SYY Sysco Corporation

Sysco Donates 30 Million Meals, ‘Making Every Case Count’ in a Global Effort to Support Vulnerable, Food-Insecure Citizens

Sysco Donates 30 Million Meals, ‘Making Every Case Count’ in a Global Effort to Support Vulnerable, Food-Insecure Citizens

HOUSTON, June 22, 2020 (GLOBE NEWSWIRE) -- Today, Sysco announced it has donated 30 million meals across eight countries since mid-March as part of its community response strategy to the COVID-19 pandemic. These donations were valued at over $100 million and included nearly 16 million pounds of fresh produce and approximately six million pounds of fresh dairy products.

With millions more people around the world seeking food assistance, Sysco worked closely with suppliers, customers and government entities, along with key partners like Feeding America in the U.S., Second Harvest in Canada, FareShare in the U.K. and FoodCloud in Ireland, among others, to distribute food to those who need it most.

“When the pandemic reduced demand for restaurants and other food-away-from-home establishments worldwide, Sysco associates acted quickly to re-direct millions of cases of food to local organizations dedicated to getting nutritious food into the hands of those in need,” said Neil Russell, Sysco’s vice president, corporate affairs. “This massive effort demonstrates an extraordinary level of partnership, agility and compassion by our global associates in response to the COVID-19 crisis.”

In addition to providing food, Sysco’s comprehensive community response strategy aimed to help address a broad set of other needs facing food redistribution efforts, including providing direct delivery to food banks and other hunger relief organizations, loaning refrigerated trucks and facility storage space to increase capacity for local food distribution, and providing volunteer and staffing support for mobile distribution efforts. Through food donations and these other efforts, Sysco supported more than 900 community organizations in their efforts to address hunger and food insecurity.

Sysco also donated $150,000 to No Kid Hungry through its Take Out To Give Back campaign, a program that launched a social media movement to support local restaurants during COVID-19 while generating awareness about child hunger. The campaign encouraged diners to support local restaurants by ordering takeout and delivery meals from across the U.S. and beyond. For every meal photo posted and tagged with #TakeOutToGiveBack, Sysco donated 50 cents to No Kid Hungry, helping to ensure nutritious meals reach kids in need. No Kid Hungry is a campaign run by Share Our Strength, a non-profit working to solve problems of hunger and poverty in the U.S. and around the world.

About Sysco

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. The company operates more than 320 distribution facilities worldwide and serves more than 650,000 customer locations. For fiscal 2019 that ended June 29, 2019, the company generated sales of more than $60 billion. Information about our CSR program, including Sysco’s 2019 Corporate Social Responsibility Report, can be found at .

For more information, visit  or connect with Sysco on Facebook at  or Twitter at . For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at , which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. Investors should also follow us at  and download the Sysco IR App, available on the iTunes App Store and the Google Play Market. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.

For more information contact:

Shannon Mutschler

Media Contact



T 281-584-4059

EN
22/06/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sysco Corporation

 PRESS RELEASE

The Coastal Companies Issues Voluntary Recall on Items With Fresh Star...

The Coastal Companies Issues Voluntary Recall on Items With Fresh Start Cucumbers Due to the Potential for Salmonella Contamination LAUREL, Md., May 22, 2025 (GLOBE NEWSWIRE) -- The Coastal Companies is issuing a voluntary recall of 17 products that were produced from cucumbers grown by Bedner Growers, Inc. and distributed by Fresh Start Produce Sales, Inc. due to the potential for Salmonella contamination. These products were distributed by East Coast Fresh in Laurel, MD and Hearn Kirkwood in Jessup, MD. If you find any of the affected products listed below in your possession, ple...

 PRESS RELEASE

Sysco to Webcast Presentation at the Deutsche Bank Access Global Consu...

Sysco to Webcast Presentation at the Deutsche Bank Access Global Consumer Conference 2025 HOUSTON, May 13, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation from the 2025 Deutsche Bank Access Global Consumer Conference in Paris, France on Tuesday, June 3, at 4:15 a.m. CDT or 11:15 a.m. CEST. The live webcast for the event can be accessed at . An archived replay of the webcast will be available shortly after the live event is completed. For purposes of public disclosure, including this and future similar events, Sysco use...

 PRESS RELEASE

Sysco Reports Third Quarter Fiscal Year 2025 Results

Sysco Reports Third Quarter Fiscal Year 2025 Results HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week third fiscal quarter ended March 29, 2025. Key financial results for the third quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): Sales increased 1.1%; U.S. Foodservice volume decreased 2.0%;Gross profit decreased 0.8% to $3.6 billion;Operating income decreased 5.7% to $681 million, and adjusted operating income decreased 3.3% to ...

 PRESS RELEASE

Sysco Declares Increase to Quarterly Dividend

Sysco Declares Increase to Quarterly Dividend HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a $0.03 increase in the quarterly cash dividend to $0.54 per share from the current $0.51 per share. The new dividend is payable for the first time on July 25, 2025, to common stockholders of record at the close of business on July 3, 2025. "The Board's decision to increase the dividend by 6% reflects Sysco's continued commitment to maintaining a healthy dividend payout ratio of 40% to 50% of adjusted EPS, while ...

 PRESS RELEASE

Sysco partners with The MICHELIN Guide for the 2025 Florida MICHELIN G...

Sysco partners with The MICHELIN Guide for the 2025 Florida MICHELIN Guide Ceremony HOUSTON, April 14, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation announced today its new partnership as the official wholesale food distributor for the MICHELIN Guide. The collaboration links the world’s largest food distributor to one of the world’s most celebrated culinary events. The partnership will be celebrated at the 2025 MICHELIN Guide Florida Ceremony in Orlando on April 17 and will bring Sysco’s high-quality, premium products and culinary expertise to one of the world’s most celebrated culinary e...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch