Sysco Corporation (NYSE:SYY) will look for M&A. Kenny Cheung Chief Financial Officer said during the 2024 Investor Relations Day, "As Greg and Kevin mentioned, we will leverage our competitive advantage to drive growth in core business through local, specialty and international and we'll continue to focus on accretive bolt-on M&A to drive sustainable growth. Furthermore, as Neil highlighted, we have both short-term and long-term programs that will also contribute to sustainable growth". "Moving on to M&A. Our systematic and disciplined approach to M&A focuses on enhancing our product portfolio, capabilities and footprint.

We are primarily focused on tuck-in acquisitions across our specialty space that would deliver strong return on investment and where we can drive top line and bottom line synergies. Again, the target contribution from M&A in our algo is 50 bps per year".