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Get a deeper insight into the potential performance of Sysco (SYY) for the quarter ended September 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

Key Takeaways Sysco's Q1 fiscal 2027 revenues are expected to rise 4.9% to $22.2 billion, with EPS up 1.7% to $1.17.U.S. Foodservice growth, customer gains and international expansion are likely to support Sysco's Q1 sales.Sysco's brand expansion and AI360 tools may aid growth, while weak restaurant traffic and costs pose risks.
Sysco Corporation (SYY - Free Report) is likely to witness both top and bottom-line growth when it reports first-quarter fiscal 2027 earnings on Nov. 3. The Zacks Consensus Estimate for revenues is pegged at $22.2 billion, indicating a 4.9% rise from the prior-year quarter’s reported figure.

The consensus mark for earnings has moved up a penny in the past seven days to $1.17 per share, which implies a 1.7% increase from the figure reported in the year-ago quarter. SYY has a trailing four-quarter earnings surprise of about 1%, on average.

Factors Likely to Influence SYY’s Upcoming ResultsSysco’s fiscal first-quarter performance is likely to have been supported by continued momentum in its core U.S. Foodservice business. Improving local customer volumes, healthy new customer wins and better customer retention are likely to have aided sales. Strength across healthcare, travel, hospitality and foodservice management customers might have further supported performance, despite continued softness in national restaurant traffic. The Zacks Consensus Estimate indicates an increase of 4.5% in U.S. Foodservice Operations revenues.

Its International Foodservice Operations are also likely to have contributed positively, supported by healthy local case volumes, expanded supply-chain capacity and increased availability of Sysco-branded products. The business has also been benefiting from increased sales headcount and improved technology capabilities, which are likely to have supported customer engagement, volume growth and operating efficiency. The Zacks Consensus Estimate indicates an increase of 4.9% in International Foodservice Operations revenues.

Its growing focus on Sysco Brand products is likely to have provided additional support. Expansion of its value-tier assortment, particularly Sysco Reliance offerings, and improved pricing strategies might have encouraged greater adoption of private-label products. Meanwhile, AI360 selling tools, including the Swap & Save feature, are likely to have improved customer penetration and sales productivity. Continued improvements in warehouse operations, delivery routing and supply-chain efficiency might have further supported profitability.

However, the fiscal first quarter's performance might have faced pressure from a challenging restaurant industry environment. Weak customer traffic at national restaurant chains and cautious consumer spending on dining out might have constrained volume growth. Elevated fuel and inbound transportation costs, along with food inflation, might have weighed on gross margins. Additionally, an unfavorable year-over-year tax-rate comparison might have pressured earnings.

Earnings Whispers for SYYOur proven model conclusively predicts an earnings beat for Sysco this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here.

Sysco carries a Zacks Rank #3 and has an Earnings ESP of +2.46% at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Other Stocks With the Favorable CombinationHere are some other companies worth considering, as our model shows that these, too, have the right combination of elements to beat on earnings this reporting cycle.

BJ’s Wholesale Club Holdings, Inc. (BJ - Free Report) has an Earnings ESP of +2.54% and currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for BJ’s Wholesale Club’s upcoming quarter’s earnings per share is pegged at 1.22 cents, implying 5.2% year-over-year growth. The consensus estimate for quarterly revenues is pegged at $5.9 billion, which indicates an increase of 11.1% from the figure reported in the prior-year quarter. BJ has a trailing four-quarter earnings surprise of 4.8%, on average.

The Hershey Company (HSY - Free Report) has an Earnings ESP of +0.30% and currently carries a Zacks Rank of 3. The Zacks Consensus Estimate for Hershey’s upcoming quarter’s EPS is pegged at $2.12, implying a 63.1% year-over-year decline.

The Zacks Consensus Estimate for quarterly revenues is pegged at $3.3 billion, which indicates an increase of 2.3% from the figure reported in the prior-year quarter. HSY has a trailing four-quarter earnings surprise of 21.8%, on average.

General Mills, Inc. (GIS - Free Report) currently has an Earnings ESP of +0.48% and a Zacks Rank of 3. The Zacks Consensus Estimate for General Mills’ upcoming quarter’s EPS is pegged at 96 cents, implying a 12.7% year-over-year decrease.

The Zacks Consensus Estimate for quarterly revenues is pegged at $4.7 billion, which indicates a decrease of 2.8% from the figure reported in the prior-year quarter. GIS has a trailing four-quarter earnings surprise of 3.6%, on average.

Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.

Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.

The ability to identify stocks that are likely to top quarterly earnings expectations can be profitable, but it's no simple task. Here at Zacks, our Earnings ESP filter helps make things easier.

The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP, or Expected Surprise Prediction, aims to find earnings surprises by focusing on the most recent analyst revisions. The basic premise is that if an analyst reevaluates their earnings estimate ahead of an earnings release, it means they likely have new information that could possibly be more accurate.

