp. (SYY) shares fell 2.11% to $72.49 on Monday, marking its second consecutive day of losses amid a declining stock market. The S&P 500 Index decreased by 0.41%, while the Dow Jones Industrial Average dropped 1.13%. Sysco's stock is currently 21.07% below its 52-week high of $91.85. In contrast, competitors like Amazon.com Inc. rose by 1.41%, while Walmart Inc. and Costco Wholesale Corp. had mixed performances. Trading volume for Sysco was 3.7 million, below its 50-day average of 5.0 million.

Sysco Corp. Stock Underperforms Monday When Compared To Competitors

Sysco(SYY.US)

Sysco Corp. Stock Outperforms Competitors On Strong Trading Day

Sysco Unveils Transformative Jetro Restaurant Depot Acquisition Plan

Sysco presents investor deck on proposed acquisition of JRD Unico and Warehouse Realty, outlines $250M synergies and de-leveraging plan

15:30 ETMINNESOTA SYSCO TEAMSTERS UNANIMOUSLY AUTHORIZE STRIKE

Are Wall Street Analysts Predicting Sysco Stock Will Climb or Sink?

A Look At Sysco (SYY) Valuation After Q3 Sales Growth And Softer Net Income

US Foods (USFD) Reports Q1: Everything You Need To Know Ahead Of Earnings

How Rising Sales and Lower Earnings At Sysco (SYY) Have Changed Its Investment Story

Sysco Corp. Stock Underperforms Monday When Compared To Competitors