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Sysco is a global B2B foodservice distributor delivering food, kitchen equipment, and related services to restaurants, healthcare facilities, and educational institutions. Its offerings come through a wide distribution network and include value-added support such as marketing materials, operational guidance, and takeout/outdoor dining solutions. It stands out through its scale, breadth of products, and integrated services that simplify procurement and help customers grow profitability. The goal is to help clients run easier and more profitable operations by providing convenient access to goods and practical guidance.
Company Size
10,001+
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1970
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Sysco GB launches One Planet One Table to support customers with sustainability-focused sourcing decisions. 24th September 2026 Sysco GB has launched One Planet One Table, a new proposition designed to help foodservice operators make menu decisions supported by third-party sustainability certifications. Developed in partnership with Quantis, a global sustainability consulting firm, the initiative brings together products that carry robust, product-specific third-party certifications, helping customers cut through a crowded accreditation landscape and make confident decisions backed by verified standards. Customers can shop for these certified products through a dedicated One Planet One Table page and filter on the Brakes website. The programme has been built around the needs of chefs, caterers and hospitality operators who want sustainability to be credible and easy to action. One Planet One Table can help support operators to meet their responsible sourcing commitments and enable more climate-resilient sourcing and menu choices. Certifications have been assessed against strict criteria including independent auditing, open enrolment, product-level traceability, rigorous standards and relevance to Sysco's material environmental and social topics. Only those that meet these requirements have been included, spanning globally recognised schemes including MSC, ASC, Rainforest Alliance, Fairtrade, RSPCA Assured and LEAF Marque, each with different focus criteria. Every certified product page on the Brakes website clearly displays the relevant accreditation, giving customers full transparency over what each certification means and why it matters. With supply chains responsible for more than 85% of emissions in the food industry, certified sourcing can be paired with Sysco's product-level carbon footprint data to help operators target the largest drivers of environmental impact. Certified products can also support ESG reporting, provide evidence to support environmental and responsible sourcing claims, meet government buying standards and achieve membership of industry sustainability schemes such as Green Tourism or Green Key. Many certifications include requirements intended to strengthen long-term supply chain resilience, aligning with Sysco GB's sustainability strategy, Securing the Future of Food. For example, Sysco's Citavo coffee range includes Fairtrade certified products, which are designed to ensure farmers receive fair prices and better working conditions. Fairtrade standards involve measures to address deforestation risk and encourage climate-resilient techniques, including shade-grown coffee cultivation which can support local biodiversity, a practical illustration of how certified sourcing can simultaneously contribute to multiple environmental and social objectives. The programme spans a wide range of categories including fresh produce, meat, poultry, eggs, disposables, tea, coffee, chocolate, sugar and ice cream. A major highlight is Sysco GB's extensive selection of MSC and ASC certified seafood, now exceeding 200 certified products including core cod, haddock and pollock lines. Sysco's long-standing record of MSC awards reinforces its strong commitment to responsible seafood sourcing and gives customers confidence in the provenance of the wild-caught seafood products they choose. Pete Statham, Head of Sustainability for Sysco Europe, said: "Operators want sustainability to be credible, practical and commercially relevant. By using verified third-party accreditations, One Planet One Table helps chefs and caterers to choose products that support their sustainability goals, while delivering great food for their customers." Sysco's purpose is to connect the world to share food and care for one another and One Planet One Table helps build a more resilient food system, in which credible standards and collaborative action secure the future of food.
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.
