$81.06
+0.47 (+0.58%)
SYY News3 articles
Sysco Shares Dip 3.6% on Sales Miss as Restaurant Demand Weighs on $29B Deal
Sysco shares dropped 3.6% after quarterly sales missed estimates, reflecting sluggish restaurant demand. The company reaffirmed its full-year outlook and highlighted local restaurant sales growth.
Sysco Acquires Jetro Restaurant Depot in $29.1 Billion Strategic Expansion
Sysco has agreed to purchase Jetro Restaurant Depot for $29.1 billion, a move that significantly expands its footprint in the cash-and-carry wholesale segment serving small foodservice operators.
PFG Shares Stabilize After Rally as Debt Refinancing Nears
Performance Food Group stock consolidated gains near $98 after a sharp rally, with investors focused on an upcoming debt refinancing and sector earnings.