Sysco to Acquire Jetro Restaurant Depot for $29.1 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 30 2026
0mins
Source: stocktwits
Sysco Corp's stock is down 6.47% in pre-market trading, hitting a 20-day low amid broader market gains with the Nasdaq-100 and S&P 500 both up over 0.8%.
The decline in Sysco's stock comes despite the announcement of its $29.1 billion acquisition of Jetro Restaurant Depot, which is expected to significantly enhance its market share and profitability. The deal involves $21.6 billion in cash and 91.5 million shares for Jetro shareholders, allowing Sysco to enter the lucrative Cash & Carry market valued at $60-70 billion. This acquisition is projected to generate nearly $100 billion in annual revenue and $6.4 billion in adjusted EBITDA by 2025, reflecting strong growth potential.
The market's reaction to the acquisition has been cautious, as indicated by the stock's decline despite the positive outlook provided by Sysco. Investors may be weighing the immediate financial implications of the deal against the backdrop of broader market strength.
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Analyst Views on SYY
Wall Street analysts forecast SYY stock price to rise
10 Analyst Rating
5 Buy
5 Hold
0 Sell
Moderate Buy
Current: 79.000
Low
80.00
Averages
87.56
High
98.00
Current: 79.000
Low
80.00
Averages
87.56
High
98.00
About SYY
Sysco Corporation is the global distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company's segment includes U.S. Foodservice Operations, International Foodservice Operations, SYGMA and Other. The U.S. Foodservice Operations segment primarily includes its U.S. broad line operations, which distribute a line of food products, including custom-cut meat, seafood, produce, specialty Italian, specialty imports, and a variety of non-food products. The International Foodservice Operations segment includes operations outside the United States which distribute a line of food products and a variety of non-food products. The SYGMA segment is engaged in customized distribution operations serving quick-service chain restaurant customer locations. The Other segment primarily includes its hotel supply operations, Guest Worldwide. It distributes various products, such as frozen foods, canned and dry foods, fresh meats and seafood and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Sysco Canada Donates $50,000 to Support Communities
- Ongoing Community Support: Sysco Canada has donated $50,000 through its Nourishing Neighbours program for the second consecutive year, highlighting the company's commitment to addressing hunger and strengthening communities, which is expected to enhance its brand image and social responsibility.
- Significant Partnership Outcomes: Over 26 years of collaboration with Second Harvest, Sysco has donated 1.34 million pounds of food, equivalent to over one million meals, significantly improving food security across communities nationwide and enhancing the company's influence in the realm of social responsibility.
- Diverse Funding Support: In fiscal year 2025, Sysco Canada provided over 1.2 million meals to communities and contributed more than $365,000 in financial support to community partners, demonstrating the company's proactive role in promoting sustainable food systems.
- Strategic Partnership Focus: Sysco will direct at least 15% of future Nourishing Neighbours donations to Second Harvest, particularly addressing food insecurity in Northern and remote communities, further solidifying the company's strategic positioning in social responsibility and sustainable development.
See More
Sysco Canada Donates $50,000 to Support Food Rescue Efforts
- Long-Term Partnership Milestone: Sysco Canada's collaboration with Second Harvest has spanned 26 years, donating over 1.34 million pounds of surplus food, equivalent to more than one million meals, significantly improving food security across communities nationwide and showcasing the immense potential of business-nonprofit partnerships.
- Financial Support and Community Impact: Through the Nourishing Neighbours program, Sysco Canada donated over 1.2 million meals and $365,000 in financial support in fiscal 2025, directly addressing food insecurity and enhancing community resilience by aiding over 220 community partners.
- Commitment to Northern Communities: Sysco Canada has pledged that 15% of donations from the Nourishing Neighbours program will support food rescue efforts in Northern communities, reflecting the company's dedication to addressing food access challenges in remote areas and aiming to improve quality of life through sustained investment.
- Event Highlights and Engagement: On June 18, 2026, Premier Doug Ford and MP James Maloney will attend a press conference to announce the donation, followed by a hands-on food sorting volunteer activity, further enhancing community engagement and sense of responsibility.
See More
Sysco and Second Harvest Celebrate 26-Year Partnership
- Donation Support: On June 18, 2026, Sysco Canada will present a $50,000 donation during a press conference to celebrate its 26-year partnership with Second Harvest, underscoring the company's ongoing commitment to reducing hunger and food waste.
- Food Rescue Achievements: Over the course of their collaboration, Sysco Canada has donated more than 1.34 million pounds of surplus food, equivalent to over one million meals, ensuring that communities across the nation receive the quality food they need, significantly improving food security.
