389 Views

Sysco 

“Market Cap $21.12 B As of May 2014

At a Glance
  • Industry: Food Retail
  • Founded: 1969
  • Country: United States
  • CEO: William DeLaney
  • Website: www.sysco.com
  • Employees: 48,100
  • Sales: $45.48 B
  • Headquarters: Houston, Texas
Forbes Lists

#518 Global 2000

  • #188 in Sales
  • #644 in Profit
  • #1465 in Assets
  • #528 in Market value
Profile

Sysco Corp. is engages in the selling, marketing and distribution of food and food related products primarily to the foodservice or food-away-from-home industry. The company operates through three business segments: Broadline, SYGMA and Other. The Broadline segment distributes a full line of food products and a wide variety of non-food products to its customers. The SYGMA segment distributes a full line of food products and a wide variety of non-food products to chain restaurant customers. The Other segment offers specialty produce, custom-cut meat and lodging industry products. The company provides products and related services to customers, including restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers. It distributes products comprising of frozen foods, such as meat, fully prepared entrees, fruits, vegetables and desserts, canned and dry foods, fresh meat; dairy products; beverage products; imported specialties; and fresh produce. It also supplies a wide variety of non-food items, including products such as disposable napkins, plates and cups; tableware such as China and silverware; cookware such as pots, pans and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company was founded in 1969 and is headquartered in Houston, TX.

“The Sysco Story

Building customer relationships requires time, effort and sincerity. For Sysco, it began with a promise to assist foodservice operators in providing consumers with solutions for meals consumed away from home. Since the initial public offering in 1970, when sales were $115 million, Sysco has grown to $44 billion in sales for fiscal year 2013.

Many solid customer relationships have been nurtured along the way, countless dining trends and meal alternatives have evolved, and today the decision to consume meals prepared away from home is as much necessity as choice. Since then, the industry it serves has expanded from $35 billion to approximately $235 billion.

Today, Sysco has sales and service relationships with approximately 425,000 customers and remains committed to helping them succeed in the foodservice industry and satisfy consumers’ appetites. Operating from 193 locations throughout the U.S., Bahamas, Canada, Ireland & Northern Ireland, Sysco’s product lines are as diverse as the 48,100 employees who support its daily operations. They include not only the ingredients needed to prepare meals, but also numerous ancillary preparation and serving items. As a result, Sysco can make a difference in its customers’ lives and the success of their businesses.”

*Information from Forbes.com and Sysco.com

**Video published on YouTube by “Sysco Corporation

Industry:

Food Retail