Sysco Corporation reported a step forward in a previously announced merger transaction, saying that on July 1, 2026, New Slider Holdco, Inc., a Delaware corporation and wholly owned subsidiary of Sysco, filed a registration statement on Form S-4 in connection with transactions contemplated by a merger agreement dated March 30, 2026. The merger agreement involves Sysco, New Slider Holdco, JRD Unico, Inc., Warehouse Realty, LLC, Slider Merger Sub 1, Inc., Slider Merger Sub 2, Inc., Slider Merger Sub 3, LLC, and a holder representative acting solely in that representative capacity. The filing does not provide share counts, exchange ratios, cash consideration, purchase price, or closing conditions for the transaction, but it identifies the S-4 as tied directly to the proposed merger structure. The Form S-4 includes a preliminary prospectus for New Slider Holdco common stock, par value $1.00 per share. Those shares are expected to be issued to Sysco shareholders in connection with the transactions contemplated by the March 30 merger agreement. The registration statement has not yet been declared effective by the SEC, meaning the securities covered by the prospectus cannot yet be issued under an effective registration statement. Sysco emphasized that the current report is not an offer to sell or a solicitation to buy securities, nor a solicitation of any vote or approval. Any securities offering would be made only through a prospectus meeting Securities Act requirements. The company also urged Sysco investors and security holders to read the definitive prospectus and related transaction documents when available because they will contain important information about the proposed transaction. The 8-K was reported under Item 8.01, “Other Events,” and was signed on July 1, 2026, by Andrew Wurdack, Sysco’s Vice President, Securities and Corporate Governance & Assistant Secretary. The filing does not report insider trading, option exercises, equity awards, transaction codes, vesting terms, or post-transaction beneficial ownership figures; its significance is that Sysco has advanced the registration process for issuing New Slider Holdco shares as part of the contemplated merger transaction.
Stock detail
Sysco Corporation (SYY) stock price, chart, and key data
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Stock detail
Sysco Corporation
SYY · XNYS
+$0.53 (+0.64%) past day
$82.86
Overnight $82.25 (-0.74%)
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Dividend
Past Dividend Performance
$0.54
$0.54
$0.55
Annual Dividend Yield
2.66%
Dividend
$0.55 / Stock
Frequency
Quarterly Payment
Day range
$80.64 - $83.42
Close price
$81.73
Market cap
$39.1B
P/E ratio
23.02
About the company
Sysco Corporation
Sysco is an American multinational corporation that sells, markets, and distributes food products to restaurants, healthcare and educational facilities, sports stadiums, and other venues that serve food. It also sells foodservice supplies and equipment. The company is headquartered in the Energy Corridor district of Houston, Texas. Sysco was founded in 1969 by Herbert Irving, John F. Baugh, and Harry Rosenthal. The company became public on March 3, 1970. Sysco is the world's largest broadline food distributor. As of June 2024, the company has approximately 76,000 employees and serves 730,000 customer locations. It operates 340 distribution centers in 10 countries. In 2019 Sysco entered the UK market by purchasing Brakes and forming Sysco GB. Fortune magazine has consistently included Sysco in its annual Fortune 500 rankings of the largest companies in the United States based on total revenue. In 2024, Sysco placed 54th in these rankings.
Analyst rating summary
A current read on analyst sentiment from the insight feed.
Mean target
$88.40
6
Buy
/ 12
Recent calls
07/15/2026
Bernstein
Danilo Gargiulo
Hold · Price target $85.00
07/15/2026
Morgan Stanley
Brian Harbour
Hold · Price target $88.00
07/14/2026
Wells Fargo
Edward Kelly
Buy · Price target $100
Ticker holders
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Holder directory
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#1Ro Khanna
democrat · House · CA-17
- Sell$1,000 / $8,000 / $15,000
- Sell$1,000 / $8,000 / $15,000
#2Earl Blumenauer
democrat · House · OR-3
#3Ro Khanna
democrat · House · CA-17
- Sell$1,000 / $8,000 / $15,000
- Buy$1,000 / $8,000 / $15,000
- Buy$1,001 / $8,001 / $15,000
- Sell$1,000 / $8,000 / $15,000
#4Kathy Manning
democrat · House · NC-6
#5Donald J Trump
republican · Executive
#6Gilbert Cisneros
democrat · House · CA-31
- Sell$1,001 / $8,001 / $15,000
#7Lisa McClain
republican · House · MI-9
- Sell$1,001 / $8,001 / $15,000
- Sell$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
#8Jefferson Shreve
republican · House · IN-6
Market action
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