Houston, Texas-based Sysco Corporation (SYY) markets and distributes various food and related products to the food service or food-away-from-home industry. Valued at a market cap of $34.3 billion, the company provides products and related services to customers, including restaurants, health care and educational facilities, lodging establishments, and other food service customers.
The food distributor's shares have lagged behind the broader market over the past 52 weeks. Sysco has declined 11.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.7%. Moreover, the stock is down 8.2% on a YTD basis, compared to SPX’s 3.1% rise during the same time frame.