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US restaurant outlook positive for second half of 2026. U.S. restaurant industry analysts are expecting a strong second half of the year, driven by a resurgent labor market and lower gas prices. Despite increased labor costs and other economic challenges, the National Restaurant Association (NRA) has a positive outlook for summer restaurant sales, and anticipates that overall restaurant sales will remain resilient in the second half of 2026, projecting growth to strengthen to 4.8 percent. "After a bumpy first half of 2026, economic conditions are projected to improve during the last six months of the year," the organization said in an economic analysis. "Most notable is the expectation of lower gasoline prices, which spent nearly three months above USD 4 (EUR 3.45) [per gallon]. That should ease the pressure on household budgets, providing some support for restaurant traffic and broader consumer spending." In inflation-adjusted terms, however, restaurant sales are projected to increase 0.8 percent in 2026, compared to a 1.3 percent increase forecast in early 2026. The resurgent U.S. labor market should also buoy growth in the second half, NRA said. Employers added more than a half-million jobs during the first six months of 2026 - a pace of payroll expansion not seen in nearly two years. Additionally, the U.S. economy will add more than 1 million net new jobs this year - a solid improvement from last year's modest employment growth, NRA said. "When employment is strong and wages are rising, consumer spending typically remains resilient, including discretionary categories such as restaurants," NRA said. At the same time, the NRA found that customer traffic levels remain uneven, which means much of the sales growth is driven by higher menu prices - a continued necessity due to higher costs across the restaurant operation. Food and labor costs are the two most significant line items for a restaurant, each accounting for approximately 33 cents of every dollar in sales, NRA said. "While their growth rates moderated somewhat during the first half of 2026, both remain significantly elevated compared to pre-pandemic levels," the organization noted. In fact, average wholesale food prices are up 35 percent, while hourly earnings of restaurant employees have jumped 41 percent since February 2020. "At the same time, operators are also contending with sharply higher expenses for insurance, taxes, credit card swipe fees, and other inputs. With that as a backdrop, it's not surprising that 33 percent of operators said their restaurant was not profitable during the first half of 2026," NRA said. In the second half of the year, food and labor costs are expected to remain elevated, putting additional pressure on margins. In response, restaurant operators will need to remain focused on improving efficiency and productivity across various aspects of their operations while identifying opportunities to manage costs, according to NRA. Inflation, however, remains a complicating factor for restaurants. The Personal Consumption Expenditures (PCE) deflator inclined 4.1 percent on a year-over-year basis in May, the fastest pace of inflation since April 2023. Core PCE inflation, which excludes food and energy, edged higher from 3.3 percent to 3.4 percent, its highest reading since October 2023. "Overall, inflation remains persistently elevated and is moving in an unfavorable direction... Policymakers have struck a more hawkish tone in recent communications, reflecting renewed concern about inflation," NRA said. Consumers will likely benefit from declining pump prices in the second half of the year, as well as continued growth in employment and wages. NRA forecasts real Gross Domestic Product (GDP) growth of 2.4 percent in 2026, above the 2.1 percent pace in 2025. Positive recent restaurant performance was reflected in Houston, Texas, U.S.A.-based Sysco's earnings for its fiscal fourth quarter ending 27 June, in which sales increased 4.7 percent; U.S. Foodservice volume rose 2.5 percent; and gross profit hiked up 3.7 percent to USD 4.1 billion (EUR 3.5 billion). On the other hand, sales were more moderate for Sysco's full fiscal year 2026, rising 3.9 percent, while U.S. Foodservice volume increased 1.4 percent. Similarly, Q2 fiscal 2026 net sales for distributor US Foods rose 4.5 percent to USD 10.5 billion (EUR 9 billion), while gross profit soared 8 percent to USD 1.9 billion (EUR 1.6 billion). In the midst of a "challenging but stable industry environment," US Foods Chair of the Board and CEO Dave Flitman said the company's results are in line with its long-range plan, including 10 percent Adjusted EBITDA growth and 21 percent Adjusted Diluted EPS growth, driven by 29 basis points of margin expansion and 5 percent independent restaurant case growth. Overall, restaurant visits grew this summer, per foot traffic firm Placer.ai. Visits to U.S. fast casual restaurants hiked up 4 percent for the week of 10 August and rose 3.2 percent for quick service restaurants - an impressive feat with higher fuel costs, tariffs, and other economic challenges. Likewise, traffic to Orlando, Florida, U.S.A.-based Red Lobster soared after it brought back its Endless Shrimp promotion in April, peaking at a 24 percent increase year over year for the week of 27 April and holding double-digit gains into early June, per Placer.ai. Contributing Editor Christine Blank, a veteran freelance writer and editor, covers all aspects of the seafood industry, from fishing to processing to selling and serving the final product. When she is not writing for SeafoodSource, Christine gets to taste scrumptious seafood dishes at U.S. restaurants for her food and travel blog, Flavorful Excursions (www.flavorfulexcursions.net). Christine loves to eat seafood of any kind, but lobster, crab and crawfish are among her favorites. In addition to SeafoodSource.com and
Sysco Corporation (NYSE: SYY) has secured a new $750 million senior unsecured delayed draw term loan facility to help finance its previously announced acquisition of JRD Unico, Inc. and Warehouse Realty, LLC. The company established the facility, named the CoBank Term Loan, through a First Amendment to its existing revolving credit agreement, dated September 4, 2026.