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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/28/2024 | $85.00 | Neutral → Buy | Guggenheim |
| 11/21/2023 | $73.00 | Neutral | Piper Sandler |
| 10/19/2023 | $75.00 | Buy | Deutsche Bank |
| 3/9/2023 | $90.00 | Buy | BofA Securities |
| 2/2/2023 | Buy → Hold | Argus | |
| 9/23/2022 | $90.00 | Overweight | Stephens |
| 5/26/2022 | $98.00 | Neutral → Overweight | JP Morgan |
| 3/11/2022 | Neutral | CL King |
Guggenheim upgraded Sysco from Neutral to Buy and set a new price target of $85.00
Piper Sandler resumed coverage of Sysco with a rating of Neutral and set a new price target of $73.00
Deutsche Bank initiated coverage of Sysco with a rating of Buy and set a new price target of $75.00
4 - SYSCO CORP (0000096021) (Issuer)
4 - SYSCO CORP (0000096021) (Issuer)
4 - SYSCO CORP (0000096021) (Issuer)
10-Q - SYSCO CORP (0000096021) (Filer)
8-K - SYSCO CORP (0000096021) (Filer)
DEF 14A - SYSCO CORP (0000096021) (Filer)
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) ("Sysco" or the "company") today announced financial results for its 13-week first fiscal quarter ended September 28, 2024. Key financial results for the first quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): Sales increased 4.4%; U.S. Foodservice volume increased 2.7%;Gross profit increased 2.9% to $3.8 billion;Operating income increased 0.5% to $808 million, and adjusted operating income increased 2.2% to $873 million1;EBITDA increased 3.4% to $1.0 billion, and adjusted EBITDA increased 4.4% to $1.1 billion1,2; andEPS3 remained flat at $0.99, compared t
KANSAS CITY, Mo., Oct. 15, 2024 (GLOBE NEWSWIRE) -- SYGMA Kansas City is pleased that our warehouse colleagues—represented by the International Brotherhood of Teamsters Local 955—have ratified a new collective bargaining agreement, ending the strike that began just 24 hours ago. We urge the Teamsters to always resolve issues at the negotiating table so we can avoid situations like this which are disruptive to our colleagues, their families, our communities, and our customers. "From the beginning, we had offered substantial and generous wage increases, including additional benefits our colleagues had requested," said Jon Ratnasamy, president of SYGMA. "Our commitment to good-faith neg
HOUSTON, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, announced the nationwide launch of 19 innovative, labor-saving concepts available exclusively for Sysco customers through the company's Cutting Edge Solutions platform. "At Sysco, we know how crucial it is for chefs to have the right tools at their disposal. That's why Sysco's culinary and merchandising teams have helped curate a selection of exclusive, new, chef-tested products designed to alleviate stress in the kitchen and revolutionize menus as our customers prepare for the busy season ahead," says Victoria Gutierrez, Sysco's Chief Merchandising Officer.
Tapestry, Inc. (NYSE:TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today announced that Kevin Hourican, President and Chief Executive Officer of Sysco Corporation (NYSE:SYY), and David Elkins, Executive Vice President and Chief Financial Officer of Bristol Myers Squibb (NYSE:BMY), have been appointed to the Company's Board of Directors. The appointments of Mr. Hourican and Mr. Elkins to the Board bring the membership to eleven, including ten independent directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240229220934/en/Kevin Hourican (Photo: Business Wire) J
NEW YORK and PALM BEACH, Fla., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. (together with its affiliates, "Trian", "our" or "we"), which beneficially owns $3 billion of common stock in The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company"), today submitted a notice of its intention to nominate two independent director candidates for election to the Disney Board of Directors (the "Board") at the Company's 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting"). Disney is one of the most iconic companies in the world with unrivaled scale, unparalleled customer loyalty, irreplaceable intellectual property ("IP"), and an enviable commercial flywheel. However,
HOUSTON, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, launched its One Planet. One Table. assortment, the foodservice industry's largest offering of certified and sustainably focused products. The Sysco One Planet. One Table. assortment includes over 3,000 items across 15 categories that are: Backed by one of 20+ leading sustainability certifications and standards, Included in Sysco's sustainability commitments for seafood or fresh produce, or Plant-based alternative proteins. "At Sysco, we're taking action to protect the health of our one and only planet. We have a growing market of customers looking for mo
B of A Securities analyst Kendall Toscano maintains Sysco (NYSE:SYY) with a Buy and lowers the price target from $91 to $87.
11 analysts have expressed a variety of opinions on Sysco (NYSE:SYY) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 3 3 0 0 Last 30D 0 0 1 0 0 1M Ago 1 0 0 0 0 2M Ago 2 3 1 0 0 3M Ago 2 0 1 0 0 In the assessment of 12-month price targets, analysts unveil insights for Sysco, presenting an average target of $84.27, a high estimate of $87.00, and a low estimate of $79.00. A 3.58% drop is evident in the current ave
Morgan Stanley analyst John Glass maintains Sysco (NYSE:SYY) with a Equal-Weight and lowers the price target from $82 to $81.
SC 13G/A - SYSCO CORP (0000096021) (Subject)
SC 13G/A - SYSCO CORP (0000096021) (Subject)
SC 13G/A - SYSCO CORP (0000096021) (Subject)
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) ("Sysco" or the "company") today announced financial results for its 13-week first fiscal quarter ended September 28, 2024. Key financial results for the first quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): Sales increased 4.4%; U.S. Foodservice volume increased 2.7%;Gross profit increased 2.9% to $3.8 billion;Operating income increased 0.5% to $808 million, and adjusted operating income increased 2.2% to $873 million1;EBITDA increased 3.4% to $1.0 billion, and adjusted EBITDA increased 4.4% to $1.1 billion1,2; andEPS3 remained flat at $0.99, compared t
HOUSTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its first quarter fiscal year 2025 financial results at 10 a.m. EDT on Tuesday, Oct. 29, 2024. All interested parties are invited to listen online at investors.sysco.com. Prior to the conference call and webcast, the company will also issue a news release and post a slide presentation in the investor relations section of its website. A replay of the webcast will be available online shortly after the live webcast is completed. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations section of its website, found at
HOUSTON, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.51 per share, payable on October 25, 2024, to common stockholders of record at the close of business on October 4, 2024. About Sysco Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 76,000 colleagues, the company operates 340 distribution facili