You call to make reservations at that new and trendy restaurant. Can you guess who the restaurant called prior to opening its doors? Chances are the first call it made was to Sysco Corporation (NYSE: SYY).
Sysco's by far and away the leading provider of food to the restaurant industry. The company has an 18% share in a $235 billion dollar industry in the U.S., Canada and Ireland.
Sysco provides the restaurateur everything he needs – from high-quality chef ingredients to Styrofoam cups. It serves more than 400,000 customers and has over 180 distribution centers.
Shareholders have been rewarded by Sysco's fine execution of its business plan as it breaks above new multi-year highs.
However, there is something strange afoot.