Sysco Corp (WBO:SYY)
€ 68.94 -0.26 (-0.38%) Market Cap: 34.05 Bil Enterprise Value: 45.71 Bil PE Ratio: 19.38 PB Ratio: 16.77 GF Score: 91/100

Sysco Corp at Barclays Global Consumer Staples Conference (Virtual) Transcript

Sep 09, 2021 / 02:00PM GMT
Release Date Price: €64.34
Jeffrey Andrew Bernstein
Barclays Bank PLC, Research Division - Director & Senior Equity Research Analyst

Good morning. My name is Jeff Bernstein, and I am the restaurant and foodservice distribution analyst at Barclays. Thanks for joining us, day 2 at our Barclays Global Consumer Staples Conference, also known as our back-to-school conference.

I am pleased to introduce our next presenting company, Sysco Corporation. With us this morning from Houston, Texas, we have Kevin Hourican, President and CEO; Aaron Alt, EVP and CFO; and Neil Russell, SVP, Corporate Affairs and Chief Communications Officer. I will lead a fireside chat this morning with Sysco management.

By way of background, for those not familiar, Sysco is the global leader in selling, marketing and distributing food products to the restaurants I cover as well as many others. Globally, Sysco serves over 650,000 customer locations from over 340 distribution facilities, most recently generating over $51 billion in sales in the most recent fiscal year. And with the June fiscal year-end, Sysco completed fiscal '21 a couple of

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