← Home
🚀 Sign up Free for Company Insights & Valuation!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free
Sysco
Marketing & advertising / Marketing and distributing food products, smallwares, kitchen equipment and tabletop items
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Sysco Corporation is an American multinational corporation that distributes food products to restaurants, healthcare and educational facilities, hotels and other industries. It is the world's largest foodservice distributor, with over 330,000 customers in 90 different countries.
The company was founded in 1969 by John Baugh in Houston, Texas, as a merger of nine separate food distributors. Today, it operates as a global network of distribution centers, warehouses, and inventory consolidation points in multiple countries.
Sysco offers a wide range of products including fresh and frozen meats, seafood, produce, dairy and bakery products, as well as beverages, cleaning and sanitation supplies, equipment, and kitchen tools. The company also provides services such as menu planning, recipe development, and training programs for its customers.
In addition to its food distribution services, Sysco also operates numerous other businesses, including specialty produce companies, ethnic food distributors, and foodservice brokerage operations. The company has also expanded into the hospitality industry, with its own fleet of private jets and a luxury hotel and resort in southern Florida.
Sysco has been recognized for its commitment to sustainability and community involvement, and is a member of various organizations focused on promoting responsible and sustainable practices in the food industry.
Overall, Sysco is a major player in the global foodservice industry, providing essential products and services to a wide range of businesses and institutions.
The company was founded in 1969 by John Baugh in Houston, Texas, as a merger of nine separate food distributors. Today, it operates as a global network of distribution centers, warehouses, and inventory consolidation points in multiple countries.
Sysco offers a wide range of products including fresh and frozen meats, seafood, produce, dairy and bakery products, as well as beverages, cleaning and sanitation supplies, equipment, and kitchen tools. The company also provides services such as menu planning, recipe development, and training programs for its customers.
In addition to its food distribution services, Sysco also operates numerous other businesses, including specialty produce companies, ethnic food distributors, and foodservice brokerage operations. The company has also expanded into the hospitality industry, with its own fleet of private jets and a luxury hotel and resort in southern Florida.
Sysco has been recognized for its commitment to sustainability and community involvement, and is a member of various organizations focused on promoting responsible and sustainable practices in the food industry.
Overall, Sysco is a major player in the global foodservice industry, providing essential products and services to a wide range of businesses and institutions.
What is special about the company?
1. Largest foodservice distributor: Sysco is the largest foodservice distributor in North America and one of the largest in the world, serving over 650,000 customer locations.
2. Wide range of products and services: The company offers a wide range of food and non-food products, as well as services such as menu consulting, online ordering, and supply chain management.
3. Global presence: Sysco operates in 90 different countries, allowing it to reach a diverse customer base and provide access to international products.
4. Responsive to customer needs: The company has a customer-centric approach and is known for its responsiveness to customer needs, offering personalized solutions and tailored services.
5. Strong relationships with suppliers: Sysco has strong relationships with its suppliers, enabling it to offer a diverse range of high-quality products at competitive prices.
6. Emphasis on food safety and sustainability: The company has a strong focus on food safety and sustainability, implementing strict quality control measures and environmentally friendly practices.
7. Industry expertise and support: With over 50 years of experience in the foodservice industry, Sysco has a deep understanding of its customers' needs and provides them with industry insights, training, and support.
8. Value-added services: Sysco offers value-added services such as marketing support, menu development, and culinary training, helping its customers run their businesses more efficiently.
9. Strong financial performance: The company has a stable financial performance, with consistent growth and profitability, providing a sense of security and reliability to its customers.
10. Commitment to diversity and inclusion: Sysco has a strong commitment to diversity and inclusion, valuing and celebrating the unique perspective and backgrounds of its employees, suppliers, and customers.
2. Wide range of products and services: The company offers a wide range of food and non-food products, as well as services such as menu consulting, online ordering, and supply chain management.
3. Global presence: Sysco operates in 90 different countries, allowing it to reach a diverse customer base and provide access to international products.
4. Responsive to customer needs: The company has a customer-centric approach and is known for its responsiveness to customer needs, offering personalized solutions and tailored services.
5. Strong relationships with suppliers: Sysco has strong relationships with its suppliers, enabling it to offer a diverse range of high-quality products at competitive prices.
