Tag: Sysco

Sysco Needs to Play Catch-Up with Foodservice Distributor Peers

Sysco, once a force in foodservice distribution, is now struggling to keep pace with rivals as missed sales expectations raise concerns about its strategies. Competitive weaknesses suggest that, without meaningful change, Sysco’s lackluster stock performance could continue.

Safety, Productivity Found at Intersection of People and AI

At a recent International Foodservice Distributors Association (IFDA) event, stakeholders considered AI’s industry impact. Topics included supply chain dynamics, tech-enabled safety measures, and the need for in-person connectivity.

Foodservice Gamechangers

Get to know the men and women behind the scenes of foodservice distribution in a new, limited series from The Food Institute Podcast called “Foodservice Gamechangers.”

Foodservice Distributors Continue to Prosper

2022 was a strong year for food and beverage stocks – and particularly the biggest manufacturers in the industry. On average, including dividends, General Mills, Kraft Heinz, Campbell Soup, Kellogg, and Conagra Brands returned 22.6%. …

Foodservice Distributors Heavily Impacted by COVID-19

Sysco Corp.’s fiscal second-quarter results came in below analysts’ estimates on pandemic-related constraints, with the Houston-based food distributor posting adjusted earnings of $0.17 per share, well under the Zacks consensus estimate of $0.35 per share …