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This edit request by an editor with a conflict of interest has now been answered. |
Hello! I'm a Sysco employee with a conflict of interest, so I'm using the edit request system to ask for updates to the article.
I noticed that the financial and employee figures in the infobox are from 2017. I've got the company's FY 2023 information, via our latest 10-K. They are as follows:
References
If someone could update the infobox with these new figures, I'd very much appreciate it. Cheers! KM at Sysco (talk) 19:14, 27 February 2024 (UTC)
I want sell a paneer 2409:40C1:5D:7D43:88F3:95FF:FECC:63CE (talk) 04:48, 28 March 2024 (UTC)
The user below has a request that an edit be made to Sysco. That user has an actual or apparent conflict of interest. The requested edits backlog is high. Please be very patient. There are currently 151 requests waiting for review. Please read the instructions for the parameters used by this template for accepting and declining them, and review the request below and make the edit if it is well sourced, neutral, and follows other Wikipedia guidelines and policies. |
Hello! I noticed the History section isn't in great shape. It lacks information about the company before 1980 and doesn't have many citations. I've composed a new section draft that, among other things:
Here is my section draft, with complete references:
History draft
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Founding and early history[edit]In 1966, Zero Foods owner John Baugh initiated discussions with the leaders of eight other food distribution companies about the prospect of forming one large corporation.[1] The nine companies agreed to terms and formed Sysco in May of 1969. At the time of the merger, the total sales of the nine companies were approximately $115 million.[2] In March 1970, Sysco held its initial public offering.[3] Sysco made its first acquisition in 1970, purchasing Arrow Foods Distributor.[4] Between 1970 and 1980, the company continued to grow through the acquisition of 25 small food distributors.[5] It also expanded its trucking fleet and constructed refrigerated warehouses for food storage.[2] In 1980, Sysco recorded $1.2 billion in annual revenue. The following year, it moved its stock from the American Stock Exchange to the New York Stock Exchange.[5] In 1985, Sysco was described in a New York Times report as "the nation's leading food service marketing and distribution company."[6] Acquisitions and expansion[edit]In 1988, Sysco achieved nationwide coverage through its acquisition of the food distributor CFS Continental.[7] By 1996, Sysco was the third-largest company in Houston and had over 30,000 employees.[8] Sysco acquired Newport Meat in 1999, which at the time had sales of approximately $100 million per year. This was the company's first acquisition of a California company.[9] Between 1995 and 2000, Sysco's annual sales increased from $12 billion to $19 billion.[7] In 2002, Sysco expanded into the Canadian market by purchasing SERCA Foodservices for $278 million.[10] The following year, it acquired Asian Foods, which was then the largest Asian food distribution company in North America.[11][2] In 2009, Sysco made its first acquisition outside of North America, buying the Irish food distributor Pallas Foods.[12] In 2012, Sysco purchased the Irish company Crossgar Foodservice for an undisclosed amount.[13] On December 9, 2013, Sysco announced they were planning to acquire US Foods, their closest competitor, for a total of $3.5 billion.[14] However, on June 24, 2015, US Federal Judge Amit Mehta ruled that the combined Sysco-US Foods would control 75% of the U.S. food service industry and would stifle competition.[15] As a result, on June 29, 2015, Sysco terminated its merger with US Foods.[16] In February 2016, Sysco announced that it was purchasing the Brakes Group for $3.1 billion. At the time, Brakes was serving about 50,000 restaurants, hotels, and schools across Europe.[17] In May 2021, Sysco acquired Greco and Sons, a distributor of Italian specialty food products.[18] Later that year, Sysco purchased the fresh produce distributor The Coastal Companies for the purpose of supplementing both its fleet and its specialty produce business.[19] In May 2022, after a year of testing, Sysco committed to the purchase of Freightliner eCascadia electric trucks, with the goal of electrifying 35% of its U.S. fleet by 2030.[20] In October 2023, Sysco announced that it was purchasing Edward Don & Company, a food service supplies and equipment distributor.[21] This acquisition gave the company additional office and distribution space, as well as the ability to design and build kitchens for its customers.[22] References
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I know I'm putting forward quite a lot of text and references for editors to look through. Thanks so much to whoever takes the time to review. If there's any way I can help the process go more smoothly, please let me know. Cheers! KM at Sysco (talk) 20:41, 4 April 2024 (UTC)