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Completion of the transaction remains subject to regulatory review, including the expiration or termination of the waiting period under the HSR Act, and other customary closing conditions. Sysco's outlook on the transaction, and the likely timing for closing in the third quarter of calendar 2014, remains unchanged
Wow now that's news that doesn't sound good...
http://www.nbcbayarea.com/on-air/as-seen-on/Sysco-Food-Found-at-Storage-Sheds-Served-to-the-Public_Bay-Area-214864811.html
This is not good at all. What are they doing ??? Lawsuits will swamp them
That was a thorn they took out... Didn't see that coming...
SYY - Credit Suisse Upgrades Sysco SYY
http://www.streetinsider.com/Upgrades/Credit+Suisse+Upgrades+Sysco+%28SYY%29+to+Neutral/8959978.html
- MH
BRFH landing huge food distribution deals/recent doubling..
off topic, but worth a look at this little guy at .55...landed a huge \contract with Sysco last summer...has added others since...
http://nbtequitiesresearch.com/report/barfresh-food-groups-brfh-pipeline-of-opportunities-continues-to-rapidly-expand
I know the industry pretty well... Sysco a great stock to get in...
Did a dandy fine job.. idk about insane Gains for a years trade or not..
shit this took off bigtime!!!! what a pick...
I like sysco... looks good. SYY
~ $SYY ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $SYY ~ Earnings expected on Monday *
This Week In Earnings: Earnings are coming or are already posted! This is what the charts look like! If you play the earnings these posts can be very helpful to you!
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=SYY&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=SYY&p=W&b=3&g=0&id=p54550695994
~ Barchart: http://barchart.com/quotes/stocks/SYY?
~ OTC Markets: http://www.otcmarkets.com/stock/SYY/company-info
~ Google Finance: http://www.google.com/finance?q=SYY
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=SYY#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=SYY+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=SYY
Finviz: http://finviz.com/quote.ashx?t=SYY
~ BusyStock: http://busystock.com/i.php?s=SYY&v=2
~ CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=SYY&exchange=US
~ Investorshub Trades: http://ih.advfn.com/p.php?pid=trades&symbol=SYY
~ Investorshub Board Search: http://investorshub.advfn.com/boards/getboards.aspx?searchstr=SYY
~ Investorshub PostStream Search: http://investorshub.advfn.com/boards/poststream.aspx?ticker=SYY
~ Investorshub Goodies Search: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18582&srchyr=2011&SearchStr=SYY
~ Investorshub Message Search: http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=SYY
~ MarketWatch: http://www.marketwatch.com/investing/stock/SYY/profile
~ E-Zone Chart: http://www.windchart.com/ezone/signals/?symbol=SYY
~ 5-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SYY
~ 10-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SYY&size=l&frequency=10&color=g
~ 30-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SYY&size=l&frequency=30&color=g
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http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
News: SYSCO of Iowa Begins Selling Smoky Market Salmon
http://ih.advfn.com/p.php?pid=nmona&article=50081996
Smoky Market Foods, Inc. (PINKSHEETS: SMKY) (OTCQB: SMKY) announced today it has launched into wholesale foodservice distribution and formed a special brokerage relationship with SYSCO Foodservice of Iowa. SYSCO is the global leader in foodservice distribution and the company got the opportunity to present its salmon program to SYSCO of Iowa. Eddie Feintech, CEO of Smoky Market Foods, Inc., stated: "The executive chef and staff loved the unique quality of our Smoke-Baked salmon and bought our program on the spot. We shipped their initial order on November 10th and presented our program to all their Iowa reps at their holiday sales event on November 11th and cases of Smoky Market salmon are beginning to be sold." Highlights of the distribution program with SYSCO of Iowa include:
SYSCO of Iowa, a division company of SYSCO Foodservice, is selling Smoky Market entrée fillets, whole platter fillets and flaked salmon. In 2012, they anticipate adding some of the company's other protein items to their inventory offering.
SYSCO of Iowa is functioning as "the" broker for Smoky Market foodservice for Iowa and has been awarded exclusive distribution rights for the state, which agreement further includes the direct introductions to other SYSCO division companies in the surrounding states. The objective of this campaign is to develop distribution of Smoky Market products through all SYSCO divisions nationwide, and possibly the continuation of exclusive representation.
Assuming the company's relationship with SYSCO evolves as anticipated, SYSCO would be offered exclusive distribution of the company's Smoky Kosher line, as well as distribution to the BarBQ Diner outlets when the company launches the fast-casual dining "Franship" concept.
