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Sysco News & Media

Sysco raises Q1 2022 sales, earnings

November 9, 2021

Sysco Corp. delivered strong sales and earnings for the 2022 first quarter, taking the company close to pre-COVID levels, according to an earnings release.

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Sysco to acquire UK's Medina Foodservice

September 7, 2021

Sysco Corp., s foodservice distribution company, will acquire Medina Foodservice in the U.K. for an undisclosed sum, according to a press release.

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Sysco posts strong Q4 2021 sales and earnings rebound

August 10, 2021

Sysco Corp. posted sales and earnings gains for the fourth quarter ending July 3, 2021 as the industry rebounds from the 2020 setback, according to a press…

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Sysco to acquire Italian specialty foods distributor

May 20, 2021

Sysco Corp. has agreed to acquire Greco and Sons, an independent Italian specialty distributor in the U.S. from Arbor Investments and the Greco family…

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Sysco boosts earnings against 13.7% sales decline for Q3 2021

May 4, 2021

Sales for Sysco Corp. in the third quarter fell 13.7% from $13.7 billion in Q3 2020 to $11.8 billion, in Q3 2021, ending March 27, 2021, according to an…

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COVID-19 hammers Sysco’s 2021 Q2 sales and earnings

February 2, 2021

Sysco Corp.'s sales fell 23.1% from $23.3 billion in last year's second quarter to $11.6 billion for the 2021 second quarter ending Dec. 26, 2020, according to…

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Sysco names Tom Peck EVP, chief digital officer

December 4, 2020

Tom Peck Tom Peck will join Sysco Corp. as executive vice president and chief information and digital officer, effective Jan. 4, 2021, according to a…

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Joel Grade assumes new role at Sysco, Aaron Alt tapped as CFO

November 17, 2020

Aaron Alt Sysco Corp. has named Aaron E. Alt executive vice president and chief financial officer, effective Dec. 7, 2020. Joel Grade, current…

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Sysco eliminates minimum delivery requirements

November 15, 2020

Sysco Corp. has eliminated minimum delivery size requirements for customers' regularly scheduled deliveries as part of the company's Restaurants Rising…

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Sysco Q1 2021 sales, earnings tumble but beat market expectations

November 3, 2020

Sysco Corp. sales fell 23% from $15.3 billion to $11.8 billion in the first 2021 quarter ending Sept. 26 compared to the same period last year, according to an…

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Sysco takes a big Q4 sales and earnings hit from pandemic

August 11, 2020

Sysco Corp.'s sales fell 42.8% to $8.9 billion for the fourth quarter ending June 27, driving down operating income by 173.8% ($531.6 million), according to a…

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Sysco reports 5.1% quarterly sales drop, cuts a third of workforce due to coronavirus

May 6, 2020

Sysco Corp., the nation's largest foodservice distributor, reported sales for the third quarter were $9.6 billion, a decrease of 5.1% compared to the same…

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Sysco launches campaign to promote fresh offerings

April 10, 2020

Sysco Corp. has launched a new "Sysco Knows Fresh" multi-channel campaign designed to promote both the company's fresh product offering and its widespread…

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Aramark, Compass and Sysco stocks tumble from coronavirus

March 16, 2020

The stocks of Aramark, Compass Group and Sysco lost value last week following the expansion of the COVID-19 virus, according to a Yahoo News report. Aramark's…

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Fast casual chain Coolgreens expands into fresh food vending

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Looking for a faster and easier way to expand its freshly prepared meals, Coolgreens has found "smart fridge" machines offer a viable self-service option.

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Sysco launches plant-based menu items and more

February 21, 2020

Sysco Corp. has launched 11 new menu concepts in its Cutting Edge Solutions platform, including plant-based items. The new items include:

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