Sysco Stock: Is SYY underperforming the Consumer Staples Sector? Sysco has recently underperformed the broader consumer staples sector, but analysts are highly optimistic about the stock’s prospects. Barchart · Jun 24, 2024
Top 3 Food Maker Stocks to Buy in 2024 With inelastic demand for food products and the growing adoption of advanced technologies, the food maker industry is well-poised for continued solid growth. Hence, it could be wise to invest in top food maker stocks Sysco (SYY), US Foods Holding (USFD), and Lifeway Foods (LWAY) for impressive gains in 2024.… StockNews.com · Dec 27, 2023
This Stock is Feasting on Success During the Holidays There are a lot of traditions that surround the holidays…tree decorating, giving gifts, holiday lights, festive menorahs. But one tradition stands out above the rest when it comes to getting together with family and friends and celebrating this time of year. And that is going to a holiday party and… StockNews.com · Nov 30, 2023
3 Undervalued Dividend Aristocrats To Scoop Up at a Discount Looking for some hidden gems? Check out these three dividend champs that are trading at attractive valuations right now, and worth buying after recent pullbacks. Barchart · Nov 2, 2023
3 Stocks to Buy if You Believe Jeffrey Gundlach's Prediction of an Impending Recession Consumer staples stocks, such as Kroger and Sysco, can help you create a defensive moat for your portfolio if the U.S. economy enters a recession next year. Barchart · Oct 1, 2023
3 Food Maker Stocks Showing Strong Growth and Value Despite the macroeconomic headwinds, the food maker industry should stay afloat owing to the inelastic demand for food. Therefore, three fundamentally sound food maker stocks, Sysco Corp. (SYY), US Foods Holding Corp. (USFD), and SpartanNash Company (SPTN), showing strong growth and value, could be solid portfolio additions. Read more…. StockNews.com · Jul 4, 2023
Ask Lois travel questions: The best Fort Lauderdale chefs, and where to find ‘hidden gem’ restaurants Q: We are returning to live in the area after spending years in Los Angeles. We love it here, but most restaurants taste the same. They taste like Sysco. The food tastes like it was frozen at some point. It’s lacking original flavor and the special touch you can taste… Tribune News Service · Jan 9, 2023
3 Stocks That Thrive During Economic Uncertainty With the Fed signaling to keep raising rates through this year, the threat of a recession is looming. Given an uncertain market backdrop, investors should buy fundamentally sound stocks, PepsiCo (PEP), Humana (HUM), and Sysco Corp. (SYY), that can generate steady returns. Read on…. StockNews.com · Jan 3, 2023
3 Dividend Aristocrats to Buy Now for a Lifetime of Passive Income The stock market has experienced wild swings this year amid the Fed’s battle to curb the multi-decade high inflation levels with its stringent interest rate hikes. This has raised recession fears, and many economists now foresee an economic downturn. Amid the market turbulence, investors could buy dividend aristocrats AbbVie (ABBV),… StockNews.com · Dec 8, 2022
11 recession-resistant stocks to buy for 2023 Loyal customers and inflation-proof pricing power will help these companies pay off for investors even in a tough economy. Fortune · Nov 29, 2022
New ‘Striketober’ looms as US walkouts increase amid surge in union activity Support for unions is on the rise as workers take action to raise pay and conditions amid booming company profits The Guardian - US · Sep 26, 2022
Herschel Walker sends mixed messages on minority-owned businesses ATLANTA — On the website for Herschel Walker's food service company is a red seal: "Minority Business Enterprise." Tribune News Service · Aug 25, 2022
Sysco aims to create 90 jobs with plans for County Antrim distribution centre The move will take headcount in Northern Ireland at the restaurant supplier to 230 Birmingham Post · Aug 5, 2022
Sysco accuses 4 largest beef processors of price fixing The nation's largest food distributor has joined the other businesses accusing the four largest meat processors of working together to inflate beef prices The Independent UK · Jul 7, 2022
Benzinga · Jun 23, 2022 Analyzing Sysco's Short Interest Sysco's (NYSE:SYY) short percent of float has fallen 16.08% since its last report. The company recently reported that it has 10.88 million shares sold short, which is 2.14% of all regular shares that are available for trading.
StockNews.com · Jun 20, 2022 5 Dividend Aristocrats To Buy Now Last week, the Fed raised its benchmark interest rates three-quarters of a percentage point, marking the most aggressive hike since 1994. And with analysts predicting the economy to slip into a recession, we think dividend aristocrats Abbott (ABT), AbbVie (ABBV), Genuine Parts (GPC), Johnson & Johnson (JNJ), and Sysco (SYY)…
Benzinga · Jun 9, 2022 Analyst Ratings for Sysco Within the last quarter, Sysco (NYSE:SYY) has observed the following analyst ratings:
Benzinga · Jun 9, 2022 Barclays Maintains Equal-Weight Rating for US Foods Hldg: Here's What You Need To Know Barclays has decided to maintain its Equal-Weight rating of US Foods Hldg (NYSE:USFD) and lower its price target from $38.00 to $34.00. Shares of US Foods Hldg are trading down 3.66% over the last 24 hours, at $30.84 per share.
Benzinga · Jun 7, 2022 Sysco's Return On Capital Employed Insights According to Benzinga Pro, during Q3, Sysco (NYSE:SYY) earned $303.32 million, a 81.15% increase from the preceding quarter. Sysco also posted a total of $16.90 billion in sales, a 3.57% increase since Q2.
InsideEVs · May 21, 2022 Sysco Intends To Buy Up To 800 Freightliner eCascadia Sysco Corporation, a foodservice distribution company, announced its intention to purchase up to nearly 800 all-electric Freightliner eCascadia Class 8 tractors.
Benzinga · May 19, 2022 Sysco Looks To Transform Vehicle Fleet - Read How Foodservice distribution company Sysco Corp (NYSE:SYY) has signed a Letter of Intent (LOI) with Daimler Truck North America (DTNA) for electric vehicle deployment. Under the agreement, Sysco will deploy up to nearly 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026. The financial terms were not disclosed. The first eCascadia delivery is expected to arrive at Sysco's…
Benzinga · May 11, 2022 Analyst Ratings for Sysco Within the last quarter, Sysco (NYSE:SYY) has observed the following analyst ratings:
Benzinga · May 10, 2022 Sysco Shares Pop On Q3 Beat, Raised FY22 Outlook Sysco Corp (NYSE:SYY) reported third-quarter FY22 sales growth of 42.9% year-on-year to $16.90 billion, beating the consensus of $15.91 billion. The U.S. Foodservice operations sales rose 43.6% Y/Y, and International Foodservice sales grew 64.5%. Gross profit increased 42% Y/Y to $3.0 billion, and the gross margin fell 12 basis points to 17.8%. The…
Benzinga · May 10, 2022 Sysco: Q3 Earnings Insights Sysco (NYSE:SYY) reported its Q3 earnings results on Tuesday, May 10, 2022 at 08:00 AM. Here's what investors need to know about the announcement. Earnings Sysco beat estimated earnings by 29.09%, reporting an EPS of $0.71 versus an estimate of $0.55.