Sysco Corporation Reports Strong Q2 Results

Sysco Corporation today announced its financial results for the second quarter, ending December 28, 2024, showing robust growth across key metrics.

Sales increased by 4.5%, reaching $20.2 billion, while gross profit rose by 3.9% to $3.7 billion, reflecting solid performance across the business.

The company met analysts' expectations for the quarter, driven by strong top- and bottom-line growth. International operations, in particular, delivered exceptional results, with operating income rising by 14.5% and adjusted operating income increasing by 26.5%.

"Second quarter results included improvements across the company's core financial drivers... 

Sysco and Teamsters Face Off in Houston: Strike Looms as Contract Deadline Nears

The International Brotherhood of Teamsters (IBT) have threatened strikes across multiple states if their demands are not met with foodservice distribution giant Sysco and other major food distributors and retailers.

The most pressing issue between the two sides is focused in the Houston area as the contract between IBT’s Teamsters Local 988, which represents truck drivers in the city, is preparing to strike if it cannot reach a new contract agreement with Sysco Houston before the current deal expires on January 17...

Teamsters at Sysco Houston Authorize Strike

Over 430 drivers, warehouse workers, and mechanics represented by Teamsters Local 988 have voted overwhelmingly to authorize a strike after Sysco failed to present an acceptable contract offer.

"Nothing our members are demanding is unreasonable," said Robert Mele, President of Local 988. "These workers want what everyone in this country deserves: fair wages, quality health care, and a secure retirement. If Sysco refuses to get serious at the bargaining table, we are ready to hold them accountable for their greed."

The Teamsters represent more than 10,000 workers at Sysco...