Sysco unveils three-year growth plan
Houston-based food distribution giant Sysco Corp. (NYSE: SYY) is rolling out a multipart plan to grow 1.5 times faster than market average and reduce $750 million in costs by fiscal year 2024.
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Building "Bridges" Across the Bayou City!
Houston-based food distribution giant Sysco Corp. (NYSE: SYY) is rolling out a multipart plan to grow 1.5 times faster than market average and reduce $750 million in costs by fiscal year 2024.
Read MoreHouston-based Sysco Corp. (NYSE: SYY) will acquire Greco and Sons, an Illinois-based distributor of Italian foods, from private equity firm Arbor Investments and the Greco family.
The companies did not announce financial terms of the deal or a target …
Read MoreFood distribution giant Sysco Corp. (NYSE: SYY) has tapped the Houston office of Chicago-based JLL to market a 106-acre property in northwest Harris County for sale.
Read MoreLongtime Louisianan seafood restaurant Jimmy G’s is closing, and co-owners Jody Larriviere and Jim Gossen are retiring.Â
The pair opened a number of restaurants, including the original Landry’s and Willie G’s, in the 1970s and 1980s. Over the years, t…
Read MoreHouston-based foodservice giant Sysco Corp. (NYSE: SYY) has taken a hit as the coronavirus pandemic has greatly impacted many of its customers, such as restaurants, health care, educational and hospitality facilities.
Since the end of March, the compa…
Read MoreThe Great American Economic Revival Industry Groups that President Donald Trump announced April 14 include some high-profile Houston business leaders.
Kevin Hourican, CEO of Sysco Corp. (NYSE: SYY), is part of the agriculture group, while Ryan Lance, …
Read MoreHouston-based food distribution giant Sysco Corp. (NYSE: SYY) is making changes to its strategy in response to reduced customer demand during the COVID-19 coronavirus pandemic.
Sysco is actively pursuing new revenue sources in the retail grocery indu…
Read MoreSysco Corp. (NYSE: SYY), one of Houston’s largest public companies, raised $1 billion through note offerings — half of which is going toward the firm’s sustainability efforts.
The food distribution giant closed its inaugural “sustainability bond” iss…
Read MoreFood distribution giant Sysco Corp., Houston’s second-largest public company by revenue, reported mixed earnings for its second fiscal quarter.
Sysco (NYSE: SYY) reported adjusted earnings per share of 85 cents for Q2, beating analyst expectations, a…
Read MoreFood distribution giant Sysco Corp. (NYSE: SYY), Houston’s second-largest public company by revenue, has more cost-cutting planned through outsourcing.
Citing an internal memo, the Houston Chronicle reports that Sysco partnered with New Jersey-based o…
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