Sysco Corporation · NYSE:SYY

Sysco — Jefferies 2016 Consumer Conference

16 slides from Sysco's conference presentation, Jun 22, 2016

  1. Slide 1: Jefferies 2016 Consumer Conference

    Jefferies 2016 Consumer Conference June 22, 2016

  2. 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 the

  3. Slide 3: Agenda

    Agenda I. Business and Strategic Overview II. Recent Performance JEFFERIES 2016 CONSUMER CONFERENCE 06.22.16 PAGE 3 © 2016 All Rights Reserved. Sysco Corporation.

  4. Slide 4: Business and Strategic Overview

    Business and Strategic Overview Jefferies 2016 Consumer Conference – Tom Bené June 22, 2016

  5. Slide 5: Our Vision

    Our Vision JEFFERIES 2016 CONSUMER CONFERENCE 06.22.16 PAGE 5 © 2016 All Rights Reserved. Sysco Corporation.

  6. Slide 6: Industry leader in a $268 billion U.S. market

    Industry leader in a $268 billion U.S. market US foodservice market size Growth forecasted across all segments (excluding alcohol) Top Forecasted $B; nominal growth 2015 forecasted top Segments 2015-20 Real distributor sales1 ($B) CAGR (Percent) $268 Restaurants 3.6% LSR 80 2.6% CAGR $256 $247 $239

  7. Slide 7: Our Business segments and geography are diverse

    Our Business segments and geography are diverse  Serves both local and CMU customers U.S. Broadline  Strong local relationships Specialty  Enhanced/differentiated product portfolio Companies  Provide expertise and service  Customized distribution services for large SYGMA national chain restaura

  8. Slide 8: Brakes overview

    Brakes overview  Founded in 1958  Europe’s Leading Foodservice Provider  Over 50,000 foodservice customers  Supplier of over 50,000 products, including 4,000 branded items  Growing market positions in the UK, France and Sweden Rationale for the deal  Led by exceptional management team and appr

  9. Slide 9: Our three-year strategic plan (2015-2018)

    Our three-year strategic plan (2015-2018) Financial Objectives To Be Our Customers’ Most Valued and Trusted Business Partner Leverage •Improve Grow Gross Reduce Operating operating income Profit Supply Chain Administrative Costs Income by at least Costs $500M • Accelerate local case growth • Improve

  10. Slide 10: Recent Performance

    Recent Performance Jefferies 2016 Consumer Conference – Joel Grade June 22, 2016

  11. Slide 11: Sysco – Performance update

    Sysco – Performance update Fiscal 2016 Q3 YTD • Total Broadline case growth +3.3% Adjusted1 Reported YOY % YOY % $MM, except per share data Q3YTD16 Q3YTD16 Change Change Sales $36,719 1.2% $36,719 1.2% Gross Profit $6,538 3.3% $6,538 3.3% Operating Expense $5,157 2.1% $5,234 0.2% Operating Income $1

  12. Slide 12: Financial impact of strategic plan & progress

    Financial impact of strategic plan & progress Plan for FY2018 Progress / Updated Plan (as of Fall 2015)  Two years of local case growth Grow gross profit  Improved gross margins (+35 bps in 3Q16; 4 consecutive quarters of growth) Leverage supply chain costs  Improved overall service level  Impro

  13. Slide 13: Appendix

    Appendix Jefferies 2016 Consumer Conference June 22, 2016

  14. Slide 14: Impact of Certain Items – 3QYTD16

    Impact of Certain Items – 3QYTD16 Sysco Corporation and its Consolidated Subsidiaries Non-GAAP Reconciliation (Unaudited) Impact of Certain Items (In Thousands, Except for Share and Per Share Data) 39-Week 39-Week 39-Week 39-Week Period Ended Period Ended Period Change Period Mar. 26, 2016 Mar. 28,

  15. Slide 15: Free Cash Flow

    Free Cash Flow Sysco Corporation and its Consolidated Subsidiaries Non-GAAP Reconciliation (Unaudited) Free Cash Flow and Adjusted Free Cash Flow (In Thousands) Free cash flow represents net cash provided from operating activities less purchases of plant and equipment and includes proceeds from sale

  16. Slide 16: PAGE 16

    PAGE 16 © 2016 All Rights Reserved. Sysco Corporation.

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