HIGHBuilt-inCustomer
60%
Restaurants
“10-K Item 1: 'Restaurants | 60 | %'”
SYY · Concentration risk · 10-K extracted
Sysco (SYY) concentration risks
Updated
The most significant concentration Sysco discloses is Restaurants at 60%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: Sysco’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH1
MEDIUM0
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration is a single, high-share customer-type exposure: restaurants represent the largest disclosed customer segment, with a high-share contribution to revenue. The source figure appears only in a pipe-delimited table fragment and is therefore described qualitatively rather than cited as a specific percentage. The concentration is structural in character — the company's business model as a broadline foodservice distributor is built around serving restaurant operators as the primary end-market, so the exposure reflects deliberate strategic positioning rather than dependence on any individual named customer. Because the concentration is structural, the relevant risk variables are those that affect the foodservice restaurant industry broadly: consumer spending on dining out, restaurant operator opening and closing rates, food cost inflation passed through to operator margins, and labor market conditions in the restaurant sector. A prolonged contraction in restaurant traffic or a wave of operator closures would directly reduce demand for the company's distribution services, with limited diversification from other customer-type segments to offset the effect. No individual named customer, supplier, or geographic concentration is disclosed in the source claims beyond the restaurant customer-type exposure. The absence of named-customer concentration suggests the restaurant revenue base is spread across a large number of individual restaurant operators rather than concentrated in a handful of chain accounts. On balance, the disclosed concentration profile is narrow in dimension but large in customer-type scale — a structural feature of the broadline foodservice distribution model that links performance to the health of the restaurant industry rather than to any specific counterparty.
For the engine’s reasoning on SYY’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Food Distribution
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ANDE | The Andersons, Inc. | 1 | 2 | 0 | 3 |
| SYY● | Sysco Corporation | 1 | 0 | 0 | 1 |
| USFD | US Foods Holding Corp. | 0 | 1 | 1 | 2 |
| PFGC | Performance Food Group Company | 0 | 1 | 0 | 1 |
| UNFI | United Natural Foods, Inc. | 0 | 1 | 0 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.