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Added to YB: 2025-01-14

Pitch date: 2024-12-31

SYY [bullish]

Sysco Corporation

+0.81%

current return

Author Info

No bio for this author

Company Info

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.

Market Cap

$36.0B

Pitch Price

$74.82

Price Target

N/A

Dividend

2.88%

EV/EBITDA

10.32

P/E

20.15

EV/Sales

0.61

Sector

Consumer Staples Distribution and Retail

Category

value

Show full summary:
Heartland Mid Cap Value Fund Portfolio Holding: Sysco Corporation

SYY: Leading food distributor, 17% market share. Post-COVID recovery with digital upgrades, specialty services push (3x spend vs. traditional). Q1 sales +2.7% vs -3.5% industry traffic. AI-driven promotions. Cheap valuation (80% of sector EV/EBITDA), strong capital returns. Room for growth in fragmented market.

Read full article (2 min)