Argus Research upgraded Sysco from Hold to Buy and set a new price target of $95.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 5/26/2022 | $98.00 | Neutral → Overweight | JP Morgan |
4 - SYSCO CORP (0000096021) (Issuer)
3/A - SYSCO CORP (0000096021) (Issuer)
4 - SYSCO CORP (0000096021) (Issuer)
SC 13G/A - SYSCO CORP (0000096021) (Subject)
SC 13G/A - SYSCO CORP (0000096021) (Subject)
SC 13G/A - SYSCO CORP (0000096021) (Subject)
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
Piper Sandler resumed coverage of Sysco with a rating of Neutral and set a new price target of $73.00
HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) ("Sysco" or the "company") today announced financial results for its 13-week third fiscal quarter ended March 29, 2025. Key financial results for the third quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): Sales increased 1.1%; U.S. Foodservice volume decreased 2.0%;Gross profit decreased 0.8% to $3.6 billion;Operating income decreased 5.7% to $681 million, and adjusted operating income decreased 3.3% to $773 million1;Net earnings decreased 5.6% to $401 million, and adjusted net earnings decreased 2.9% to $469 million1;EBITDA decreased 2.5% to $910 million, a
HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a $0.03 increase in the quarterly cash dividend to $0.54 per share from the current $0.51 per share. The new dividend is payable for the first time on July 25, 2025, to common stockholders of record at the close of business on July 3, 2025. "The Board's decision to increase the dividend by 6% reflects Sysco's continued commitment to maintaining a healthy dividend payout ratio of 40% to 50% of adjusted EPS, while delivering long-term shareholder value and continuing our track record as a Dividend Aristocrat. The planned $0.12 annual dividend increase for fisca
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
HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) ("Sysco" or the "company") today announced financial results for its 13-week third fiscal quarter ended March 29, 2025. Key financial results for the third quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): Sales increased 1.1%; U.S. Foodservice volume decreased 2.0%;Gross profit decreased 0.8% to $3.6 billion;Operating income decreased 5.7% to $681 million, and adjusted operating income decreased 3.3% to $773 million1;Net earnings decreased 5.6% to $401 million, and adjusted net earnings decreased 2.9% to $469 million1;EBITDA decreased 2.5% to $910 million, a
HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a $0.03 increase in the quarterly cash dividend to $0.54 per share from the current $0.51 per share. The new dividend is payable for the first time on July 25, 2025, to common stockholders of record at the close of business on July 3, 2025. "The Board's decision to increase the dividend by 6% reflects Sysco's continued commitment to maintaining a healthy dividend payout ratio of 40% to 50% of adjusted EPS, while delivering long-term shareholder value and continuing our track record as a Dividend Aristocrat. The planned $0.12 annual dividend increase for fisca
HOUSTON, April 08, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its third quarter fiscal year 2025 financial results at 10 a.m. EDT on Tuesday, April 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, found
8-K - SYSCO CORP (0000096021) (Filer)
8-K - SYSCO CORP (0000096021) (Filer)
8-K - SYSCO CORP (0000096021) (Filer)
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
HOUSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation, the leading global foodservice distribution company, has appointed Jennifer Kaplan Schott to the position of Executive Vice President, Chief Legal Officer, effective April 1, 2025. "I'm delighted to welcome Jennifer to our executive leadership team," said Kevin Hourican, Chair of the Board and Chief Executive Officer, Sysco. "Jennifer's extensive experience across multiple fields of law, and in complex multinational businesses, make her the ideal leader to join us as we continue to advance our Recipe for Growth strategy, while protecting the interests of our company and our people." Schott joins Sysco with over 25
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