The company can grow its revenue cash flow and become solidly profitable through success with wholesale distribution from production capacity of its existing smoker-oven system. Said Mr. Feintech, "We can support several additional SYSCO companies with our existing capacity, which will greatly facilitate the sale of our Preferred Stock offering to finance more ovens for expansion of sales on a national and international basis, to include distribution into Canada." SYSCO of Iowa has over 80 sales reps developing distribution for Smoky Market salmon throughout the state and the senior staff will soon begin to make introductions to other SYSCO division companies under the exclusive sales/brokerage agreement.
ABOUT SMOKY MARKET FOODS
Smoky Market Foods, Inc. is a producer and distributor of a complete line of real Smoke-Baked™ foods that are prepared authentically using a unique wood-burning oven system, and sold under the brand name of Smoky Market®. Because of its proprietary wood-burning oven technology, which burns freshly-cut hickory and apple timber to impart a genuine smoky flavor, the company's Smoke-Baked meat and fish are truly prepared the old-fashioned way, without the use of any additives or chemical preservatives. This aspect of quality wholesomeness in prepared food processing is a market niche feature. Smoky Market Foods, Inc. intends to build national brand distribution for its smoked foods through multiple channels of marketing that include wholesale and retail distribution, and through development of a chain of BarBQ Diner modular restaurants that do not cook raw food on site.
FORWARD-LOOKING STATEMENTS
Statements in this news release regarding future financial and operating results, future growth in research and development programs, potential applications of our technology, opportunities for the company and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: our limited operating history, need for future capital and need to enter into relationships with retailers for retail merchandising business, supply and distribution risks, risks inherent in the development and commercialization of potential products, protection of our intellectual property, and economic conditions generally. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in the company's periodic reports, including the company's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Forward-looking statements are based on the beliefs, opinions, and expectations of the company's management at the time they are made, and the company does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change.
Media Contact:
Smoky Market Foods, Inc.
P.O. Box 893
Webster City, IA 50595
buysmoked@smokymarket.com
www.smkycorp.com
It looks like Sysco Iowa has just started offering SMKY's Smoky Market Salmon. Great time to get into SMKY before this goes national.
http://www.smkycorp.com/smkynews.html
Sysco is supporting LOCAL farmers!
http://www.fastcompany.com/magazine/160/sysco-new-system
Awesome company!
Sysco has completed its SAP implementation!
Today's earnings news = 10.73% jump:
Sysco Reports Record Third Quarter Net Earnings of $258 Million, and Diluted EPS of $0.44
Date : 05/09/2011 @ 8:00AM
Source : GlobeNewswire Inc.
Stock : Sysco Corporation (SYY)
http://ih.advfn.com/p.php?pid=nmona&article=47585420&symbol=SYY
I would have to Agree with You! I worked for this co. for 15 years both at the Sysco & The Sygma sides. The best run co, treats Employees very well, and customers even better. I worked in both the warhouse and transportation mid-management ends of the co. Bought thousands of SYY over the years in the employee purchase plan ( We get it at a 10% discount to mrkt price) And have always done very well with it since 1989. Long term with this co. is a no brainer. GLTA IMO And my expr.
Sysco Tops Fortune’s Most Admired Food Wholesaler List
HOUSTON, TX (Mar. 13) - Despite currently facing declining sales and earnings, Sysco Corp. has claimed the No. 1 spot in its category on Fortune magazine’s list of World’s Most Admired Companies 2009. The leading foodservice distributor overtook CHS, a diversified energy, grains and food wholesaler, which had held the top spot for the past two years.
The list, published in Fortune’s March 16 issue, is based on voting in late 2008 by company executives worldwide. It includes 363 companies in all, arranged by industry.
Companies were scored in nine categories. In addition to its No. 1 ranking among food wholesalers, Sysco ranked in the top 10 among all companies in the following categories:
• Use of Corporate Assets (#3)
• Management Quality (#4)
• Product Quality (#4)
• Long-Term Investment (#8)
• Financial Soundness (#9)
In a note on Sysco’s financial soundness, Fortune noted “Oscillating commodity prices and cutbacks in dining hurt the company last year, but Sysco still earned profits of over $238 million and offers a 4 percent dividend. The company is renowned for its supply-chain efficiencies and has a return-on-equity ratio of 33 percent, compared to an industry standard of 19 percent.”
Other scoring categories included Innovation, People Management, Sustainability and Global Competitiveness.
