Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year. Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.
Photo: US Department of Agriculture, Flickr Creative Commons
Teamsters are taking on Sysco in contract fights and in organizing. Louisville Local 89 is organizing Sysco drivers in Kentucky. Baltimore Local 355 Teamsters just today settled a two-week strike at Sysco. The Teamsters Union is determined to organize all of Sysco’s distribution centers and bring national coordination to bear to win good contracts.
The latest profit figures show that management has no legitimate reason to deny Sysco workers fair wages, benefits and contract protections.
Click to read the full earnings report.