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Stock impact report

As restaurants close and demand for groceries surges, food distributors shift their focus to retailers [Toronto Globe and Mail (Ontario, Canada)]

Sysco Corporation (SYY) 
Last sysco corporation earnings: 2/3 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.sysco.com
As restaurants close and demand for groceries surges, food distributors shift their focus to retailers Workers load canned goods in the distribution warehouse at the Associated Foods Stores, on March 20, 2020, in Farr West, Ut. Rick Bowmer/The Associated Press Workers load canned goods in the distribution warehouse at the Associated Foods Stores, on March 20, 2020, in Farr West, Ut. Food distributors that typically serve the restaurant and hospitality industries are pivoting their resources to aid grocery retailers struggling to restock amid the surging demand caused by the COVID-19 pandemic. The supply chain that distributes to away-from-home outlets such as restaurants, ski hills, health-care facilities, conference centres and universities is distinct from the one that replenishes the shelves at grocery stores. Each stream is made up of different companies with separate warehouses, inventories, work forces and fleets. But as Canadians self-isolate and the hospitality industry slo Show less Read more
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