A History of Growing our Business
Our sales have increased nearly every year for the past four decades. Since our formation, we have grown from $115 million to $46 billion in annual sales in Fiscal Year 2014, both through expansion of existing operations and acquisitions.
Sysco started primarily as a distributor of grocery and frozen items. Over the years, we've expanded our capabilities by acquiring more than 175 businesses and forming new segments of our company – all in the interest of bringing greater value and service to our customers.
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A Strong Balance Sheet
Our ability to generate strong cash flow and prudently manage debt enables us to continue to invest in our business and create shareholder value.
Sysco has paid quarterly cash dividends on its common stock since our founding as a public company in 1970. Since that time, we have increased the dividend 46 times. See Sysco’s dividend history.
Significant Market Potential
Sysco's core markets include business in the United States, Canada, the Bahamas and Ireland, with total industry sales of approximately $265 billion.