Skip to Content
Morningstar
Get 14 Days Free

Sysco Corp

SYY Morningstar Rating
Rating as of

Company Profile

Business Description

Sysco is the largest U.S. foodservice distributor, boasting 16% market share of the highly fragmented foodservice distribution industry. Sysco distributes over 400,000 food and non-food products to restaurants (62% of revenue), healthcare facilities (8%), travel, leisure, and retail (9%), education and government buildings (9%), and other locations (12%) where individuals consume away-from-home meals. In fiscal 2019, 80% of the firm’s revenue was U.S.-based, with 8% from Canada, 5% from the U.K., 3% from France, and 4% other.

Contact
1390 Enclave Parkway
Houston, TX, 77077-2099
T +1 281 584-1390
Sector Consumer Defensive
Industry Food Distribution
Most Recent Earnings Mar 31, 2020
Fiscal Year End Jun 29, 2020
Stock Type High Yield
Employees 69,000

Related

Stock Strategist
5 Stocks We Like
These names look oversold to us.
Susan Dziubinski
Market Update
New 5-Star Stocks
These names are all significantly undervalued by our standards after the market rout.
Susan Dziubinski
Advisor Insights
Q&A: Staying Relevant With ESG Analysis
Todd Ahlsten, the chief investment officer and a portfolio manager at Parnassus Investments, discusses ESG in risk management.
Morningstar
Fund Spy
How One ESG-Focused Shop Continues to Stand Out
A look at where Parnassus Investments has focused its recent efforts.
Connor Young
Stock Analyst Update
Solid Sales Growth for Sysco, but Shares Are Pricey
The narrow-moat firm's results show that it is withstanding intense competitive and macro headwinds well, and our long-term outlook remains.
Erin Lash
Stock Analyst Update
Sysco Still Pricey Even as Shares Slide
Cost pressures remain, but we still think the narrow-moat firm benefits from its scale advantages and low-cost position.
Erin Lash
Stock Analyst Update
Sysco's Sales and Profits Keep Trucking
With shares trading in line with our valuation, we'd suggest investors await a more attractive entry point.
Erin Lash
Stock Analyst Update
Sysco: Despite Profit Improvement, Shares Overpriced
Though we'll likely raise our fair value estimate by a dollar or two on the narrow-moat firm, we don't view the risk/reward opportunity as attractive.
Erin Lash
US Videos
The Week Ahead: Media Firms in Focus Amid Cord-Cutting Worry
Fox, Disney, and Time Warner will report this week. Plus, job openings data and a consumer sentiment reading.
Jeremy Glaser
Investing Specialists
Ultimate Stock-Pickers: Top 10 Buys and Sells
Our top managers were net sellers during the most recent period but still found several names worth buying.
The Morningstar Ultimate Stock-Pickers Team
Stock Analyst Update
Sysco: Solid Results, but Shares a Bit Rich
We'll likely increase our fair value estimate of the narrow-moat food distributor by a few dollars, but we think investors should remain on the sidelines for now.
Erin Lash
Investing Specialists
A Deeper Look at Three of Our Top Performing Ultimate Stock-Pickers
Ahead of our conversation with Stephen Yacktman, Dennis Lynch, and Michael Keller at the Morningstar Investment Conference, we examine their top holdings and where they are putting money to work today.
The Morningstar Ultimate Stock-Pickers Team
Investing Specialists
Morningstar Readers' Picks for Income
Readers tell us about their favorite dividend-paying stocks and income-focused mutual funds, ETFs, and closed-end funds.
Karen Wallace
Stock Strategist
Deal's End Doesn't Change Sysco's Moat
Even without US Foods, Sysco's vast scale is advantageous as fixed costs plague industry profits.
Erin Lash
Investing Specialists
Ultimate Stock-Pickers: Top Holdings of Top-Performing Managers
Our Ultimate Stock-Pickers Index continues to beat the market even as relatively few of our top managers are outperforming the S&P 500.
The Morningstar Ultimate Stock-Pickers Team
Stock Strategist
Sysco's Moat Narrows
But the US Foods deal would cement the food distributor's leading competitive edge.
Erin Lash
US Videos
Peters: How to Avoid a Dividend Cut
Morningstar's Josh Peters shares his strategies for assessing company-specific and macro-related risks when constructing a dividend portfolio.
Josh Peters, CFA
Quarter-End Insights
Shop for Moats in Consumer Defensive Stocks
With roughly two thirds of this sector enjoying a narrow or wide economic moat, we continue to find pockets of opportunity when short-term concerns outweigh our forecasted long-term growth trajectories.
Adam Fleck
Investing Specialists
Our Ultimate Stock-Pickers' Top 10 Buys and Sells
Our top managers remain cautious, focusing more on relative valuation and increasing their willingness to book gains in the face of a rising (but potentially overvalued) market.
The Morningstar Ultimate Stock-Pickers Team
Investing Specialists
Dividend Growth Seekers: Don't Forget About Yield!
Investors need to optimize total return with a good mix of dividend yield, growth, and quality, says Morningstar's Josh Peters.
Josh Peters, CFA