Sysco 2012 Annual Report Download - page 110

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S A V A G E ,
Branding + Corporate Design,
Houston, Texas
Corporate Ofces
Sysco Corporation
1390 Enclave Parkway
Houston, TX 77077-2099
281.584.1390
www.sysco.com
Annual Shareholders’ Meeting
The Houstonian Hotel
111 North Post Oak Lane
Houston, TX 77024
November 14, 2012 at 10:00 a.m.
Independent Accountants
Ernst & Young LLP
Houston, TX
Transfer Agent & Registrar
American Stock Transfer &
Trust Company
59 Maiden Lane
Plaza Level
New York, NY 10038
1.888.CALLSYY (1.888.225.5799)
www.amstock.com
Investor Contact
Mr. Neil A. Russell II
Vice President, Investor Relations
281.584.1308
Common Stock and
Dividend Information
Sysco’s common stock is traded on the New York
Stock Exchange under the symbol “SYY”. The
company has paid quarterly cash dividends on
itscommon stock since its founding as a public
company in 1970 and has increased the dividend
43times in that period. The current quarterly cash
dividend is $0.27 per share.
Dividend Reinvestment Plan with
Optional Cash Purchase Feature
Sysco’s Dividend Reinvestment Plan provides
aconvenient way for shareholders of record
to reinvest quarterly cash dividends in Sysco
shares automatically, with no service charge
or brokerage commissions.
The Plan also permits registered shareholders
toinvest additional money to purchase shares.
Inaddition, certicates may be deposited directly
into a Plan account for safekeeping and may be
sold directly through the Plan for a modest fee.
Shareholders desiring information about the
Dividend Reinvestment Plan with Optional Cash
Purchase Feature may obtain a brochure and
enrollment form by contacting the Transfer Agent
and Registrar, American Stock Transfer & Trust
Company at 1.888.225.5799.
Forward-looking Statements
Certain statements made herein are forward-
looking statements under the Private Securities
Litigation Reform Act of 1995. They include state-
ments about expected future performance, the
impact and expected benets of strategic initiatives
and our Business Transformation Project, the
opportunity to grow our market share, plans
regarding expansion and acquisitions, commit-
ments and plans regarding our “Roadmap to 2015,”
including reducing our cost structure and product
costs and delivering sustainable annual EPS
growth, the implementation timeline for certain
initiatives, including Sysco 360, and our goal
ofreducing operating costs $300–$350 million
annually by 2015.
These statements are based on management’s
current expectations and estimates; actual results
may differ materially. The success of Sysco’s stra-
tegic initiatives and our Business Transformation
Project could be affected by conditions in the
economy and the industry and internal factors
such as the ability to control expenses, including
fuel costs. We have experienced delays in the
implementation of our Business Transformation
Project and the expected costs of our Business
Transformation Project may be greater or less than
currently expected, as we may encounter the need
for changes in design or revisions of the project
calendar and budget. Our business and results of
operations may be adversely affected if we experi-
ence operating problems, scheduling delays, cost
overages, or limitations on the extent of the busi-
ness transformation during the ERP implementation
process. As implementation of the ERP system and
other initiatives within the Business Transformation
Project begins, there may be changes in design or
timing that impact near-term expense and cause
us to revise the project calendar and budget, and
additional hiring and training of employees and
consultants may be required, which could also
impact project expense and timing. Our Business
Transformation Project initiatives related to ERP
implementation, category management and cost
transformation may not provide the expected bene-
ts or cost savings in a timely fashion, if at all. If we
are unable to realize the anticipated benets from
our cost cutting efforts, we could become cost
disadvantaged in the marketplace, and our com-
petitiveness and our protability could decrease.
Sysco’s ability to achieve anticipated future results
with respect to operating costs, increased market
share and annual EPS growth could be affected by
competitive price pressures, availability of supplies,
work stoppages, success or failure of our strategic
initiatives, successful integration of acquired
companies, conditions in the economy and the
industry, and internal factors such as the ability
to control expenses.
For a discussion of additional risks and uncertain-
ties that could cause actual results to differ from
those contained in the forward-looking statements,
see Sysco’s Annual Report on Form 10-K for the
scal year ended June 30, 2012, which is included
in this Annual Report.
Form 10-K and Financial Information
A copy of the scal 2012 Annual Report on
Form10-K, including the nancial statements
andnancial statement schedules, as well as
copies of other nancial reports and company
literature, may be obtained without charge
uponwritten request to the Investor Relations
Department, Sysco Corporation, at the corporate
ofces listed above, or by calling 281.584.2615.
This information, which is included in this Annual
Report, also may be found on our website at
www.sysco.com in the Investors section.
Shareholder Information