Latest News Updates From Rachel Phua

BusinessPrivateTop 100

Sysco Says Consumer Woes Hamper Long-Term Outlook

Consumers are cutting back on restaurant spending as they cope with economic uncertainties, causing Sysco to forecast annual sales at the lower end of its target range, CEO Kevin Hourican said.

July 29, 2025
BusinessPrivateTop 100

Sysco Slashes Outlook as Wary Americans Tighten Budgets

Sysco Corp. lowered its outlook as weakening consumer confidence causes Americans to dine out less.

April 29, 2025