Sysco Corporation is executing a bold acquisition of Restaurant Depot, aiming for immediate EPS accretion and long-term value creation. The deal leverages Restaurant Depot’s resilient, high-margin, ...
D.E. Shaw owns a stake worth more than $1 billion in Sysco Corporation (NYSE:SYY), making the hedge fund a significant shareholder as the food distributor tries to accelerate growth and improve its ...
On Monday, March 30, Sysco, the nation’s largest restaurant supply distributor, announced it was spending $29.1 billion to acquire Jetro Restaurant Depot (commonly known as Restaurant Depot), a major ...
Sysco is transforming into a comprehensive foodservice powerhouse with its $29B acquisition of Jetro Restaurant Depot, despite a 20% stock correction. SYY expects the deal to boost revenue by 20%, ...
Sysco, the nation’s largest food distributor, has agreed to acquire Jetro Restaurant Depot in a deal valued at approximately $29.1 billion including debt. The transaction, announced March 30, is the ...
Kevin Hourican, CEO & Chairman, reported, "Sysco delivered a strong financial quarter to start fiscal 2026 with solid performance on the top and bottom line. Most importantly, we have inflected ...
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Citi acknowledges the deal carries expected accretion, but the firm’s concern centers on execution risk and due diligence challenges. The core problem: disproving the bear thesis could take years, ...
Sysco Corporation SYY, the global leader in foodservice distribution, continues to hold its position as a key player in the food-away-from-home industry. Despite economic headwinds, including soft ...
Sysco (NYSE:SYY) is set to give its latest quarterly earnings report on Tuesday, 2026-01-27. Here's what investors need to know before the announcement. Analysts estimate that Sysco will report an ...
Combined Company Will Be More Profitable and Return More Value to Shareholders Combined Company to Enhance Value for Small Businesses and the Consumers They Serve by Expanding Access to More ...
Sysco, the nation's largest food distributor, reaffirmed Tuesday that it stopped buying iceberg lettuce from Mexico as federal health officials continue investigating a multistate cyclosporiasis ...