Sysco Corporation · NYSE:SYY
Sysco — Barclays Global Consumer Staples Conference 2020
10 slides from Sysco's conference presentation, Sep 10, 2020
Slide 1: Barclays Global Consumer Staples Conference 2020
Barclays Global Consumer Staples Conference 2020 September 10
Slide 2: Forward Looking Statements
Forward Looking Statements Statements made in this presentation that look forward in time or that express management’s beliefs, expectations or hopes are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward- looking statements reflect th
Slide 3: Kevin Hourican, President & CEO; Joel Grade, EVP & CFO
KEVIN HOURICAN JOEL GRADE President & CEO EVP & CFO
Slide 4: Customer Sentiment Reflected in Food-Away-From-Home Has Been Improving
Customer Sentiment Reflected in Food-Away-From- Home Has Been Improving Food-Away-From-Home Spend Foot Traffic at Grocery vs. % vs. Food-At-Home Spend % Restaurants 75.0% 80% 70.0% 70% 65.0% 60% 60.0% 50% 55.0% 50.0% 40% 45.0% 30% 40.0% 20% 35.0% 10% 30.0% 25.0% 0% 6-Apr 20-Apr 27-Apr 4-May 11-May 1
Slide 5: Sysco's Business Recovery Continues to Improve
Sysco’s Business Recovery Continues to Improve Demand recovery will differ by business Total Sysco Weekly Sales segment as restrictions ease Food-at-home-fatigue and expanding restaurant capacity represent catalysts for sustained business recovery Steady week-over-week sales improvement Remain confi
Slide 6: Business Performance Will Be Impacted by Several Factors
Business Performance Will Be Impacted by Several Factors Macro- Environment Sysco In-Restaurant Dining Supporting Our Customers Economic Landscape Business Transformation COVID Therapeutics and Vaccine Improving Digital Capabilities Election Related Volatility Cost Savings/Investments for Growth Sti
Slide 7: In the Initial Phase of Recovery, Sysco Is Focused On… Strengthening Overall Liquidity
In the Initial Phase of Recovery, Sysco Is Focused On… Strengthening Overall Liquidity Stabilizing our Business Creating New Sources of Revenue Transforming our Business 7
Slide 8: …And We Are Now Leveraging the Crisis to Prioritize Our Transformation
…And We Are Now Leveraging the Crisis to Prioritize Our Transformation Accelerate Digital Sales and Volume Growth Platforms Sales Transformation Sales and Volume Growth Regionalization Enabler of Growth Structural Cost Out Expense Reduction While simultaneously defining our long-term growth strategy
Slide 9: Sysco's Important Accomplishments Over the Past 90 Days
Sysco’s Important Accomplishments Over the Past 90 Days $1 Billion In Annualized New Business $350 Million in Annualized Structural Cost Savings Profitable FY20 Operating Income Exit Rate Positive Cash Flow 900 Basis Point Increase in Net Promoter Score (NPS) 16,000 Marketplace Stores Rate of Custom
Slide 10: Sysco: At the heart of food and service
S$/sco At the heart of food and service
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