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Sysco CEO Kevin Hourican on $29 billion Jetro Restaurant Depot deal: A gem of an asset

Sysco chairman and CEO Kevin Hourican joins ‘Squawk Box’ to discuss details of the $29 billion deal to acquire Jetro Restaurant Depot, company growth outlook, and more.

26 Comments

  1. Jetro sure took good care of its shareholders. Not everyone seems to do that. Also nice to see the big fella get some nice publicity.

  2. Sysco buying up competitors. What could go wrong? Except higher food prices at restaurants.

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  7. We are currently in the capitulation phase of the retail market. The institutional cycle is just building up and is ready to take off. Then the institutional bear market will probably end with a massive bust of a few institutions like Unbank yourself or FTX or maybe even Citadel at the end of this bull run. Bear markets finish when the bear eats enough to enter hibernation. That is the cycle where institutions follow their patterns and they usually have year runs and we are witnessing the retail bear market and the consolidation of institutions. They have retail down and retail is capitulating right now and will soon become angry. My only tip? Invest in XA55P and buckle up for massive profits.

  8. Your current estimate is way too low. $XA55P will reach $1000000000000000000000000000000000000000000000000000000000000000000000.00

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