Sysco Corp.

Sysco Corp.

Sysco Corp.

Overview
Date Founded

1969

Headquarters

1390 ENCLAVE PARKWAY, HOUSTON, TX, 770772099

Type of Company

Public

Employees (Worldwide)

69K

Industries

Wholesale: Consumer Non-Durables/Sundries
Accounting & Financial Services
Other Business & Consulting Services
Restaurants
Hotels, Resorts, and Cruiselines

Company Description

Building customer relationships requires time, effort and sincerity. For Sysco, it began with a promise to assist foodservice operators in providing consumers with solutions for meals consumed away from home. Since the initial public offering in 1970, when sales were $115 million, Sysco has grown to $37 billion in sales for fiscal year 2010. Many solid customer relationships have been nurtured along the way, countless dining trends and meal alternatives have evolved, and today the decision to consume meals prepared away from home is as much necessity as choice. Since then, the industry it serves has expanded from $35 billion to more than $200 billion. Today, Sysco has sales and service relationships with approximately 400,000 customers and remains committed to helping them succeed in the foodservice industry and satisfy consumers' appetites. Operating from more than 180 locations throughout the United States, Canada and Ireland, Sysco's product lines are as diverse as the 45,000 employees who support its daily operations. They include not only the ingredients needed to prepare meals, but also numerous ancillary preparation and serving items. As a result, Sysco can make a difference in its customers' lives and the success of their businesses

Contact Data
Trying to get in touch with decision makers at Sysco Corp.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chairman of the Board, President & Chief Executive Officer

Chief Financial Officer & Executive Vice President

Vice President-Legal, General Counsel & Corporate Secretary

Senior Vice President-Chief Accounting Officer

Executive Vice President, SYGMA

Senior Vice President, National Sales & President, SYGMA

President, Meat Production, East

Market President, Southwest

Market President, Pacific

President of Meat Production, West

Board of Directors

Chairman of the Board, President & Chief Executive Officer at Sysco Corp.

Chief Executive Officer & Founding Partner at Trian Fund Management LP

Treasurer & Director at Easter Seals Central Illinois

Former President & Chief Executive Officer at Corus Entertainment, Inc.

Executive Chairman at Radial, Inc.

Founder at Gray Matter Analytics

Former Chief Financial Officer at Citicorp Inc.

Former Chairman, President & Chief Executive Officer at Anthem, Inc.

Former CIO at The Boeing Company

President of Food & Beverage at Target Corp.

Paths to Sysco Corp.
Potential Connections via
Relationship Science
You
Sysco Corp.
Owners & Shareholders
Details Hidden

Trian Fund Management typically invests in publicly-traded equity securities with attractive business models that they believe trade significantly below intrinsic value primarily due to operating underperformance and/or under-management. However, they may also invest in a range of securities and instruments, including US and non-US equity and equity-related securities (including distressed investments), bonds, bank debt and other fixed income investments, futures, forward contracts, warrants, options, repurchase agreements, reverse repurchase agreements, bankruptcy and trade claims, swaps and other derivative instruments, currencies, commodities, money market securities and other cash equivalents. The funds generally may take either long or short positions and most of the funds may use leverage in connection with their activities. The funds may also participate in going-private transactions and invest in privately-held companies. Trian Fund Management employs fundamental analysis, including equity valuation analysis and credit analysis.

Details Hidden

WFCS offers a variety of advisory programs including Separately Managed Account Programs, Mutual Fund Advisory Programs, Financial Advisor-Directed Programs and Non-Discretionary Advisory Programs. The firm's separately managed programs give clients the flexibility to select a model-based approach to separate account management or to customize a portfolio of individual professional money managers. WFCS' mutual fund advisory programs are designed to help clients take advantage of the expertise of professional money managers through mutual funds or current market trends through ETFs. Through their financial advisor-directed portfolio management programs, a client's Financial Advisor takes on the responsibility of making day-to-day investment decisions.

Details Hidden

Parnassus Investments seeks to invest in good businesses with increasingly relevant products or services, sustainable competitive advantages, quality management teams and ethical business practices. The firm uses fundamental security analysis methods in managing client accounts. Parnassus Investments seeks to identify and invest in stocks trading at large discounts to their assessment of the company's intrinsic, value. Parnassus Investments currently manages four fundamental, US, core equity strategies across multiple market capitalizations and one US, fixed income strategy. Their investment strategies include long-term purchases and short-term purchases. The firm offers advice on equity securities, exchange-listed securities, and securities traded over-the-counter, foreign issues, warrants, corporate debt securities, commercial paper, certificates of deposit, mutual fund shares, US government securities and partnerships investing in real estate.

Recent Transactions
Details Hidden

Sysco Corp. purchases J. Kings Food Service Professionals, Inc.

Details Hidden

Sysco Corp., Pallas Foods Ltd. purchase Classic Drinks Ltd from Tesco Plc

Details Hidden

Sysco Corp. purchases Kent Frozen Foods Ltd.

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Accountant

Advised onSysco Corp. purchases Guest Supply, Inc.

Legal Advisor

Advised onSysco Corp. purchases Brakes Group from Bain Capital Private Equity LP

Legal Advisor

Advised onSysco Corp., SYSCO Canada, Inc. purchase Tannis Trading, Inc.

