NYSE:SYY
Sysco Corporation is the largest global distributor of food and related products to the foodservice industry and other customers. It is the world’s largest foodservice distributor with a global supply chain spanning 40 countries. Other than food products (meat (19% of 2019 sales), canned (17%) frozen (15%), poultry (10%) and dairy (10%), etc.), the company’s products also include equipment and supplies. As the world's leading foodservice distributor, Sysco operates through 325 distribution facilities serving 650,000 customer locations throughout North America and Europe. The company operates through Broadline (accounting for 68% of its sales), Specialty Companies (19%), International, and SYGMA (11%). Sysco’s customers include restaurants, healthcare, and educational facilities, lodging establishments and other customers. Restaurants are Sysco’s biggest customers accounting for more than 60% of its total sales. With over three decades in the food business, the company has developed deep knowledge about customer preferences, a strong brand recall, a vast distribution network, and a continuously evolving product portfolio.