Reported 2 days ago
Sysco Corporation has been highlighted in Oakmark Global Fund's Q1 2025 investor letter, noting its position as a leading food service distribution company. Despite facing a slowdown in growth, particularly among independent restaurants, the fund expresses optimism that changes in Sysco's salesforce will reinvigorate growth. With recent quarterly revenue showing a 4.5% increase compared to the previous year, the fund believes in Sysco's potential as a quality investment, even as they acknowledge greater promise in AI stocks for higher returns.
Source: YAHOO