Sysco Corporation Honors 2019 Top Suppliers and Names McCormick US Branded Flavor Solutions Supplier of the Year
HOUSTON, Nov. 08, 2019 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, is honoring supplier partners at its annual Supplier Excellence Awards event, a program that recognizes the commitment, support and partnership of suppliers who best deliver Sysco’s vision of being our customers’ most valued and trusted business partner.
The 2019 award recipients were selected based on sales growth, leadership, innovation, operational excellence and other key business performance criteria. “Sysco has a long-standing tradition of recognizing our top suppliers for their commitment to helping us deliver great products to our customers with exceptional service,” said Brian Todd, Sysco’s senior vice president of merchandising and marketing. “We keep the customer at the center of everything we do and work hard with our supplier partners to improve the overall customer experience.”McCormick US Branded Flavor Solutions was honored as Supplier of the Year for the highest level of performance in areas such as sales growth, innovation, service level and overall support of Sysco and its customers.The Core Group was awarded Broker of the Year for high-level performance in the areas of case growth, as well as the overall high-level support of Sysco operating companies and customers through its Sysco-dedicated team.The complete list of 2019 Top Supplier Awards (not in ranked order):Gold Supplier Award recipients:Additionally, several Gold-level specialty category award winners were named, including:• Supply Chain Partner Award – Alpha Baking Company• CSR Partner Award – FreshFry LLC• Cutting Edge Solution Award for Innovation – Oggi Foods Inc.• Emerging Supplier Award – Red Bull North America, Inc.• Heritage Award for Diversity – Sweet Street• Other Heritage Award winners include:Silver Heritage Award for Diversity – The Fishin’ CompanyBronze Heritage Award for Diversity – Yangs 5th TasteSilver Supplier Award recipients:Bronze Supplier Award recipients:About SyscoSysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 69,000 associates, the company operates more than 320 distribution facilities worldwide and serves more than 650,000 customer locations. For fiscal 2019 that ended June 29, 2019, the company generated sales of more than $60 billion. Information about our CSR program, including Sysco’s 2019 Corporate Social Responsibility Report, can be found at www.sysco.com/csr2019report.For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporation or Twitter at https://twitter.com/Sysco. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. Investors should also follow us at www.twitter.com/SyscoStock and download the Sysco IR App, available on the iTunes App Store and the Google Play Market. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.Forward-Looking StatementsStatements made in this press release that look forward in time or that express management’s beliefs, expectations or hopes are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions that may cause actual results to differ materially from current expectations, including but not limited to the possibility that certain assumptions with respect to J. Kings Food Service Professionals or the transaction could prove to be inaccurate; the failure to receive, delays in the receipt of, or unacceptable or burdensome conditions imposed in connection with, all required regulatory approvals and the satisfaction of the closing conditions to the transaction; the potential failure to retain key employees as a result of the proposed transaction or during integration of the businesses and disruptions resulting from the proposed transaction, making it more difficult to maintain business relationships; the effect of the announcement of the transaction on our customers, vendors, lenders, operating results and businesses generally; and the general risks associated with our business, including the risks of interruption of supplies due to lack of long-term contracts, severe weather, crop conditions, work stoppages, intense competition, technology disruptions, dependence on large, long-term regional and national customers, inflation risks, the impact of fuel prices, adverse publicity, labor issues, political or financial instability, trade restrictions, tariffs, currency exchange rates, transport capacity and costs and other factors relating to foreign trade, any or all of which could delay our receipt of product or increase our input costs. For a discussion of additional factors impacting Sysco’s business, see our Annual Report on Form 10-K for the year ended June 30, 2018, as filed with the SEC, and our subsequent filings with the SEC, including our Quarterly Report on Form 10‑Q for the third quarter of fiscal 2019. We do not undertake to update our forward-looking statements, except as required by applicable law.For more information contact:Rachel Lee