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
Website
CEO
Thomas Bene
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
US Foods Holding • Dominos Pizza • Alkame • Alkaline Water Company Inc • HF Foods • Rave Restaurant • Cuentas • Veroni Brands • Sino Green Land • Loha ...
SEC CIK
Corporate docs
Subsidiaries
2234829 Alberta ULC • 2234842 Alberta ULC • Almacén Fiscal Frionet Caldera, S.A. • Almacén Fiscal Frionet Limón, S.A. • Bahamas Food Holdings Limited • Bahamas Food Services Limited • Bellissimo Distribution, LLC • Tocco Food Company • Bellissimo Foods Company, LLC • Bellissimo Group, LLC ...
IRS number
741648137
SYY stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
31 Jan 24
8-K
Sysco Reports Second Quarter Eps Growth, Driven by Increasing Volumes and Positive Operating Leverage
30 Jan 24
8-K
Submission of Matters to a Vote of Security Holders
20 Nov 23
8-K
Entry into a Material Definitive Agreement
17 Nov 23
8-K
Entry into a Material Definitive Agreement
9 Nov 23
424B2
Prospectus for primary offering
7 Nov 23
FWP
Free writing prospectus
6 Nov 23
424B3
Prospectus supplement
6 Nov 23
10-Q
2024 Q1
Quarterly report
31 Oct 23
8-K
Sysco Reports First Quarter Sales and Operating Income Growth; Reiterates Fiscal Year 2024 Guidance
31 Oct 23
Transcripts
SYY
Earnings call transcript
2024 Q2
30 Jan 24
SYY
Earnings call transcript
2024 Q1
31 Oct 23
SYY
Earnings call transcript
2023 Q4
1 Aug 23
SYY
Earnings call transcript
2023 Q3
2 May 23
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
Latest ownership filings
4
James Chris Jasper
15 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
4
Neil Russell
8 Mar 24
144
Notice of proposed sale of securities
6 Mar 24
4
Thomas R Peck Jr
4 Mar 24
144
Notice of proposed sale of securities
23 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
WELLINGTON MANAGEMENT GROUP LLP
8 Feb 24
144
Notice of proposed sale of securities
30 Jan 24
144
Notice of proposed sale of securities
30 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jul 23 | Apr 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jul 23 | Jul 22 | Jul 21 | Jun 20 | |
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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) | 728.11 mm | 728.11 mm | 728.11 mm | 728.11 mm | 728.11 mm | 728.11 mm |
Cash burn (monthly) | 79.31 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 474.75 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 253.36 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
58.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1193 |
Opened positions | 157 |
Closed positions | 281 |
Increased positions | 371 |
Reduced positions | 490 |
13F shares | Current |
---|---|
Total value | 20.03 tn |
Total shares | 291.95 mm |
Total puts | 330.39 k |
Total calls | 145.81 k |
Total put/call ratio | 2.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 47.84 mm | $3.50 tn |
STT State Street | 26.60 mm | $1.95 tn |
Wellington Management | 15.18 mm | $1.11 tn |
IVZ Invesco | 12.05 mm | $881.18 bn |
JPM JPMorgan Chase & Co. | 11.91 mm | $871.21 bn |
Parnassus Investments | 10.95 mm | $801.13 bn |
FMR | 9.56 mm | $699.44 bn |
Capital World Investors | 9.35 mm | $683.60 bn |
Longview Partners | 7.57 mm | $553.45 bn |
NTRS Northern Trust | 5.93 mm | $433.75 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | James Chris Jasper | Common Stock | Sell | Dispose S | No | Yes | 80.41 | 4,000 | 321.64 k | 18,531.277 |
6 Mar 24 | Neil Russell | Common Stock | Sell | Dispose S | No | Yes | 80 | 1,722 | 137.76 k | 24,081.691 |
6 Mar 24 | Neil Russell | Common Stock | Option exercise | Acquire M | No | Yes | 58.08 | 1,722 | 100.01 k | 25,803.691 |
6 Mar 24 | Neil Russell | Stock Options Common Stock | Option exercise | Dispose M | No | Yes | 58.08 | 1,722 | 100.01 k | 3,407 |
1 Mar 24 | Thomas R Peck Jr | Common Stock | Payment of exercise | Dispose F | No | No | 80.97 | 437 | 35.38 k | 36,575.359 |
29 Dec 23 | Brutto Daniel J | Common Stock | Grant | Acquire A | No | No | 73.04 | 222 | 16.21 k | 32,030.097 |
29 Dec 23 | Alison Kenney Paul | Common Stock | Grant | Acquire A | No | No | 73.04 | 68 | 4.97 k | 6,643 |
News
Peering Into Sysco's Recent Short Interest
21 Mar 24
JP Morgan Maintains Overweight on Sysco, Raises Price Target to $87
19 Mar 24
(SYY) - Analyzing Sysco's Short Interest
9 Feb 24
BMO Capital Maintains Outperform on Sysco, Raises Price Target to $90
31 Jan 24
Microsoft To Rally More Than 16%? Here Are 10 Top Analyst Forecasts For Wednesday
31 Jan 24
Press releases
Sysco Honors Louisville Fire Department for Heroic Bridge Rescue by Filling Firehouse Pantries, Donating $20,000 to Annual Award Banquet
22 Mar 24
Sysco CEO Kevin Hourican, Louisville Mayor Craig Greenberg, Louisville Fire Chief Brian O'Neill Announce Sysco Donations to Honor Heroic Bridge Rescue
21 Mar 24
Tapestry, Inc. Appoints Kevin Hourican and David Elkins to Board of Directors
29 Feb 24
Sysco Declares Quarterly Dividend Payment
21 Feb 24