- Community Engagement: The event will feature a hands-on food sorting activity where Sysco leaders and volunteers will participate, further strengthening the company's ties to the community and showcasing its commitment to social responsibility.
- Long-Term Commitment: In fiscal 2025, Sysco Canada donated over 1.2 million meals, provided more than $365,000 in financial support, and contributed over 13,000 volunteer hours to support more than 220 community partners, demonstrating how effective collaboration between businesses and non-profits can deliver measurable impact.
See More
Sysco Prepares for 2026 FIFA World Cup Logistics
- Inventory Increase: Sysco plans to boost inventory by approximately 5% across 11 host cities, including an additional 3 million pounds of French fries, 500,000 pounds of frozen chicken tenders, and 255,000 pounds of ground beef, ensuring they meet the demands of nearly 5 million visitors during the World Cup, thereby enhancing their competitive edge in large-scale events.
- Transportation Capacity Boost: The company has secured 80 additional trucks/trailers to handle logistics during the World Cup, ensuring timely deliveries that enhance customer satisfaction and strengthen brand image.
- Human Resource Expansion: Sysco has hired dozens of warehouse selectors and delivery partners in various host cities to support the upcoming event, ensuring efficient operations and service quality, which in turn builds customer trust and reliance.
- Customer Support Services: Sales teams are closely collaborating with customers to create specialized menus and technology solutions tailored for international guests, enhancing customer service capabilities and market appeal, further solidifying Sysco's position as an industry leader.
See More
Sysco Wins 2026 Newsweek AI Impact Award for SAGE
- AI Application Innovation: Sysco has been awarded the 2026 Newsweek AI Impact Award for its enterprise-wide AI application SAGE, highlighting its innovative capabilities in supply chain, sales, and customer experience, thereby enhancing its competitiveness in the global food distribution market.
- Supply Chain Optimization: SAGE improves forecasting and inventory decisions through real-time signals, enabling teams to respond more effectively to changes in customer demand, which directly drives sales growth and enhances service reliability and product flow.
- Scalability and Governance: As a connective intelligence layer, SAGE supports AI workflows across businesses, is model-agnostic, and can operate on any cloud infrastructure, ensuring security and compliance while rapidly scaling AI solutions to enhance business value.
- Industry Benchmark: This recognition underscores Sysco's leadership in responsibly applying AI to solve complex retail and supply chain challenges, setting a benchmark for operationalizing AI across industries and promoting sustainable business growth.
See More
Sysco to Host Investor Presentation at Deutsche Bank Conference in Paris
- Investor Presentation Schedule: Sysco Corporation will webcast its presentation at the 2026 Deutsche Bank Access Global Consumer Conference in Paris on June 2, 2026, at 8:45 a.m. CT, aiming to update investors on the company's latest developments.
- Webcast Access: The live webcast will be available on Sysco's investor relations website, with an archived replay provided shortly after the event, ensuring that investors who cannot attend live can still access key information.
- Company Background: As the world's largest food-away-from-home distributor, Sysco operates 337 distribution centers across 10 countries, employing 75,000 colleagues to serve approximately 730,000 customer locations, generating over $81 billion in sales for fiscal year 2025, highlighting its industry leadership.
- Customer Support and Innovation: Sysco offers customized supply chain solutions and innovative culinary support to help customers optimize operations and drive business growth, further solidifying its role as a trusted business partner.
See More
Sysco Canada Donates $50,000 to Support Communities
- Ongoing Community Support: Sysco Canada has donated $50,000 through its Nourishing Neighbours program for the second consecutive year, highlighting the company's commitment to addressing hunger and strengthening communities, which is expected to enhance its brand image and social responsibility.
- Significant Partnership Outcomes: Over 26 years of collaboration with Second Harvest, Sysco has donated 1.34 million pounds of food, equivalent to over one million meals, significantly improving food security across communities nationwide and enhancing the company's influence in the realm of social responsibility.
- Diverse Funding Support: In fiscal year 2025, Sysco Canada provided over 1.2 million meals to communities and contributed more than $365,000 in financial support to community partners, demonstrating the company's proactive role in promoting sustainable food systems.
- Strategic Partnership Focus: Sysco will direct at least 15% of future Nourishing Neighbours donations to Second Harvest, particularly addressing food insecurity in Northern and remote communities, further solidifying the company's strategic positioning in social responsibility and sustainable development.
See More
Sysco Canada Donates $50,000 to Support Food Rescue Efforts
- Long-Term Partnership Milestone: Sysco Canada's collaboration with Second Harvest has spanned 26 years, donating over 1.34 million pounds of surplus food, equivalent to more than one million meals, significantly improving food security across communities nationwide and showcasing the immense potential of business-nonprofit partnerships.
