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Food product marketer and distributor Sysco continued its slide down the Fortune 500 this year as the pandemic kept restaurant demand largely depressed. The company dropped 10 spots on this list, its revenue decreasing 3% to $51 billion. However, it managed to more than double its profits year over year, to $524 million—a fact that reflects the gradual loosening of COVID-related restrictions throughout the year. In its fourth quarter, the company’s sales finally surpassed 2019 quarterly volume levels—another encouraging sign.
Luke Sharrett—Bloomberg/Getty Images
Lists ranking Sysco
Fortune 500 - 2022This year’s Fortune 500 marks the 68th running of ...READ MOREview in list
Global 500 - 2021Total revenue for the world’s biggest companies fe...READ MOREview in list