Consumer Staples
Consumer Staples Food
Food is protein, snacks, and foodservice
Sysco FY2026 sales were $84.6B. Tyson FY2025 was $54.4B. Mondelez 2025 was $38.5B. These are not the same business. PepsiCo foods sit on the Beverage tab.
Mondelez is Europe first
2025: Europe $15.0B, North America $10.7B (down 2.1%), AMEA $7.9B, Latin America $4.9B. The four lines sum to $38.5B.
Tyson is still a beef company
FY2025: Beef $21.6B, Chicken $16.8B, Prepared Foods $9.9B, Pork $5.8B. Intersegment sales are omitted. Reported sales include a $653M legal-accrual cut.