- Financial Support and Community Impact: Through the Nourishing Neighbours program, Sysco Canada donated over 1.2 million meals and $365,000 in financial support in fiscal 2025, directly addressing food insecurity and enhancing community resilience by aiding over 220 community partners.
- Commitment to Northern Communities: Sysco Canada has pledged that 15% of donations from the Nourishing Neighbours program will support food rescue efforts in Northern communities, reflecting the company's dedication to addressing food access challenges in remote areas and aiming to improve quality of life through sustained investment.
- Event Highlights and Engagement: On June 18, 2026, Premier Doug Ford and MP James Maloney will attend a press conference to announce the donation, followed by a hands-on food sorting volunteer activity, further enhancing community engagement and sense of responsibility.
See More
Sysco and Second Harvest Celebrate 26-Year Partnership
- Donation Support: On June 18, 2026, Sysco Canada will present a $50,000 donation during a press conference to celebrate its 26-year partnership with Second Harvest, underscoring the company's ongoing commitment to reducing hunger and food waste.
- Food Rescue Achievements: Over the course of their collaboration, Sysco Canada has donated more than 1.34 million pounds of surplus food, equivalent to over one million meals, ensuring that communities across the nation receive the quality food they need, significantly improving food security.
- Community Engagement: The event will feature a hands-on food sorting activity where Sysco leaders and volunteers will participate, further strengthening the company's ties to the community and showcasing its commitment to social responsibility.
- Long-Term Commitment: In fiscal 2025, Sysco Canada donated over 1.2 million meals, provided more than $365,000 in financial support, and contributed over 13,000 volunteer hours to support more than 220 community partners, demonstrating how effective collaboration between businesses and non-profits can deliver measurable impact.
See More
Sysco Prepares for 2026 FIFA World Cup Logistics
- Inventory Increase: Sysco plans to boost inventory by approximately 5% across 11 host cities, including an additional 3 million pounds of French fries, 500,000 pounds of frozen chicken tenders, and 255,000 pounds of ground beef, ensuring they meet the demands of nearly 5 million visitors during the World Cup, thereby enhancing their competitive edge in large-scale events.
- Transportation Capacity Boost: The company has secured 80 additional trucks/trailers to handle logistics during the World Cup, ensuring timely deliveries that enhance customer satisfaction and strengthen brand image.
- Human Resource Expansion: Sysco has hired dozens of warehouse selectors and delivery partners in various host cities to support the upcoming event, ensuring efficient operations and service quality, which in turn builds customer trust and reliance.
- Customer Support Services: Sales teams are closely collaborating with customers to create specialized menus and technology solutions tailored for international guests, enhancing customer service capabilities and market appeal, further solidifying Sysco's position as an industry leader.
See More
Sysco Wins 2026 Newsweek AI Impact Award for SAGE
- AI Application Innovation: Sysco has been awarded the 2026 Newsweek AI Impact Award for its enterprise-wide AI application SAGE, highlighting its innovative capabilities in supply chain, sales, and customer experience, thereby enhancing its competitiveness in the global food distribution market.
- Supply Chain Optimization: SAGE improves forecasting and inventory decisions through real-time signals, enabling teams to respond more effectively to changes in customer demand, which directly drives sales growth and enhances service reliability and product flow.
- Scalability and Governance: As a connective intelligence layer, SAGE supports AI workflows across businesses, is model-agnostic, and can operate on any cloud infrastructure, ensuring security and compliance while rapidly scaling AI solutions to enhance business value.
- Industry Benchmark: This recognition underscores Sysco's leadership in responsibly applying AI to solve complex retail and supply chain challenges, setting a benchmark for operationalizing AI across industries and promoting sustainable business growth.
See More
Sysco to Host Investor Presentation at Deutsche Bank Conference in Paris
- Investor Presentation Schedule: Sysco Corporation will webcast its presentation at the 2026 Deutsche Bank Access Global Consumer Conference in Paris on June 2, 2026, at 8:45 a.m. CT, aiming to update investors on the company's latest developments.
- Webcast Access: The live webcast will be available on Sysco's investor relations website, with an archived replay provided shortly after the event, ensuring that investors who cannot attend live can still access key information.
- Company Background: As the world's largest food-away-from-home distributor, Sysco operates 337 distribution centers across 10 countries, employing 75,000 colleagues to serve approximately 730,000 customer locations, generating over $81 billion in sales for fiscal year 2025, highlighting its industry leadership.
- Customer Support and Innovation: Sysco offers customized supply chain solutions and innovative culinary support to help customers optimize operations and drive business growth, further solidifying its role as a trusted business partner.
See More
