Territory Manager

Why is Sysco stock sliding today? Published Sep 15, 2026, 06:31 AM (C) Reuters. Investing.com - Sysco stock is sliding 1.3% in pre-open trading today, hitting $82.49, after the foodservice distribution giant announced late Monday a $1.0 billion common stock offering priced at $81.00 per share - a discount of roughly 3% to the prior session's close of $83.54 - to partially finance its pending acquisition of Jetro Restaurant Depot. The pricing of 12,345,679 shares at that level, with the offering expected to close on September 16, immediately signaled near-term dilution to existing shareholders and drove a sharp after-hours selloff that has extended into this morning's pre-market session. The broader financing picture surrounding the Jetro Restaurant Depot deal adds to investor unease. The $29.1 billion transaction - one of the largest in the foodservice sector's history - is being funded primarily through approximately $21 billion in new and hybrid debt, with the equity offering representing an additional layer of shareholder dilution. Compounding the pressure, Sysco has paused its share repurchase program to prioritize paying down leverage by at least 1.0x within the first 24 months following the deal's close, removing a meaningful support mechanism for the stock. The broader U.S. equity market is providing little cushion, with the S&P 500 slipping 0.3%, the Dow Jones easing 0.5%, and the Nasdaq declining 0.3% in pre-market trading. Sysco's primary competitor in the foodservice distribution space, US Foods, operates in the same macro environment of cost pressures and shifting restaurant demand, though no specific competitor catalyst is driving today's move in SYY. -3.03 (-3.63%) Real-time Data · 11:57:00 · USD Taken together, the combination of a dilutive equity raise priced at a discount, a suspended buyback program, and a massive debt-funded acquisition has weighed on investor sentiment, pushing Sysco shares toward the lower end of their recent trading range despite the company's strategic rationale for expanding into the cash-and-carry foodservice channel. Is SYY a bargain right now? The fastest way to find out is with our Fair Value calculator. We use a mix of 17 proven industry valuation models for maximum accuracy. Get the bottom line for SYY plus thousands of other stocks and find your next hidden gem with massive upside.

The Associated Press Aug 19, 2026, 8:10 AM Walgreens, US Foods, Petco and more recognized in the inaugural class of Top Supply Chain Leaders by SPS Commerce. MINNEAPOLIS-(BUSINESS WIRE)-Aug 19, 2026- SPS Commerce (NASDAQ: SPSC), the leading intelligent supply chain network, today announced the inaugural class of its Top Supply Chain Leaders, recognizing an initial 50 operational leaders and their teams from organizations across the U.S. and Canada, including Walgreens, US Foods, Petco, Fastenal, Ace Hardware, Gordon Food Service, and Canadian Tire. The recognition celebrates leadership in driving innovation, resilience, and operational excellence across retail, grocery, and distribution. In recent years, supply chain has become one of the most visible and strategically important functions inside an organization. Yet the leaders responsible for navigating disruption, modernizing operations, transforming with AI, and strengthening customer relationships often do not get the public recognition they deserve. SPS Commerce created the "Top Supply Chain Leaders" list to close that gap. As the leading intelligent supply chain network, trusted by seven of the top ten largest retailers per NRF and over two-thirds of today's fastest growing brands by Bain & Company, SPS is uniquely positioned to highlight the retailers, brands, manufacturers, distributors, and logistics providers that are setting a high bar for future operations. "The future of supply chain won't be defined by technology alone, but by the leaders who know how to use it to solve increasingly complex business challenges," said Tony DiPaolo, General Manager of Retail at SPS Commerce. "These honorees and their teams are setting a new standard for operational excellence while helping their organizations become more resilient, collaborative, and better prepared for what's next in the Agentic AI era. We're proud to recognize these individuals whose work often happens behind the scenes but positively impacts millions of consumers every day." As AI, automation and increasingly connected trading networks transform supply chain operations, SPS Commerce believes the industry's greatest competitive advantage remains the people who successfully bring those technologies together to solve real-world operational challenges. "We are honored to be recognized by SPS Commerce alongside so many accomplished leaders across retail, grocery, and distribution," said Jeff Swiney, Director, Supply Chain & Logistics at K-VA-T Food Stores (Food City). "This acknowledgement reflects our team's commitment to building stronger partnerships, embracing innovation, and finding better ways to keep products moving for the customers and communities we serve, despite an increasingly complex business environment." The inaugural list was selected by SPS Commerce based on their demonstrated leadership, industry impact, and commitment to advancing supply chain excellence. Additional leaders will be recognized in the coming months, completing the inaugural class of Top Supply Chain Leaders for 2026, with plans to continue an annual list in subsequent years. About SPS Commerce SPS Commerce (NASDAQ: SPSC) is the leading intelligent supply chain network, connecting trading partners around the globe to optimize supply chain operations with all retail partners. Our AI-powered network connects 300,000+ trading relationships worldwide and moves more than 750M transactions and over $650B in gross merchandise value each year. From retailers and brands to manufacturers, distributors, and logistics providers, SPS is trusted by seven of the top ten largest retailers, and over two-thirds of today's fastest growing brands. Our multi-solution portfolio orchestrates the data, decisions, and relationships that keep the world's supply chains moving forward. With nearly 3,000 employees and offices worldwide, SPS Commerce is headquartered in Minneapolis, Minnesota. For more information, visit spscommerce.com. Forward-Looking Statements This press release may contain forward-looking statements, including information about management's view of SPS Commerce's future expectations, plans and prospects, including our views regarding future execution within our business, the opportunity we see in the retail supply chain world and our performance for the fourth quarter and full year of 2025, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties, and other factors which may cause the results of SPS Commerce to be materially different than those expressed or implied in such statements. Certain of these risk factors and others are included in documents SPS Commerce files with the Securities and Exchange Commission, including but not limited to, SPS Commerce's Annual Report on Form 10-K. KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: FOOD/BEVERAGE SUPPLY CHAIN MANAGEMENT HOME GOODS RETAIL CONVENIENCE STORE PUB: 08/19/2026 07:09 AM/DISC: 08/19/2026 07:10 AM You May Also Like

US Foods reported second-quarter results that beat Wall Street expectations, with revenue of $10.53 billion and adjusted earnings per share of $1.44. The foodservice distributor attributed its performance to strong independent restaurant case growth and gains in healthcare and hospitality sectors. CEO David Flitman highlighted accelerated net new account generation and deeper penetration with existing customers as key drivers. The company's Pronto delivery service rollout and vendor management initiatives supported profitability and cash flow. During the earnings call, analysts focused on the new sales compensation plan's impact on growth and the scalability of AI investments. Flitman described AI as being in the "early innings" but expects it to drive sales productivity and customer engagement over time. Sales volumes increased 1.9% year-on-year.