Sysco Corporation (SYY)
Why Sysco (SYY) is a Top Value Stock for the Long-Term
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Sysco: Dividend King Building A Food Distribution Powerhouse
Sysco is transforming into a comprehensive foodservice powerhouse with its $29B acquisition of Jetro Restaurant Depot, despite a 20% stock correction. SYY expects the deal to boost revenue by 20%, deliver $250M in annual synergies within three years, and be accretive to EPS in year one. Shares now trade at under 16x FY26 earnings, offering a defensive, value-oriented entry point at a significant discount to the S&P 500.
Sysco Price Target Slashed by Piper Sandler After Surprise $29.1 Billion Restaurant Depot Acquisition
Sysco Corporation (NYSE:SYY) stock took a hit when the company announced a $29.1 billion deal to acquire Restaurant Depot on March 30.
SYY's Jetro Deal Opens a New Growth Path in Cash & Carry: What's More?
SYY's $29.1 billion Jetro deal pushes it into cash-and-carry, with synergies, EPS accretion and stronger free cash flow boosting growth.
Sysco Receives a Downgrade From Citi Due to Debt Load
Sysco (NYSE:SYY) shares are down 16.16% since Friday's close after the company announced a $29.1 billion acquisition of Jetro Restaurant Depot.
Sysco Corporation (SYY) M&A Call Transcript
Sysco Corporation (SYY) M&A Call Transcript
Sysco CEO Kevin Hourican on $29 billion Jetro Restaurant Depot deal: A gem of an asset
Sysco chairman and CEO Kevin Hourican joins 'Squawk Box' to discuss details of the $29 billion deal to acquire Jetro Restaurant Depot, company growth outlook, and more.
Here's Why Sysco's “Transformative” Acquisition Is Sinking Its Stock
Foodservice distributors navigate a $400 billion U.S.
Sysco shares fall premarket as company announces $29B acquisition of Jetro Restaurant Depot
Sysco Corp (NYSE:SYY) shares fell more than 6% in premarket trading after the foodservice distributor announced a definitive agreement to acquire Jetro Restaurant Depot in a transaction valued at approximately $29.1 billion. Under the terms of the deal, Jetro shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares.
Buyout News Drags Sysco Stock Further From Records
Food distributor Sysco Corp (NYSE:SYY) is moving 11% lower to trade at $72.83 this morning, after news broke that it will be purchasing Jetro Restaurant Depot for $29.1 billion.
Why Jetro deal makes Sysco stock a great long-term pick
Sysco (NYSE: SYY) is under pressure after the food distribution company announced a $29 billion acquisition of Jetro, the parent company of Restaurant Depot and a leader in the “cash and carry” wholesale segment. Investors are concerned mostly because of the massive price tag and the potential integration risks associated with such a transformative merger.
Sysco shares fall premarket as company announces $29 billion acquisition of Jetro Restaurant Depot
Sysco Corp (NYSE:SYY) shares fell more than 6% in premarket trading after the foodservice distributor announced a definitive agreement to acquire Jetro Restaurant Depot in a transaction valued at approximately $29.1 billion. Under the terms of the deal, Jetro shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares.
