Sysco announced it will acquire Jetro Restaurant Depot for about $29.1 billion in cash and stock, creating a combined foodservice giant with nearly $100 billion in annual revenue. The transaction, ...

Sysco is building a higher-margin, multi-channel distribution leader via the Jetro deal, with strong long-term upside despite near-term leverage risks.

Q3 fiscal 2026 Management View “Sysco delivered strong results in the third quarter of fiscal 2026,” and results were “enabled by improving case volume trends, strengthening gross margin performance ...

A reclusive mogul stands to pocket as much as $22 billion from the deal, landing him a spot as one of the world’s 200 richest people.

Independent operators were shaken when the broadline distributor announced a $29 billion acquisition of the cash-and-carry ...

The MarketWatch News Department was not involved in the creation of this content. Transaction Combines Two Complementary Food-Away-From-Home Industry Leaders to Create Preeminent U.S. Multi-Channel ...

By Neil J Kanatt and Abigail Summerville March 30 (Reuters) - Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29 billion deal expanding the top U.S. food distributor's ...

Based on Sysco’ s closing share price of $81.80 as of March 27, 2026, this represents a total enterprise value of approximately $29.1 billion, or 14.6 x Jetro Restaurant Depot’ s Operating Income. 1.

Under the terms of the acquisition unveiled Monday, Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares. A total deal value of $29.1 billion, including debt, ...

Combined Company Will Be More Profitable and Return More Value to Shareholders Combined Company to Enhance Value for Small Businesses and the Consumers They Serve by Expanding Access to More ...

HOUSTON and WHITESTONE, N.Y., March 30, 2026 (GLOBE NEWSWIRE)-- Sysco (NYSE:SYY) (“Sysco” or the “Company”) and Jetro Restaurant Depot, the nation’s premier Cash & Carry food wholesaler, jointly ...