"SYY" redirects here. The term may also refer to the IATA airport code for Stornoway Airport.
This article is about the American food-service company. For the Canadian Crown corporation, see Sydney Steel Corporation.
Not to be confused with Cisco or Sisqó.
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Sysco Corporation
Headquarters of Sysco in the Energy Corridor
Company type
Public
Traded as
NYSE: SYY
S&P 500 component
Industry
Wholesale
Founded
March 19, 1969; 55 years ago (1969-03-19)
Founder
Herbert Irving
John F. Baugh
Harry Rosenthal
Headquarters
Houston, Texas
,
U.S.
Key people
Kevin Hourican (CEO) Ed Shirley, Executive Chairman
Services
Food-service
Food-away-from-home
Revenue
US$76.324 billion (2023)[1]
Operating income
US$3.038 billion (2023)[1]
Net income
US$1.770 billion (2023)[1]
Total assets
US$22.821 billion (2023)[1]
Total equity
US$2.008 billion (2023)[1]
Number of employees
72,000 (2023)[1]
Website
sysco.com
Sysco Corporation (short for Systems and Services Company) is an American multinational corporation involved in marketing and distributing food products, smallwares, kitchen equipment and tabletop items to restaurants, healthcare and educational facilities, hospitality businesses like hotels and inns, and wholesale to other companies that provide foodservice (like Aramark and Sodexo). The company is headquartered in the Energy Corridor district of Houston, Texas.[2] Sysco is the world's largest broadline food distributor; it has more than 600,000 clients in a wide array of fields. Management consulting is also an integral part of their services. The company operates approximately 330 distribution facilities worldwide; providing service to over 90 countries.
The company was founded in 1969 by Herbert Irving, John F. Baugh, and Harry Rosenthal.[3] The company became public on March 3, 1970. On July 20, 2009, Fortune magazine ranked Sysco No. 204 in the annual Fortune 500 companies in world based on sales volume. On May 3, 2010, Fortune ranked Sysco as the seventh largest Fortune 500 Company in Texas and 55th largest in the U.S. by total revenue.[4] Sysco is also the largest non-oil related company in Houston and the third largest non-oil related company in Texas (behind AT&T and Dell).[4] The company ranked No. 54 in the 2018 Fortune 500 list of the largest US corporations by total revenue.[5]
In December 2013, Sysco announced an $8.2 billion planned acquisition of its next-largest food distribution rival, US Foods.[6] The Federal Trade Commission challenged the acquisition as a violation of the Clayton Antitrust Act that would substantially lessen competition. After the court ruled that the combined company would likely reduce competition because it would control 75% of the U.S. food service industry, Sysco terminated its merger with US Foods.[7]
^ abcdef"Sysco Corporation 2023 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. January 2024. Retrieved 28 February 2024.
^"Land Use and Demographics[permanent dead link]." Energy Corridor District. March 2009. 3 (7/53). Retrieved on January 16, 2010.
^"Sysco". Library of Congress. Archived from the original on October 31, 2020. Retrieved March 17, 2024.
Sysco Corporation (short for Systems and Services Company) is an American multinational corporation involved in marketing and distributing food products...
SYSCO may refer to: Sydney Steel Corporation, the Canadian Crown Corporation Sysco, the American food distributor This disambiguation page lists articles...
Business intelligence (BI) consists of strategies and technologies used by enterprises for the data analysis and management of business information. Common...
subsidiary to form PYA/Monarch. Sysco was established in 1970 by combining five independent wholesale grocery companies. Sysco went public in 1970 with $115...
in Ashford, United Kingdom. Brake Bros Limited has been a subsidiary of Sysco Corporation since 5 July 2016 when the latter bought it for $3.1bn. Its...
children: daughter Spencer Schae (born 1996) and sons Stoney (born 2000) and Sysco (born 2008). "Debbe Dunning Heidi on Home Improvement". WCHS News. Archived...
American businessman, philanthropist, and art collector. He co-founded Sysco, the world's largest food distributor, and was known for his contributions...
Sydney Steel Corporation (SYSCO) was a Crown corporation in the province of Nova Scotia, Canada. It owned and operated a steel mill in Sydney. An integrated...
in the US; the national broadline market is controlled by US Foods and Sysco which combined have a 60-70% share of the market and were blocked from merging...
purchases directly from national manufacturers and through distributors such as Sysco Corporation. The products range from healthcare, dairy, meats, seafood,...
000 annually in real estate taxes from the unoccupied property. In 2010 Sysco, one of the largest food service companies in the country, publicly expressed...
fund based in New York. He is non-executive chairman of Wendy's Company, Sysco, and The Madison Square Garden Company. He is a former director of H.J....
terrain based on its current altitude and heading. System coordination (SYSCO) to enable controller to negotiate the release of flights from one sector...
Nouryon and Shell Oil Company. Non-energy firms also have a presence; Sysco and Gulf States Toyota Distributors are both headquartered in the district...
Louis, Missouri, and is the son of Jerry L. Barash, President and CEO of Sysco Food Services of Ventura and his first wife Susan Gale. He has one brother...
Sygma may refer to: SYGMA Network, Inc., a wholly owned subsidiary of Sysco Corporation Sygma, or Sygma Photo News, a photography agency that was purchased...
Bros Co for $1.03 billion. March 2002 Empire sells Serca Foodservice to SYSCO for $411 million. June 2005 When Wajax became an income trust, Empire sold...
Both produce processed food for the consumer market. On 9 December 2013, Sysco agreed to acquire US Foods but on 24 June 2015, the federal judge ruled...
solar energy project in June 2018. The first customer of the project is Sysco, who has signed a 10-year renewable energy agreement. Cypress Creek Renewables...
company in the United States. Its biggest competitors are US Foods and Sysco. In 1897, Isaac Van Westenbrugge, a 23-year-old Dutch immigrant, started...
former beauty pageant queen, former news anchor and Business Consultant for Sysco Systems. She had won Miss America 2013 as Miss New York 2012 and is running...
century, runoff from coke ovens associated with Sydney Steel Corporation's (SYSCO) now-decommissioned steel mill filled the estuary with the typical variety...
Global Information