6. Emphasis on food safety and sustainability: The company has a strong focus on food safety and sustainability, implementing strict quality control measures and environmentally friendly practices.
7. Industry expertise and support: With over 50 years of experience in the foodservice industry, Sysco has a deep understanding of its customers' needs and provides them with industry insights, training, and support.
8. Value-added services: Sysco offers value-added services such as marketing support, menu development, and culinary training, helping its customers run their businesses more efficiently.
9. Strong financial performance: The company has a stable financial performance, with consistent growth and profitability, providing a sense of security and reliability to its customers.
10. Commitment to diversity and inclusion: Sysco has a strong commitment to diversity and inclusion, valuing and celebrating the unique perspective and backgrounds of its employees, suppliers, and customers.
What the company's business model?
The Sysco company's business model is based on providing distribution, procurement, and logistics services for food and related products to the foodservice industry worldwide. This includes supplying restaurants, hotels, healthcare facilities, schools, and other foodservice businesses with a range of food products, equipment, and supplies. Sysco uses its large-scale purchasing power and supply chain efficiency to provide reliable and cost-effective solutions for its customers. The company also offers value-added services such as menu planning, consulting, and culinary support to help its customers improve their operations.
Interesting facts about the company
1. Sysco is one of the largest food service distributors in North America, with annual sales of nearly $60 billion.
2. The company was founded in 1969 by Herbert Herb Irving, who began his career in the food industry as a truck driver.
3. The name Sysco stands for Systems and Services Company.
4. The company’s main headquarters are located in Houston, Texas, but it operates in over 90 countries worldwide.
5. Sysco delivers food and related products to restaurants, hospitals, schools, hotels, and other institutions.
6. In addition to food products, Sysco also offers kitchen equipment, supplies, and services to help businesses manage their operations more efficiently.
7. Sysco operates its own fleet of delivery trucks and employs over 69,000 people.
8. In 1981, Sysco became the first food service company to be listed on the New York Stock Exchange.
9. The company has grown through acquisitions, including the purchase of its main rival, U.S. Foodservice, in 2013.
10. Sysco is committed to sustainability and has implemented various initiatives to reduce its impact on the environment, such as using alternative fuels for its trucks and reducing food waste.
11. Sysco is also active in charitable and community efforts, including programs to fight hunger and support disaster relief.
12. The company has been recognized for its success and reputation, appearing on Fortune’s World’s Most Admired Companies list and Forbes’ America’s Best Employers list.
13. Sysco has been involved in several controversies over the years, including lawsuits regarding food safety and labor practices.
14. In 2020, Sysco faced challenges due to the COVID-19 pandemic, but has worked to support its customers and adapt to the changing business landscape.
See Company Due Diligence:
2. The company was founded in 1969 by Herbert Herb Irving, who began his career in the food industry as a truck driver.
3. The name Sysco stands for Systems and Services Company.
4. The company’s main headquarters are located in Houston, Texas, but it operates in over 90 countries worldwide.
5. Sysco delivers food and related products to restaurants, hospitals, schools, hotels, and other institutions.
6. In addition to food products, Sysco also offers kitchen equipment, supplies, and services to help businesses manage their operations more efficiently.
7. Sysco operates its own fleet of delivery trucks and employs over 69,000 people.
8. In 1981, Sysco became the first food service company to be listed on the New York Stock Exchange.
9. The company has grown through acquisitions, including the purchase of its main rival, U.S. Foodservice, in 2013.
10. Sysco is committed to sustainability and has implemented various initiatives to reduce its impact on the environment, such as using alternative fuels for its trucks and reducing food waste.
11. Sysco is also active in charitable and community efforts, including programs to fight hunger and support disaster relief.
12. The company has been recognized for its success and reputation, appearing on Fortune’s World’s Most Admired Companies list and Forbes’ America’s Best Employers list.
13. Sysco has been involved in several controversies over the years, including lawsuits regarding food safety and labor practices.
14. In 2020, Sysco faced challenges due to the COVID-19 pandemic, but has worked to support its customers and adapt to the changing business landscape.
See Company Due Diligence:
Wait! There's more — sign up for free or log in