Sysco Corp (NYSE:SYY)
$ 76.95 -0.36 (-0.47%) Market Cap: 37.80 Bil Enterprise Value: 50.68 Bil PE Ratio: 19.78 PB Ratio: 17.12 GF Score: 94/100
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Sysco Corp at Barclays Gaming, Lodging, Leisure, Restaurant & Food Retail Conference Transcript

Dec 03, 2019 / 02:15PM GMT
Release Date Price: $81.3 (+0.59%)
Jeffrey Andrew Bernstein
Barclays Bank PLC, Research Division - Director & Senior Equity Research Analyst

Good morning, everyone. My name is Jeff Bernstein, and I'm the restaurant and food service distribution analyst here at Barclays. I'm pleased to introduce our next presenting company, Sysco Corporation. With us this morning from Houston we have Tom Bené, Chairman, President and CEO; Joel Grade, CFO; and Neil Russell, VP of Corporate Affairs. And I am happy to lead this presentation as a fireside chat. I will kick it off with a few questions and then hope to have audience participation. Please raise your hand if you have a question, and we will have a mic for the benefit of those on the webcast.

For those not familiar, Sysco is the global leader in selling, marketing and distributing food products to restaurants and lots of others. Globally, Sysco serves over 650,000 customer locations from over 320 distribution facilities and they generate over $60 billion in sales. With the June year-end, Sysco is now in the final year of their 3-year plan, which targets total case growth of 2.5% to 3%

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