Legal Advisor

Advised onSysco Corp. purchases Brakes Group from Bain Capital Private Equity LP

Legal Advisor

Advised onSysco Corp. purchases Brakes Group from Bain Capital Private Equity LP

Advisors & Consultants
Legal Advisor

Shareholder at Greenberg Traurig LLP

Advisor

Executive Vice President & Chief Information Officer at Supervalu Pension Fund

Advisor

Former Chief Executive Officer at Sysco Corp.

Clients

Aramark engages in the provision of food, facilities, and uniform services. It operates through the following business segments: Food and Support Services United States (FSS United States); Food and Support Services International (FSS International); and Uniform. The FSS United States segment offers food, hospitality and facility services for school districts, colleges and universities, healthcare facilities, businesses, sports, entertainment and recreational venues, conference and convention centers, national and state parks, and correctional institutions. The FSS International segment covers food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure, and other facilities serving the general public. The Uniform segment comprises of rental, sale, cleaning, maintenance, and delivery of personalized uniforms and other textile items on a contract basis, and direct marketing of personalized uniforms, and accessories to clients. The company was founded in 1959 and is headquartered in Philadelphia, PA.

The Wendy’s Company is the world’s third largest quick-service hamburger company. The Wendy’s system includes more than 6,500 franchise and Company restaurants in the U.S. and 27 other countries and U.S. territories worldwide.

Keurig Dr Pepper, Inc. manufactures and markets non-alcoholic beverages. It operates through the following segments: Beverage Concentrates, Packaged Beverages, Latin America Beverages and Coffee Systems. The Beverage concentrates segment is principally a brand ownership business where it manufactures and sells beverage concentrates in the U.S. and Canada. The Packaged Beverages segment is principally a brand ownership, manufacturing and distribution business. The Latin America Beverages segment participates mainly in the carbonated mineral water, flavored CSD, bottled water and vegetable juice categories, with particular strength in carbonated mineral water, vegetable juice categories and grapefruit flavored CSDs and The Coffee Systems segment is primarily a producer of single-serve brewing systems and specialty coffee in the U.S. and Canada. The company was founded in 2018 and is headquartered in the Burlington, Massachusetts.

Key Stats and Financials As of 2019
Market Capitalization
$40.9B
Total Enterprise Value
$44.7B
Earnings Per Share
$3.2
Revenue
$60.1B
EBITDAMargin
5.39%
Enterprise Value Sales
0.74x
Enterprise Value EBITDAOperating
13.79x
TEVNet Income
26.7x
Debt TEV
0.18x
Total Equity
$2.54B
EBITDA
$3.24B
Total Debt
$8.16B
Net Profit
$1.67B
Three Year Compounded Annual Growth Rate Of Revenue
6.07%
Five Year Compounded Annual Growth Rate Of Revenue
5.26%
Non-Profit Donations & Grants
Political Donations
$500
2004
$1,000
2002
Investments
Details Hidden

Cake Corp. provides restaurant management system and point of sale solutions for coffee shops, bars, and fast food restaurants. Its products include guest manager and point of sales. The company was founded by Mani Kulasooriya and Shanil Fernando in 2011 and is headquartered in Redwood City, CA.

Details Hidden

Empyr, Inc. designs and provides an online to offline advertisement platform. It serves online publishers, banks and restaurants. The company was founded by Jon Carder, Jarrod Cuzens and Jeff Federman and is headquartered in San Diego, CA.

Suppliers
Pilgrim's Pride Corporation Food | Greeley, Colorado

Pilgrim's Pride Corp. is engaged in the production, processing, marketing and distribution of fresh, frozen, and value-added chicken products to retailers, distributors and foodservice operators. It operates through the following segments: U.S., U.K. & Europe, and Mexico. The company was founded by Lonnie A. Pilgrim and Aubrey Pilgrim on October 2, 1946 and is headquartered in Greeley, CO.

Sanderson Farms, Inc. Pension Funds & Sovereign Wealth | Laurel, MS

Sanderson Farms, Inc. is a poultry processing company, which engages in the production, processing, marketing, and distribution of fresh, frozen, further processed, and partially cooked chicken products. It operates through the following divisions: Production, Processing, and Foods. The Production division refers to the production of chickens to the broiler stage. The Processing division involves the processing, sale, and distribution of chickens. The Foods division comprises the processing, marketing, and distribution of prepared chicken items sold nationally and regionally. The firm offers its products under the brand Sanderson Farms. The company was founded by Dewey R. Sanderson, Dewey R. Sanderson, Jr. and Joe Frank Sanderson in 1947 and is headquartered in Laurel, MS.

Cal-Maine Foods, Inc. Food | Jackson, MS

Cal-Maine Foods, Inc. engages in the production, grading, packing, marketing, and distribution of fresh shell eggs. The firm operates farms, processing plants, hatcheries, feed mills, warehouses, offices and other properties. It markets shell eggs to national and regional grocery store chains, club stores, foodservice distributors, and egg product manufacturers. The company was founded by Fred R. Adams Jr. in 1957 and is headquartered in Jackson, MS.

Awards & Honors
Rank #57
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #57
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Sysco Corp.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Sysco Corp.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Sysco Corp..