Sysco is the largest food distributor in the U.S. and globally, serving roughly 730,000 customer locations — primarily restaurants (~60% of sales), with the rest split among education, healthcare, government, and other institutional customers. Sysco's core business is broadline distribution: it warehouses and delivers a full range of food and non-food products (meats, produce, dairy, dry goods, paper goods, cleaning supplies, kitchen equipment) to customers that lack the scale to source directly from manufacturers. Beyond broadline, Sysco operates specialty platforms including FreshPoint (produce), Buckhead/Newport (proteins), Greco & Sons (Italian specialty), and Edward Don (equipment). Sysco makes money on the spread between supplier costs and customer prices. Key profit drivers include case volume, product mix (local independent restaurant customers and Sysco-branded private label products carry higher margins than national chain customers and branded goods), and operating leverage across its delivery fleet and warehouse network. Sysco sells through a direct street sales force targeting local independent restaurants and through dedicated account teams for large national chains. Sysco-branded products account for roughly half of cases sold to local customers and carry materially higher margins. Sysco reports three segments: U.S. Foodservice (~70% of sales), International Foodservice (~20%), and SYGMA (~10%), which serves QSR chains. Sysco returns substantially all free cash flow to shareholders and has grown its dividend for 56 consecutive years.