# Sysco

**Source:** https://geo.sig.ai/brands/sysco  
**Vertical:** Consumer Goods  
**Subcategory:** Enterprise  
**Tier:** Leader  
**Website:** sysco.com  
**Last Updated:** 2026-04-14

## Summary

Sysco (SYY) reported $78.8B revenue in FY2024, up 3% YoY. #1 US foodservice distributor. Serves 700,000+ restaurant/hospitality customers. ~72,000 employees. HQ: Houston, TX.

## Company Overview

Sysco Corporation is the world's largest foodservice distributor, headquartered in Houston, Texas. Founded in 1969, Sysco distributes food, kitchen equipment, supplies, and related products to restaurants, healthcare facilities, educational institutions, and hospitality businesses. The company reported revenues of $78.8B in fiscal year 2024 (ending June 2024), up 3% year-over-year, serving approximately 700,000 customer locations across North America, Europe, and emerging markets.

Sysco's business model is built on operating a vast distribution network — the company manages 340+ distribution facilities and a fleet of 13,000+ vehicles to deliver fresh produce, proteins, dairy, dry goods, frozen items, and non-food supplies. Customer types include independent and chain restaurants (~65% of revenue), healthcare (~10%), education (~5%), and lodging/other (~20%). Sysco's scale advantages enable it to negotiate better supplier pricing than smaller distributors, fund technology investments in ordering and logistics, and offer a broader product catalog including its owned brands (Sysco Brand, Imperial, and others).

Sysco trades on NYSE (SYY) with a market cap of approximately $35B and is a component of the S&P 500. CEO Kevin Hourican has focused on revenue management tools, supply chain efficiency, and expanding Sysco's specialty business (specialty produce, international foods). Primary competitors include US Foods and Performance Food Group (PFGC) in the US, and regional distributors globally.

## Frequently Asked Questions

### What is Sysco's annual revenue?
Sysco reported $78.8B in revenue for fiscal year 2024 (ending June 2024), up approximately 3% year-over-year, driven by case volume growth and price/mix improvements.

### What does Sysco do?
Sysco is the world's largest foodservice distributor. It sources, warehouses, and delivers food, beverages, and kitchen supplies to restaurants, hospitals, schools, hotels, and other foodservice operations.

### What is Sysco's stock ticker?
Sysco trades on NYSE under ticker SYY. It is a component of the S&P 500.

### Who are Sysco's main competitors?
Sysco's primary US competitors are US Foods (USFD) and Performance Food Group (PFGC). Together, the three control approximately 75% of the US broadline foodservice distribution market.

### How many customers does Sysco serve?
Sysco serves approximately 700,000 customer locations globally, primarily restaurants (65%), healthcare facilities, educational institutions, and hospitality businesses.

### How does Sysco's distribution model work?
Sysco operates 340+ distribution centers across North America, Europe, and emerging markets, using a hub-and-spoke network of large regional distribution centers and smaller local broadline facilities that can reach restaurants and institutions within defined delivery zones. The company manages 13,000+ refrigerated trucks running daily delivery routes to approximately 700,000 customer locations — delivering fresh produce, proteins, dairy, dry goods, frozen items, and non-food supplies on scheduled routes. Sysco uses advanced route optimization and demand forecasting to manage the perishable inventory risks inherent in food distribution, where unsold product represents direct waste.

### Who are Sysco's main customers?
Sysco's customer base is approximately 65% restaurants (both independent operators and chain restaurants), with the remaining 35% split across healthcare facilities (hospitals, nursing homes), educational institutions (school districts, universities), hospitality (hotels, casinos), sports and entertainment venues, and government cafeterias. Independent restaurants are a particularly important segment — unlike national chains that use direct procurement, independent operators rely on broadline distributors like Sysco for their supply chain. Sysco has approximately 250,000 independent restaurant customers who depend on the company for a significant portion of their food and supply procurement.

### What is Sysco's competitive position in food distribution?
Sysco is the undisputed leader in US foodservice distribution with approximately 17% market share, more than twice the size of its nearest competitor US Foods (USFD, approximately 9% share). The fragmented remainder of the market is served by Performance Food Group, regional broadline distributors, and specialty distributors (produce-only, protein-only). Sysco's scale advantages — buying power with food manufacturers, technology investment capacity, and logistics density — create durable competitive advantages that are difficult for regional competitors to replicate. The company has grown both organically and through acquisitions of regional distributors across North America and Europe.

## Tags

b2c, manufacturing, retailtech, public

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*