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The International Foodservice Distributors Association estimates that food service distributors in the U.S., as a daily average, deliver approximately 27 million cases of food and other products. [2] Food service distribution companies can range in size from a one-truck operation to larger corporations.
Sysco Corporation (short for Systems and Services Company) is an American multinational corporation involved in marketing and distributing food products, smallwares, kitchen equipment and tabletop items to restaurants, healthcare and educational facilities, hospitality businesses like hotels and inns, and wholesale to other companies that provide foodservice (like Aramark and Sodexo).
Pages in category "Catering and food service companies of the United States" The following 42 pages are in this category, out of 42 total. This list may not reflect recent changes .
Sysco paid 8.8 times enterprise value to EBITDA for US Foods. This is a fairly conservative valuation considering how some other food companies trade. Bottom line: The US Foods acquisition makes sense
Suppliers, the big branded-food manufacturers, have strong bargaining power, as they are large and concentrated relative to a more fragmented supplier base. The This Food Distributor Is a Good ...
Sysco's earnings per share decreased 4.1% and revenue rose 4.1% year-over-year, as the restaurant industry's difficulties continued. Gross profit rose 0.7% to $1.97 billion, despite Sysco's gross ...
In 1897, Isaac Van Westenbrugge, a 23-year-old Dutch immigrant, started a butter-and-egg delivery service using a horse-drawn cart and $300 borrowed from his brother. In 1916, Ben Gordon joined the company and later married Van Westenbrugge's daughter, Ruth. In 1942, Ben and his brother Frank renamed the company Gordon Food Service. [5]
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