Jittery trading continues on food supplier sector
Apr. 13, 2020 11:33 AM ETSysco Corporation (SYY), USFD, ARMK, CHEF, PFGCSYY, PFGC, CHEF, ARMK, USFDBy: Clark Schultz, SA News Editor12 Comments
- Foodservice suppliers trade notably lower after a growing number of COVID-19 cases are reported at food manufacturer sites.
- Of course, the sector is already been hit hard by the dramatic downturn in the restaurant industry amid the stay-at-home orders in the U.S.
- Sysco (SYY -6.6%), US Foods (USFD -6.2%), Performance Food Group (PFGC -9.4%), Aramark (ARMK -4.0%) and Chefs' Warehouse (CHEF -4.1%) are all showing losses on the day.