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OFFON

SYSCO CORPORATION

(SYY)
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Sysco Corporation Partners with SAVRpak to Change the Future of Food Delivery

07/27/2021 | 08:04am EDT

Sysco Corporation announced an exclusive partnership that will deliver SAVRpak’s patented food preservation technology to independent and local chain restaurants nationwide. Through their agreement, Sysco will add SAVRpak “freshness packs” to its Cutting Edge Solutions platform, making this technology immediately available to order. Developed by an aerospace engineer, SAVRpak is a frozen, peel-and-stick patch that removes moisture from the air of a food container, thereby keeping it away from the meal and ensuring hot and cold food stays fresh and crisp in transit. SAVRpak’s paper and plant-based solution uses no chemicals and is expected to receive its biodegradable certification later this year. SAVRpak was named the winner of the 2021 P&G Ventures Innovation Challenge and Best Sustainable Packaging in the 2021 World Food Innovation Awards.


© S&P Capital IQ 2021
All news about SYSCO CORPORATION
09/23SYSCO : Offers New and Innovative Products For Fall 2021 Through Cutting Edge Solutions Pl..
AQ
09/23Sysco Corporation Announces the Nationwide Launch of Eight Innovative Concepts Exclusiv..
CI
09/22SYSCO CORP : Entry into a Material Definitive Agreement, Creation of a Direct Financial Ob..
AQ
09/22Sysco Corporation Enters into an Amendment to the Credit Agreement
CI
09/09SYSCO : to Webcast Presentation at the Wells Fargo 4th Annual Consumer Conference
AQ
09/03Sysco Corporation entered into an agreement to acquire Medina Foodservice.
CI
09/02Sysco Donates $50,000 to American Red Cross for Hurricane Ida Relief
GL
09/01SYSCO : Congratulates Board Member, Sheila G. Talton, Recognized as a 2021 Most Influentia..
AQ
08/30SYSCO : to Webcast Presentation at the 2021 Barclays Global Consumer Staples Conference
AQ
08/30SYSCO : Declares Quarterly Dividend Payment
AQ
More news
Analyst Recommendations on SYSCO CORPORATION
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Financials (USD)
Sales 2022 63 622 M - -
Net income 2022 1 743 M - -
Net Debt 2022 8 189 M - -
P/E ratio 2022 23,5x
Yield 2022 2,38%
Capitalization 40 859 M 40 859 M -
EV / Sales 2022 0,77x
EV / Sales 2023 0,72x
Nbr of Employees 58 000
Free-Float 66,8%
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Technical analysis trends SYSCO CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 79,79 $
Average target price 88,45 $
Spread / Average Target 10,9%
EPS Revisions
Managers and Directors
Kevin P. Hourican President, Chief Executive Officer & Director
Aaron E. Alt Chief Financial Officer & Executive Vice President
Edward D. Shirley Executive Chairman
Tom Peck Executive VP, Chief Information & Digital Officer
Sandra G. Carson VP-Enterprise Risk Management & Compliance
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