Jim Cramer Says “For Sysco, the Jetro Acquisition's Superb” [Yahoo! Finance]
Sysco Corporation (SYY)
Last sysco corporation earnings: 2/3 08:00 am
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Source: Yahoo! Finance
Or how about yesterday, when Sysco… the very reliable food service distributor. They bought Jetro, this terrific wholesale supplier where you can pick up just tons of food and save a lot of money in the process. Everyone who's starting out in the restaurant business know Jetro. It's fantastic. You always go there, by the way, if you're in a jam and I've been in a jam many times. Why would you be in a jam? Because it's an emergency. Don't have the right kind of food. You gotta go get shrimp, gotta go get steak. Otherwise, you have any larger regular food needs, you use Sysco. This deal is a one-two punch. If you were running Sysco and you saw that Jetro came up for sale, buying it would be a no-brainer. Everyone in the restaurant game knows that these two are the only real games in town, and to put them together is like white on rice. The Jetro shareholders will receive $21.6 billion in cash, 91.5 million in shares of Sysco for this match made in heaven. And what happened? Market ha
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SYY
News
- Sysco (SYY) had its price target lowered by UBS Group AG from $95.00 to $90.00. They now have a "buy" rating on the stock.MarketBeat
- Sysco (SYY) had its price target lowered by Guggenheim from $95.00 to $90.00. They now have a "buy" rating on the stock.MarketBeat
- Citi Lowers Sysco (SYY) Target Despite “Accretive” Deal Outlook [Yahoo! Finance]Yahoo! Finance
- Sysco: Jetro Restaurant Depot Acquisition Is A Long-Term Win [Seeking Alpha]Seeking Alpha
- Sysco (SYY) was downgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "buy (b-)" to "hold (c+)".MarketBeat
SYY
Earnings
- 1/27/26 - Beat
SYY
Sec Filings
- 4/2/26 - Form 8-K
- 4/2/26 - Form 4
- 4/2/26 - Form 425
- SYY's page on the SEC website