Viewing a single comment thread. View all comments

adamjackson1984 t1_ir5kjcu wrote

Sysco is HUGE. Their 2021 annual investors report said this:

>We estimate that we serve about 17% of the approximately $230 billion annual foodservice market in the U.S., as estimated by Technomic, Inc., for calendar year 2020. Technomic projects the market size to increase to approximately $285 billion by the end of calendar 2021. We also serve certain international geographies that vary in size and amount of market share. We believe, based upon industry trade data, that our sales to the U.S. and Canada food-away- from-home industry were the highest of any foodservice distributor during fiscal 2021. While comprehensive industry statistics are not available, we believe that, in most instances, our operations in the U.S. and Canada are among the leading distributors of food and related non-food products to foodservice customers in those trading areas. We believe our competitive advantages include our sales consultants; our diversified product base, which includes quality-assured Sysco brand products; our service reliability; the ancillary services we provide to our customers, such as business reviews and menu analysis; and our multi-regional presence in North America and Europe, combined with a large geographical footprint of multi-temperature warehouses, which mitigates some of the impact of regional economic declines that may occur over time.

Feeding 17% of Americans and likely 30-40% of New England (there are regional strong players) is massive. This is not just a couple of restaurants and school cafeterias. Food sitting in warehouses and not being delivered to restaurants will impact all of us. I'm not saying the workers shouldn't strike but the regional delivery drivers who pick and deliver the food will cripple a lot of restaurants who need to find the same ingredients at the same price point from other suppliers just to build their core menus.

23