Sysco (SYY)

Company Profile

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 57,000 associates, the company operates 326 distribution facilities worldwide and serves more than 625,000 customer locations. For fiscal 2020 that ended June 27, 2020, the company generated sales of more than $52 billion.

Company profile

Ticker

SYY

Exchange

NYSE

Website

www.sysco.com

CEO

Kevin Hourican

Incorporated

Delaware

Location

Texas

Fiscal year end

Jul 01

Sector

Retail Trade > Supermarkets and Other Grocery (except Convenience) Stores

Industry (SIC)

Wholesale - Groceries & Related Products

US Foods Holding • Dominos Pizza • Cuentas • Alkame • HF Foods • Rave Restaurant • Alkaline Water Company Inc • Veroni Brands • Sino Green Land • Loha ...

SEC CIK

0000096021

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

2234829 Alberta ULC • 2234842 Alberta ULC • Almacén Fiscal Frionet Caldera, S.A. • Almacén Fiscal Frionet Limón, S.A. • Arnotts (Fruit) Limited • Bahamas Food Holdings Limited • Bahamas Food Services Limited • Bellissimo Distribution, LLC • Bellissimo Foods Company, LLC • Bellissimo Group, LLC ...

IRS number

741648137

SYY stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$87.00

Low target

$80.00

High target

$94.00

Latest filings (excl ownership)

View all

31 Jan 23

Sysco Reports Second Quarter Results

31 Jan 23

8-K

Sysco Announces Cfo Transition Process

15 Dec 22

8-K

Submission of Matters to a Vote of Security Holders

1 Nov 22

Sysco Delivers Double-digit Sales and Profit Growth

1 Nov 22

PX14A6G

Letter to shareholders

26 Oct 22

PX14A6G

Letter to shareholders

25 Oct 22

DEFA14A

Additional proxy soliciting materials

25 Oct 22

8-K

Entry into a Material Definitive Agreement

24 Oct 22

Transcripts

View all

SYY

Earnings call transcript

2023 Q2

31 Jan 23

SYY

Earnings call transcript

2023 Q1

1 Nov 22

SYY

Earnings call transcript

2022 Q4

9 Aug 22

SYY

Earnings call transcript

2022 Q3

10 May 22

SYY

Earnings call transcript

2022 Q2

8 Feb 22

SYY

Earnings call transcript

2022 Q1

9 Nov 21

SYY

Earnings call transcript

2021 Q3

4 May 21

SYY

Earnings call transcript

2021 Q2

2 Feb 21

SYY

Earnings call transcript

2021 Q1

3 Nov 20

SYY

Earnings call transcript

2020 Q4

11 Aug 20

Latest ownership filings

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WELLINGTON MANAGEMENT GROUP LLP

Financial summary

Financial statements Chart SYY financial data

Quarter (USD)	Dec 22	Oct 22	Jul 22	Apr 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jul 22	Jul 21	Jun 20	Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	585.65 mm	585.65 mm	585.65 mm	585.65 mm	585.65 mm	585.65 mm
Cash burn (monthly)	(no burn)	70.77 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	194.53 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	391.12 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	5.5	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Sysco earnings reports.

Institutional ownership, Q4 2022

SYY institutional ownership history Ownership history

83.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1396	1355	+3.0%
Opened positions	164	113	+45.1%
Closed positions	123	156	-21.2%
Increased positions	492	490	+0.4%
Reduced positions	504	514	-1.9%

13F shares	Current	Prev Q	Change
Total value	31.84 tn	27.35 bn	+116325.9%
Total shares	425.17 mm	386.70 mm	+9.9%
Total puts	1.32 mm	1.51 mm	-12.7%
Total calls	2.26 mm	2.60 mm	-12.9%
Total put/call ratio	0.6	0.6	+0.2%

Largest owners	Shares	Value	Change
Vanguard	47.59 mm	$3.64 tn	+0.9%
BLK Blackrock	32.04 mm	$2.45 tn	+0.2%
Wellington Management	31.13 mm	$2.38 tn	-3.3%
STT State Street	24.72 mm	$1.89 tn	NEW
JPM JPMorgan Chase & Co.	15.56 mm	$1.19 tn	+0.3%
Parnassus Investments	13.08 mm	$999.68 bn	+144.3%
Aristotle Capital Management	11.44 mm	$874.95 bn	+422.4%
FMR	9.88 mm	$755.45 bn	-7.3%
Geode Capital Management	8.75 mm	$669.81 bn	+1.9%
Lazard Asset Management	8.67 mm	$663.09 mm	-11.1%

Largest transactions	Shares	Bought/sold	Change
STT State Street	24.72 mm	+24.72 mm	NEW
Aristotle Capital Management	11.44 mm	+9.25 mm	+422.4%
Parnassus Investments	13.08 mm	+7.72 mm	+144.3%
Trian Fund Management	4.54 k	-7.17 mm	-99.9%
Norges Bank	5.20 mm	+5.20 mm	NEW
Eaton Vance Management	0.00	-2.08 mm	EXIT
MS Morgan Stanley	6.46 mm	+1.67 mm	+34.8%
IVZ Invesco	7.54 mm	-1.62 mm	-17.7%
Ceredex Value Advisors	0.00	-1.22 mm	EXIT
American Century Companies	5.15 mm	+1.18 mm	+29.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SYY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Mar 23	Thomas R Peck Jr	Common Stock	Payment of exercise	Dispose F	No	No	74.57	457	34.08 k	27,431.359
2 Feb 23	Sheila Talton	Common Stock	Sell	Dispose S	No	No	77.236	2,469	190.70 k	11,877.292
1 Jan 23	Alt Aaron E	Common Stock	Payment of exercise	Dispose F	No	No	76.45	672	51.37 k	37,166.262
30 Dec 22	Brutto Daniel J	Common Stock	Grant	Acquire A	No	No	76.84	194	14.91 k	28,190.552