Sysco Corporation, through its subsidiaries, distributes food and related products primarily to the foodservice or food-away-from-home industry in North America. These services are performed for approximately 425,000 customers from 194 distribution facilities located throughout the United States (U.S.), Bahamas, Canada, Ireland and northern Ireland. Segments The company operates in the following segments, Broadline and SYGMA. Broadline operating companies distribute a line of food products and various non-food products to their customers. SYGMA operating companies distribute a full line of food products and various non-food products to chain restaurant customer locations. The company’s other segments include specialty produce and lodging industry products segments, a company that distributes specialty imported products, a company that distributes to international customers and the company’s Sysco Ventures platform, a suite of technology solutions that help support the business needs of Sysco’s customers. Specialty produce companies distribute fresh produce and, on a limited basis, other foodservice products. Its lodging industry products company distributes personal care guest amenities, equipment, housekeeping supplies, room accessories and textiles to the lodging industry. Products The products that the company distributes include the following: a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables and desserts; a full line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. The company also supplies non-food items, including: paper products such as disposable napkins, plates and cups; tableware such as china and silverware; cookware such as pots, pans and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. Customers The company provides products and related services to customers, including restaurants, healthcare facilities, schools and colleges, hospitals and nursing homes, lodging establishments and other foodservice customers. Regulations In the U.S., as a marketer and distributor of food products, the company is subject to the Federal Food, Drug and Cosmetic Act and regulations promulgated thereunder by the U.S. Food and Drug Administration (FDA). For certain product lines, the company is also subject to the Federal Meat Inspection Act, the Poultry Products Inspection Act, the Perishable Agricultural Commodities Act, the Packers and Stockyard Act and regulations promulgated by the U.S. Department of Agriculture (USDA) to interpret and implement these statutory provisions. The company’s facilities are subject to inspections and regulations issued pursuant to the U.S. Occupational Safety and Health Act by the U.S. Department of Labor. The company is also subject to regulation by federal, state and local regulatory agencies, including the U.S. Department of Labor, and the U.S. Department of Transportation. In addition, the company is also subject to the U.S. False Claims Act, and similar state statutes. Trademarks The company’s holds the SYSCO trademark and privately-branded product trademarks. History Sysco Corporation was founded in 1969.
sysco corp (SYY:New York)
1390 Enclave Parkway
Houston, TX 77077
|Compass Group PLC||1,174 GBp||+14.00|
|ConAgra Foods Inc||$36.76 USD||+2.01|
|Marriott International Inc/MD||$80.82 USD||+0.245|
|Sodexo SA||€89.26 EUR||+0.37|
|Tyson Foods Inc||$38.16 USD||0.00|
|View Industry Companies|
Sponsored Financial Commentaries
To contact SYSCO CORP, please visit www.sysco.com. Company data is provided by Capital IQ. Please use this form to report any data issues.