Market news

Detailed price information for Sysco Corp (SYY-N) from The Globe and Mail including charting and trades.

Sysco currently trades at $78.11 per share and has shown little upside over the past six months, posting a small loss of 4.3%. The stock also fell short of the S&P 500’s 16.2% gain during that period.

Sysco (NYSE:SYY) announced a US$1b common stock offering to finance its planned acquisition of Jetro Restaurant Depot. The equity raise is scheduled to close ahead of the Jetro Restaurant Depot deal and is not contingent on the transaction completing. Management said proceeds from the US$1b stock sale will be used primarily to support the Jetro Restaurant Depot purchase and related costs. The US$1b common stock financing for the Jetro Restaurant Depot acquisition reshapes Sysco's funding mix...

Sysco (NYSE:SYY) shares fell 1. 3% to $82.

HOUSTON, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (“Sysco” or the “Company”) today announced the pricing of its previously announced public offering of 12,345,679 shares of its common stock (the “Offering”) at a price to public of $81.00 per share. The Offering is expected to close on September 16, 2026, subject to customary closing conditions. Sysco has granted the underwriters of the Offering a 30-day option to purchase up to an additional $150 million of shares of commo

HOUSTON, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (“Sysco” or the “Company”) today announced that it intends to make an offering of $1.0 billion of shares of its common stock (the “Offering”). Sysco’s common stock is listed on the New York Stock Exchange under the symbol “SYY.” Sysco intends to grant the underwriters of the Offering a 30-day option to purchase up to an additional $150 million of shares of common stock, solely to cover overallotments, if any, at the same pr

Sysco has lagged the broader Dow Jones Industrial Average over the past year, while analysts remain cautiously optimistic about the company’s future prospects.

SYY targets at least $500 million in AI-powered savings by fiscal 2029 to support higher growth and improve operating efficiency.

The food distributor is modernizing routing software and enhancing inventory forecasting to help cut costs over the next three fiscal years.

Sysco Corporation (NYSE:SYY) reaffirmed its fiscal 2027 financial guidance and increased its growth targets for fiscal 2028 and 2029, while announcing a multi-year artificial intelligence efficiency programme targeting at least $500 million in savings. The foodservice distribution company provided the updated targets ahead of its presentation at the Barclays 19th Annual Global Consumer Staples Conference in Boston.

HOUSTON, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (“Sysco” or the “Company”) is reaffirming its fiscal 2027 financial guidance (originally issued on August 4, 2026) ahead of the Company’s webcast presentation from the Barclays 19th Annual Global Consumer Staples Conference in Boston scheduled for today, Wednesday, September 9, at 12:00 p.m. ET. The live conference webcast can be accessed at investors.sysco.com. Re-affirming fiscal 2027 guidance including 9% to 11% adjusted

The grants, contingent on the closing of the $29 billion acquisition, are intended to “ensure a continuity of leadership,” Sysco said.

Sysco (SYY) has put artificial intelligence at the center of its next phase, targeting 6% to 7% fiscal 2027 sales growth and US$100 million in savings from AI enabled productivity projects. Sysco’s share price has eased in the past month, with a 30 day share price return of down 3.8%, although the 90 day share price return of 10.0% and year to date share price return of 12.6% point to improving momentum around the AI plan and the recent board refresh. Over a longer horizon, total shareholder...

Sysco recently suspended its share repurchase plan, affirmed a quarterly cash dividend of US$0.55 per share for October 2026, and expanded its Board to 13 directors by adding AI- and finance-focused leaders Jason Murray and Tom Ondrof. The creation of an Artificial Intelligence Transformation & Technology Committee, meeting monthly with management, underscores Sysco’s intent to embed AI across operations to support its fiscal 2027 efficiency and earnings goals. We’ll now examine how Sysco’s...

SYY targets 6-7% fiscal 2027 sales growth as AI-enabled projects aim to deliver $100 million in savings and support faster earnings growth.

SYY targets 6-7% fiscal 2027 sales growth and 9-11% adjusted earnings growth, but costs, traffic and Restaurant Depot uncertainty keep risks in focus.

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 stock performance. The investment is notable because D.E. Shaw has held Sysco for roughly a decade and is now supporting the company’s push […]

Democratic lawmakers are asking the FTC to investigate the proposed deal to buy Restaurant Depot.

HOUSTON, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation from the Barclays 19th Annual Global Consumer Conference on Wednesday, Sept. 9, at 12:00 p.m. ET. The live webcast for the event can be accessed at investors.sysco.com. An archived replay of the webcast will be available shortly after the live event is completed. For purposes of public disclosure, including this and future similar events, Sysco uses the investor

Sysco (SYY) to buy Jetro Restaurant Depot for $29.1B—growth vs big leverage and dilution risks. Dividend growth may slow despite undervaluation.

Track this week’s dividend increases and declarations along with next week’s ex-dividend dates. Learn more here.

HOUSTON, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a quarterly cash dividend of $0.55 per share, payable on October 23, 2026, to common stockholders of record at the close of business on October 2, 2026. About Sysco Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodgi

Appoints Two New Directors with Expertise in AI, Innovation, Supply Chain Management, Foodservice Distribution Enhances Board Governance to Accelerate Innovation and Oversee Execution of AI Transformation Initiatives Building on the Strong, Positive Momentum in its Core Business, Sysco Reiterates its Commitment to Realizing AI-Driven Efficiencies HOUSTON, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY), the global leader in foodservice distribution, today announced a series of str

Sysco (SYY) has drawn fresh attention after plans to acquire Jetro Restaurant Depot and expand AI-driven efficiency tools, prompting investors to reassess the stock’s valuation and the risks tied to integration and execution. See our latest analysis for Sysco. Set against this news, Sysco’s share price of US$82.46 comes after a 7.09% 90 day share price return and a 13.55% year to date share price return. The 3 year total shareholder return of 27.44% suggests longer term holders have seen...