Sysco, Q3
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Sysco stock remains in focus after target revisions and cost pressures, highlighting trends in food distribution, restaurant demand, and consumer staples sector positioning
Sysco reported a lower profit in its fiscal third quarter, during which the food-supplies giant grew its sales and continued work toward its acquisition of Jetro Restaurant Depot.
Sysco Corporation (SYY) experienced a significant 15% drop in share price following its announcement of a transformative $29 billion acquisition of Jetro Restaurant Depot on March 30, 2026. The deal, expected to close by the third quarter of fiscal year ...
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Sysco’s big move reshapes restaurant supply game
Sysco is shaking up the foodservice industry with a $29 billion acquisition of Restaurant Depot, blending its delivery network with a self-service warehouse model. The move aims to give restaurants more choice, better pricing, and flexible ordering options.
April 28 (Reuters) - Sysco on Tuesday reported third-quarter sales below Street estimates, hurt by weakening restaurant demand for packaged food, sending its shares down about 3% in early trading. The packaged and fresh food distributor maintained its annual profit forecast,
Sysco Corporation (SYY), headquartered in Houston, Texas, is a global leader in foodservice distribution. With a market cap of $37.63 billion, Sysco provides various food products, kitchen equipment, and related services to restaurants, healthcare ...
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Sysco sees Q4 local volume up 2.5% amid $29.1B deal
Sysco reported its strongest U.S. local volume growth in three years for Q3 FY2026 and reaffirmed full-year EPS guidance at the high end of $4.50–$4.60. Management forecast at least 2.5% local volume growth in Q4 while preparing for a $29.1 billion ...
Q3 earnings slipped as costs rose, but revenue, volumes and free cash flow grew. See key segment results, inflation trends and FY EPS outlook.
RiverDogs, Sysco Launch First-of-its-Kind ‘Behind the Plate’ Platform to Support Charleston’s Hospitality Industry CHARLESTON, SC – The Charleston RiverDogs and its longtime food distributor, Sysco, launched today an innovative new partnership,
On April 24, 2026, BofA lowered its price target on Sysco Corporation (NYSE:SYY) to $91 from $102 previously and maintained a Buy rating on the shares as part of a broader update to restaurant-sector