HOUSTON, March 3, 2020 (GLOBE NEWSWIRE) – Sysco Corporation (NYSE: SYY), the world leader in food service distribution, today celebrated the 50th anniversary of its creation as a public company. Several corporate associates from around the world joined the New York Stock Exchange opening bell celebrations after winning an all-expenses-paid trip to New York.
From its humble beginnings that brought together nine food retailers under the vision of founder John Baugh until today, Sysco is a global Fortune 100 company that has paid shareholders a dividend every quarter since his creation. As its operations, services and products have grown, the underlying principles on which the company was founded have remained consistent in serving customers with integrity.
Syscos' global leadership for the past 50 years has been nurtured by our talented and dedicated partners who have worked with special care to put our customers first, said Kevin Hourican, President and Chief Executive Officer of Syscos. As we look to the future, we will continue to focus relentlessly on the customer while continuing to seek operational excellence and identify new savings to fund innovation in innovation. ; business and accelerate our growth.
Throughout its history, Sysco has also accelerated its corporate social responsibility (CSR) initiatives with its bold goals of CSR 2025 aimed at providing a better future by caring for people, sourcing products responsibly and protecting the planet. These targets for 2025 include donating 200 million meals to local communities, feeding 20% of its truck fleet with alternative fuels, expanding its sustainable agriculture program and doubling the availability of Sysco brand organic products.
Sysco is the world leader in the sale, marketing and distribution of food products in restaurants, healthcare and educational establishments, accommodation establishments and other customers who prepare meals outside of at their home. Its product family also includes equipment and supplies for the restaurant and hotel industries. With more than 69,000 associates, the company operates more than 320 distribution sites worldwide and serves more than 650,000 customer sites. For fiscal 2019, which ended June 29, 2019, the company generated sales of more than $ 60 billion. Information on our CSR program, including the 2019 Syscos report on corporate social responsibility, is available at www.sysco.com/csr2019report.
For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporationor Twitter at https://twitter.com/Sysco. For important news and information about Sysco, visit the Investor Relations section of the company's home page at investors.sysco.com, which Sysco plans to use as its primary publication channel. key information for its investors, some of which may contain material and information. previously non-public information. Investors should also follow us on www.twitter.com/SyscoStockand download the Sysco IR app, available from the iTunes app store and Google Play Market. In addition, investors should continue to review our press releases and filings with the SEC. The information we disclose through one of these distribution channels may be considered important information.
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