In addition to Sysco, which had a composite score of 7.98, and CHS, which scored 7.34, other companies named as most admired in the Wholesalers: Food and Grocery category are United Natural Foods (5.98) and Unified Grocers (5.69). Companies named as “contenders” include Core-Mark Holdings (5.23), Nash Finch (5.19) and Spartan Stores (5.12). The last contender listed is Performance Food Group (PFG), the country’s third-largest foodservice distributor. PFG had placed third in the category behind Sysco in both 2007 and 2008, with scores of 7.32 and 7.13, respectively, but this year dropped to eighth with a score of 4.99.
So much for that...I thought this would happen since the company themselves didn't put out the news.
New York, 20 August 2008 - Food distribution outfit Sysco Corp denied that it had agreed to launch a food business venture with Dezina Marketing – directly contradicting a statement made by Dezina earlier this week.
these guys always think outside the box....watchout Costco
SYSCO Corporation and Dezina Marketing, Inc. Form Joint Venture in First Online Offering of SYSCO Food Products to Targeted Customers
Cost Savings and Delivery System Offer Customers New Experience in Online Grocery Shopping
Last update: 1:57 p.m. EDT Aug. 18, 2008
COLUMBIA, Md. & JESSUP, Md., Aug 18, 2008 (BUSINESS WIRE) -- SYSCO, Systems and Services Corporation (NYSE - SYY, $19 Billion market cap), and Dezina Marketing, Inc. (DZNA), announce an exclusive venture designed to penetrate the residential market for online grocery shopping through substantial cost savings offered by SYSCO's immense buying power, and the personalized product delivery system created by Dezina Marketing, Inc. The venture marks SYSCO's first foray into online grocery marketing to individual consumers.
SYSCO is North America's largest foodservice marketer and distributor. Dezina Marketing, Inc., ("Dezina") based in Columbia, MD, is a proactive marketing company in the food delivery marketplace, the fastest growing segment of the multibillion-dollar food products industry. Dezina primarily markets food delivery service commissaries under the trade name, Deli Around The Corner ("DATC"). Through the DATC operations, which focus on building customer relationships, not just customers, through personalized attention, Dezina will provide the marketing and distribution channels for delivering SYSCO food products to individual consumers at a personal level of service.
"In direct contrast to the rising grocery bills most Americans are facing, SYSCO expects to offer the online customers significant cost reductions on their grocery items," said Keith Shapiro, president and CEO of SYSCO Food Services of Baltimore, LLC, which markets and distributes food and related products to foodservice operators throughout the Baltimore and Washington, D.C. metropolitan areas.
"Unlike a handful of other online grocery operations, our association with Dezina and its delivery system will effectively negate the overhead costs typically passed onto customers through product pricing. Groceries ordered come directly from SYSCO's warehouses and are delivered to the customer's location through Dezina's personalized delivery system," said Shapiro.
The initial target market will be DATC business customers with a second phase extending to residential households falling within a three mile radius of DATC locations, all of whom will receive free delivery of their groceries from Dezina representatives. "Beyond tremendous cost savings for our customers, our distinct advantage is being able to offer customers a personal shopper experience, if you will," said Kristin Hill, Director of Operations for Dezina Marketing, Inc. "Our expertise is in turning up the expectations of what constitutes quality and friendly services. And in this particular case, bringing the hometown grocery shopping experience where you know the grocer and the grocer knows you, into the anonymous web-based shopping experience."
Dezina projects the earnings per share from the online grocery venture to be $.26 for its shareholders in the first 12 months of operation.
The two companies are developing an interactive, virtual grocery shopping website that will simulate an actual grocery shopping experience. The site will be made available to target audiences and will have customer use incentives built into the system in various forms.
The new venture is an outgrowth of an existing strategic corporate alliance between SYSCO and Dezina Marketing, Inc. whereby SYSCO has nurtured the development of Dezina and provides all food service products to DATC operations.
Dezina Marketing, Inc. began public trading on August 13, 2008. The milestone was achieved rather quickly for the small company, incorporated September 13, 2007 through a reverse merger with a publicly traded shell. Its flagship operation, the DATC commissaries, primarily focus on lunch delivery and corporate catering to business customers during regular business hours, a customer base that is currently an under-served business segment of the food delivery marketplace. The first DATC commissary is running at capacity, 300 delivered lunches per day, in Timonium, Maryland. Dezina expects to open a commissary in Columbia, Maryland and one in the Research Blvd. area of Rockville, Maryland in the fourth quarter ending October 31, 2008.
