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Stock #5: Sysco Corp. (SYY)
Sysco Corp. (SYY) is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers that prepare meals away from home. It provides not only the ingredients used to prepare the meals, but also preparation and serving items.
Today, the company has about 400,000 customers, and it operates in over 170 locations in the United States and Canada.
Sysco boasts an industry-leading 15% of the highly fragmented $225 billion foodservice and hotel amenity market. For the fiscal year 2008, Sysco had $37.5 billion in sales.
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