Latest In Grocery & Foodservice Distribution
Company reports loss of $9.8 million for the quarter.
Year-to-date sales decreased 4.3 percent year-over-year.
CEO: Divestment to help company "build on core strengths."
Acquisition strengthens company's presence in the in-flight connectivity sector.
Alan Tomblin will start his role as president & CEO on Nov. 1.
Sales also increase 10 percent to $13.6 billion in fourth quarter.
Wholesale and retail sales decreased, while Save-A-Lot sales increased.
Year-to-date sales up 5.7 percent year-over-year.
Company to expand wholesale business with acquisitions in four states.
Supplies on the Fly is an e-commerce platform exclusively serving Sysco customers.
Summit Partners to remain significant investor in distributor.
Acquisition will strengthen company's interconnect products business.
Titus Ball to succeed Kevin Zdimal as chief accounting officer.
Profit increases 73.9 percent during the quarter.