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. For the fiscal year 2007 that ended June 30, 2007, the company generated more than $35 billion in sales. For more information about SYSCO visit the company's Internet home page at www.sysco.com.
Forward-Looking Statements
Certain statements made herein are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on current expectations and estimates; actual results may differ materially. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements, which relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans that involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce or provide today.
SOURCE: Dezina Marketing, Inc.
Dezina Marketing, Inc.
Brent Chapel, CFO
410-381-8020
Brent.chapel@dezinamarketing.com
Nice run up after earnings........this is one of the most well run companies in America. I used to compete against them I should know.
I see
Sysco 4Q EPS, revenue top expectations
great news but I expect nothing less from them
Yeah... 8K and everything is out now
8K
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5821266
Fourth Quarter Fiscal 2008 Highlights
* Sales increased 5.4% to $9.7 billion from $9.2 billion in the
fourth quarter of fiscal 2007.
* Operating income increased 9.7% to $559 million compared to $509
million in last year's fourth quarter.
* Diluted earnings per share (EPS) increased 12.2% to $0.55 compared
to $0.49 in last year's fourth quarter.
Fiscal 2008 Highlights
* Sales increased 7.1% to $37.5 billion from $35.0 billion in fiscal
2007.
* Operating income increased 10.0% to $1.9 billion compared to $1.7
billion in the prior year.
* Diluted EPS increased 13.1% to $1.81 compared to $1.60 in the prior
year.
conference call is today??
Earnings look good. Should be a nice pop IMO
Sysco Corporation (SYY) more shares bought by Lotsoff Capital Management
By: EVA BARRETT Approving Editor: DOROTHY ROBINSON
LONG BEACH (Mffais.com) - Lotsoff Capital Management added additional 180,431 (169.97 %) shares of Sysco Corporation (SYY), bringing their current holdings to 286,584 shares as shown by filings made public on 2008-07-18.
The stock is currently owned by 987 funds/institutions with a total activity score of -0.10. With 40.00 % of owning funds reported recently buying shares, 11.50 % maintaining existing share level and 48.50 % selling shares. Full details for Sysco Corporation (SYY) available at http://www.mffais.com/syy.html
Sysco Corporation (SYY) more shares bought by Oakbrook Investments Llc
By: RALPH FREEMAN Approving Editor: HELEN KING
LONG BEACH (Mffais.com) - Oakbrook Investments Llc added additional 20,020 (10.28 %) shares of Sysco Corporation (SYY), bringing their current holdings to 214,610 shares as shown by filings made public on 2008-07-21.
The stock is currently owned by 987 funds/institutions with a total activity score of -0.10. With 40.05 % of owning funds reported recently buying shares, 11.51 % maintaining existing share level and 48.43 % selling shares. Full details for Sysco Corporation (SYY) available at http://www.mffais.com/syy.html
Sysco Corporation (SYY) newly added by Td Banknorth N A
By: LUCILLE CHAMBERS Approving Editor: DAVID ANDERSON
LONG BEACH (Mffais.com) - Td Banknorth N A added the Sysco Corporation (SYY) company to their portfolio, by buying 229,619 shares as shown by filings made public on 2008-07-22.
The stock is currently owned by 987 funds/institutions with a total activity score of -0.09. With 40.50 % of owning funds reported recently buying shares, 11.50 % maintaining existing share level and 48.00 % selling shares. Full details for Sysco Corporation (SYY) available at http://www.mffais.com/syy.html
PRESS RELEASE
SYSCO to Webcast Fourth Quarter Earnings Conference Call
Monday August 6, 4:01 pm ET
HOUSTON, Aug. 6, 2007 (PRIME NEWSWIRE) -- SYSCO Corporation (NYSE:SYY - News) announced today that it will webcast its fourth quarter fiscal year 2007 earnings conference call on Monday, August 13, 2007 at 10:00 a.m. EDT.
The live webcast can be accessed online at http://www.sysco.com in the Investor Relations section. A webcast replay and downloadable MP3 file of the conference call will be available at approximately 1:00 p.m. EDT that same day. The company also will issue a news release on the morning of August 13, prior to the earnings conference call, which can be accessed online at http://www.sysco.com in the Investor Relations section.
SYSCO is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers that prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. For the calendar year 2006, the company generated $33.9 billion in sales. For more information about SYSCO visit http://www.sysco.com
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