Summit's financial stability reflects our ongoing focus and success in reducing operating expenses, and achieving efficiencies through investment in technology and by cost-effective management practices.

Given excess distributor capacity in Ontario, the Ontario foodservice distribution industry has already recorded numerous bankruptcies and warehouse closures. Published financial reports indicate the profitability and even the financial viability of several major distributors are questionable. Industry sources and recent experience suggests further consolidation is likely.

Even in this competitive marketplace, Summit has achieved consistent revenue growth, reductions in operating expenses (on a % basis) and maintained the financial strength to facilitate consistent investment in fleet, buildings and technology to ensure superior customer service for years to come.