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0.000140114894213327 0.000490402129746344 0.00336275746111804 0.00294241277847826 0.00252206809583848 0.00195600392321706 0.00191677175283724 -0.000560459576853107
Stock impact report

Sysco: Jetro Restaurant Depot Acquisition Is A Long-Term Win [Seeking Alpha]

Sysco Corporation (SYY) 
Last sysco corporation earnings: 2/3 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.sysco.com
Company Research Source: Seeking Alpha
The acquisition is highly dilutive short-term (18% share increase) and raises leverage to 4.5x, but it doubles free cash flow and boosts EBITDA margins. Post-deal, SYY expects pro forma EBITDA margin to rise to 6.7%, 150 bps above its closest competitor, and free cash flow to expand by 55%. Long-term value creation outweighs near-term volatility, with dividend growth and eventual resumption of buybacks expected once leverage falls below 2.75x. DCF fair value is higher when considering the acquisition and everything that comes with it, compared to no acquisition. Jovanmandic/iStock via Getty Images On March 30th, Sysco Corporation ( SYY ) announced their plan to acquire Restaurant Depot by the third quarter of their 2027 fiscal year. After this announcement, the company saw a huge drop in their share price (15%). I This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of SYY either through stock ownership, options, or other Show less Read more
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