Sysco Corporation (SYY): Ready, Set, Goals!

A company that sets and achieves goals is a company for me.

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SYY (Sysco Corporation, $72.83) is one of America’s leading foodservice distributor. Found in the “Consumer Defensive” sector on the NYSE, this powerhouse controls more than 17%, approx. $300 billion in its market. From servicing educational facilities to hospitals, the company stays on top by staying committed to one of the things they see most important, goals.

(Even Jim Cramer has his own humble opinion on SYY)

SYY has consistently created and completed their goals and keep a 3-year plan to hold themselves accountable to. This year they have a plan to finish strong with only three goals in mind:

  • “Enriching the Customer Experience,”
  • “Delivering Operational Excellence,”
  • “Optimizing the Business and Activating the Power of Our People.”

Improving the company from the inside out, the company also set strong goals for the year 2020:

  1. Sales growth of increased 4% or 4.5%.
  2. Adjusted income growth of 9%.
  3. Adjusted net earnings of 9%.
  4. Adjusted diluted earnings per share in the range of $3.40 to $3.50, and an increase of approximately 12%.
  5. Reaching $600 million to $700 million of adjusted operating expenses.
  6. Achieving 16% in adjusted return on invested capital for existing businesses.

SYY is prepared to carry through with the action of accelerating locally managed customer case growth and driving leverage between the growth of gross profit and expense growth.

So Far…

SYY’s achieved $0.94 quarterly earnings (pers hare) from analysts estimates of $0.72 per share last year. Revenue growth grew to $15.32 billion for the quarter ending in July of 2018 and sales increased by 6.1%. The company has now passed consensus EPS estimates three times, great stuff SYY.

Related: Alibaba Group Holdings LTD: Ther International Powerhouse

Many investors compare SYY to other stocks such as KR (The Kroger Corp.), UNFI (United Natural Foods Inc.), CORE (Core-Mark Holding Co., Inc), or SVU (SUPERVALU Inc.). However, investors enjoy investing in SYY for their history of consistent dividends cash payments- recent cash payment amount was $0.36 cents, effective date 10/4/2018)

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Information Attained:

Nasdaq.com,SEC.gov,MSN.com/Money,Zach’s Equity Research

Know Your CEOs: Who is Adena Friedman?

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The Christian Investor: Time To Be A Leader

If you want to be a leader or you’re already placed in a leadership role, take action and always be ready to serve people in the best way possible. There are many readings you can find in the bible about people taking leadership roles and how God helped them in a difficult situation. But there is a big difference in managing people and leading people. Five signs of successful leadership qualities are:

  • Generosity
  • Being Likable
  • Remembering everyone’s name
  • Showing others that you genuinely care
  • Focusing on people and looking at them in the eye when they are talking

Being a leader takes courage, discipline, and determination. You have the responsibility to serve others before you serve yourself. As is says in Galatians 6:9,

Let us not become weary in doing good, for at the proper time we will reap a harvest if we do not give up.

Perhaps you’re not a CEO of a large corporation or manager of a firm, but God may want you to take a leadership role amongst your friends. As you draw closer to God this week, ask him in what ways you can have better leadership skills and how you can be a godly influence on others.

Do nothing out of selfish ambition or vain conceit. Rather, in humility value other above yourselves. – Philippians 2:3

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