The restaurant supplier industry has seen dismal times in 2020. Sysco (SYY), the retailing giant which is focused on supplying food and related products to the restaurant industry, is currently down 38.86% YTD (year-to-date). Shares got battered during the pandemic as almost all of its end customers in the hospitality, restaurant, and education institution business were forced to shut down operations.
However, the downward share price trend seems to be reversing as the U.S. economy gears up for coming out of the lockdown. While the level of restaurant operations is nowhere close to