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Sysco To Buy Cash & Carry Firm Jetro Restaurant Depot; Backs Outlook, Pauses Buyback; Stock Down

Sysco To Buy Cash & Carry Firm Jetro Restaurant Depot; Backs Outlook, Pauses Buyback; Stock Down

Restaurant food distributor Sysco Corp. announced Monday its agreement to acquire Cash & Carry food wholesaler Jetro Restaurant Depot in a deal with a total enterprise value of approximately $29.1 billion. Further, Sysco maintained third-quarter and fiscal 2026 outlook. Sysco added that it is pausing its share repurchase program to prioritize rapid de-leveraging following the acquisition.
RTTNews | 165 منذ أيام
Frozen Shakes Sold To Care Facilities Recalled After Listeria Outbreak, Death

Frozen Shakes Sold To Care Facilities Recalled After Listeria Outbreak, Death

Frozen supplemental shakes under Lyons ReadyCare and Sysco Imperial brands sold to hospitals and long-term care facilities have been recalled following a multistate outbreak of Listeria monocytogenes, including deaths. Sysco Corp., Lyons Magnus LLC, and their third-party manufacturer Prairie Farms Dairy, Inc. have called back 4 oz. Lyons ReadyCare and Sysco Imperial Frozen Supplemental Shakes.
RTTNews | 564 منذ أيام