Sysco Archives

SYSCO Sales Up 7.4% in Fiscal 2007

SYSCO Corporation, Houston, TX, reported sales increased 8.5% to $9.23 billion in the fourth quarter ended June 30, 2007. Sales for fiscal 2007 increased 7.4% to $35.04 billion.
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Profit was $303.4 million in the fourth quarter, compared with $254.1 million in the prior-year period. In fiscal 2007, profit was $1 billion, compared with $855.3 million in the prior fiscal year, an increase of 17%.

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August 13, 2007

Companies

SYSCO Expands to Hong Kong

SYSCO Corporation, Houston, TX, foodservice marketer and distributor, announced its subsidiary for personal care amenities and other hotel operating supplies, Guest Supply, LLC, has acquired Austin Tatum, a personal care amenity company headquartered in Hong Kong.

The acquisition of Austin Tatum represents an important step for Guest Supply’s and SYSCO’s expansion into the international market,” said Richard J. Schnieders, SYSCO’s chairman and CEO. “With a local presence and infrastructure in place, Guest Supply will now be in a position to better service the Asian properties of its U.S.-based clients as well as increase its Asian client base and the number of product categories it sells in Asia.”
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SYSCO distributes food products to restaurants, healthcare and …

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July 10, 2007

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