Valued at $37.8 billion by market capitalization, Sysco Corporation (SYY) is a major force in the global food-service supply chain and a key player in the consumer staples sector. Headquartered in Houston, Texas, the company keeps restaurants, hotels, hospitals, schools, and other food-service operators running by distributing an extensive range of products, from fresh produce, meat, seafood, dairy, and frozen foods to beverages, imported specialties, kitchen equipment, and cleaning supplies.
The food-service giant is gearing up to report its fiscal first-quarter earnings soon. Analysts expect Sysco to deliver diluted EPS of $1.16, edging up marginally from $1.15 per share in the same quarter last year. Sysco has also shown a mixed earnings track record, beating consensus in three of the past four quarters but missing once.
