Citigroup initiated coverage on Sysco with a new price target
$SYY
Food Distributors
Consumer Discretionary
Citigroup initiated coverage of Sysco with a rating of Neutral and set a new price target of $78.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/23/2025 | $78.00 | Neutral | Citigroup |
| 12/18/2024 | $85.00 | Hold | Melius |
| 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 |
HOUSTON, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.54 per share, payable on October 24, 2025, to common stockholders of record at the close of business on October 3, 2025. About Sysco Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 337 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 730,000 customer locations. The co
HOUSTON, July 29, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) ("Sysco" or the "company") today announced financial results for its 13-week fourth fiscal quarter and its fiscal year ended June 28, 2025. Key financial results for the fourth quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): Sales increased 2.8%; U.S. Foodservice volume decreased 0.3%;Gross profit increased 3.9% to $4.0 billion;Operating income decreased 9.0% to $889 million, and adjusted operating income increased 1.1% to $1.1 billion1;Net earnings decreased 13.2% to $531 million, and adjusted net earnings increased 3.3% to $716 million1;EBITDA decreased 6.
PLANT CITY, Fla., July 24, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) celebrated today the grand opening of its newest facility, Sysco Tampa Bay, the ninth site opened in the past year as the company continues its global growth and expansion. Sysco Tampa Bay, the sixth broadline facility in Florida, will create more than 300 jobs in one of the state's most booming regions and is further evidence of the corporation's commitment to grow with its communities and customers. Sysco has opened or expanded 13 facilities in the past year, including in Allentown, Pa., Calgary, Canada, Ireland, London and Sweden. Sysco's Greco Italian food specialty company has opened three facilities si
Citigroup initiated coverage of Sysco with a rating of Neutral and set a new price target of $78.00
Melius initiated coverage of Sysco with a rating of Hold and set a new price target of $85.00
Guggenheim upgraded Sysco from Neutral to Buy and set a new price target of $85.00
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HOUSTON, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.54 per share, payable on October 24, 2025, to common stockholders of record at the close of business on October 3, 2025. About Sysco Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 337 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 730,000 customer locations. The co
HOUSTON, July 29, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) ("Sysco" or the "company") today announced financial results for its 13-week fourth fiscal quarter and its fiscal year ended June 28, 2025. Key financial results for the fourth quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): Sales increased 2.8%; U.S. Foodservice volume decreased 0.3%;Gross profit increased 3.9% to $4.0 billion;Operating income decreased 9.0% to $889 million, and adjusted operating income increased 1.1% to $1.1 billion1;Net earnings decreased 13.2% to $531 million, and adjusted net earnings increased 3.3% to $716 million1;EBITDA decreased 6.
HOUSTON, July 08, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its fourth quarter and fiscal year 2025 financial results at 10 a.m. EDT on Tuesday, July 29, 2025. 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, fou
PLANT CITY, Fla., July 22, 2025 (GLOBE NEWSWIRE) -- Today, Sysco Corporation, the leading global foodservice distribution company, is inviting media to attend a press conference and tour celebrating the grand opening of our newest distribution center, Sysco Tampa Bay. WHAT: Sysco Tampa Bay grand opening, ribbon-cutting, press conference and tourTIME AND DATE: 9:30 a.m. EST on July 24, 2025WHERE: 475 Charlie Taylor Road, Plant City, Fla., 33566KEY SPEAKERS: Sysco Chairman and CEO Kevin HouricanFlorida State Sen. Jay CollinsPlant City Mayor Nate KiltonFlorida State Commerce Department representative Madison LawsonSysco Region President Jane GroutRSVP AND QUESTIONS: [email protected] Sysco in
HOUSTON, July 21, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation, global leader in foodservice distribution, invites media to join it in a grand opening celebration of its second Sysco To Go store —a retail store designed to meet the needs of independent restaurants, food trucks, caterers and small businesses in the heart of Houston's medical, sports and entertainment hub. Strategically located in central Houston near various businesses and foodservice establishments, Sysco To Go expands access to well-priced, quality products – from Mexican and Pan-Asian to American bar & grill favorites.The grand opening event will feature a ribbon-cutting ceremony, product samples and opportunities to co
HOUSTON, April 14, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation announced today its new partnership as the official wholesale food distributor for the MICHELIN Guide. The collaboration links the world's largest food distributor to one of the world's most celebrated culinary events. The partnership will be celebrated at the 2025 MICHELIN Guide Florida Ceremony in Orlando on April 17 and will bring Sysco's high-quality, premium products and culinary expertise to one of the world's most celebrated culinary events. The MICHELIN Guide is renowned for its prestigious ratings and in-depth reviews of restaurants worldwide, representing the pinnacle of gastronomic achievement. "We are deligh