The core of the ESP model is comparing the Most Accurate Estimate to the Zacks Consensus Estimate, where the resulting percentage difference between the two equals the Expected Surprise Prediction. The Zacks Rank is also factored into the ESP metric to better help find companies that appear poised to top their next bottom-line consensus estimate, which will hopefully help lift the stock price.

When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.

Stocks with a #3 (Hold) ranking, which is most stocks covered at 60%, are expected to perform in-line with the broader market. But stocks that fall into the #2 (Buy) and #1 (Strong Buy) ranking, or the top 15% and top 5% of stocks, respectively, should outperform the market. Strong Buy stocks should outperform more than any other rank.

Should You Consider Estee Lauder?The last thing we will do today, now that we have a grasp on the ESP and how powerful of a tool it can be, is to quickly look at a qualifying stock. Estee Lauder (EL - Free Report) holds a #2 (Buy) at the moment and its Most Accurate Estimate comes in at $0.54 a share seven days away from its upcoming earnings release on November 2, 2026.

Estee Lauder's Earnings ESP sits at +3.75%, which, as explained above, is calculated by taking the percentage difference between the $0.54 Most Accurate Estimate and the Zacks Consensus Estimate of $0.52. EL is also part of a large group of stocks that boast a positive ESP. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

EL is just one of a large group of Consumer Staples stocks with a positive ESP figure. Sysco (SYY - Free Report) is another qualifying stock you may want to consider.

Sysco is a Zacks Rank #3 (Hold) stock, and is getting ready to report earnings on November 3, 2026. SYY's Most Accurate Estimate sits at $1.19 a share eight days from its next earnings release.

Sysco's Earnings ESP figure currently stands at +2.46% after taking the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $1.17.

Because both stocks hold a positive Earnings ESP, EL and SYY could potentially post earnings beats in their next reports.

Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

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What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

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Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

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To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

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Stock to Watch: Sysco (SYY - Free Report) Headquartered in Houston, TX, Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice, or food-away-from-home, industry. The company serves approximately 670,000 customer locations, including restaurants, health care and educational facilities, lodging establishments and other foodservice customers. Sysco operates 333 distribution centers across 10 countries and has approximately 75,000 colleagues. In fiscal 2026, the company generated sales of more than $84 billion.

SYY is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. SYY has a Growth Style Score of A, forecasting year-over-year earnings growth of 10.6% for the current fiscal year.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.02 to $5.10 per share. SYY also boasts an average earnings surprise of +1%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, SYY should be on investors' short list.

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.

In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.

However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.

Our proprietary system currently recommends Sysco (SYY - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.

Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.

Here are three of the most important factors that make the stock of this food distributor a great growth pick right now.

Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.

While the historical EPS growth rate for Sysco is 14.7%, investors should actually focus on the projected growth. The company's EPS is expected to grow 10.7% this year, crushing the industry average, which calls for EPS growth of 5.9%.

Impressive Asset Utilization RatioAsset utilization ratio -- also known as sales-to-total-assets (S/TA) ratio -- is often overlooked by investors, but it is an important indicator in growth investing. This metric shows how efficiently a firm is utilizing its assets to generate sales.

Right now, Sysco has an S/TA ratio of 3.06, which means that the company gets $3.06 in sales for each dollar in assets. Comparing this to the industry average of 1.02, it can be said that the company is more efficient.

While the level of efficiency in generating sales matters a lot, so does the sales growth of a company. And Sysco is well positioned from a sales growth perspective too. The company's sales are expected to grow 6.8% this year versus the industry average of 0%.

Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

There have been upward revisions in current-year earnings estimates for Sysco. The Zacks Consensus Estimate for the current year has surged 0.5% over the past month.

Bottom LineWhile the overall earnings estimate revisions have made Sysco a Zacks Rank #2 stock, it has earned itself a Growth Score of A based on a number of factors, including the ones discussed above.

You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

This combination positions Sysco well for outperformance, so growth investors may want to bet on it.

Sysco (NYSE:SYY – Get Free Report) and Dollar General (NYSE:DG – Get Free Report) are both large-cap consumer staples companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, profitability, analyst recommendations, valuation, earnings, risk and dividends.

Analyst Recommendations This is a summary of current ratings and price targets for Sysco and Dollar General, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Sysco 1 6 9 0 2.50 Dollar General 1 16 12 0 2.38 Sysco currently has a consensus price target of $90.17, indicating a potential upside of 15.39%. Dollar General has a consensus price target of $137.96, indicating a potential upside of 8.49%. Given Sysco’s stronger consensus rating and higher possible upside, analysts clearly believe Sysco is more favorable than Dollar General.

Dividends Sysco pays an annual dividend of $2.20 per share and has a dividend yield of 2.8%. Dollar General pays an annual dividend of $2.36 per share and has a dividend yield of 1.9%. Sysco pays out 60.1% of its earnings in the form of a dividend. Dollar General pays out 30.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Sysco has increased its dividend for 57 consecutive years. Sysco is clearly the better dividend stock, given its higher yield and longer track record of dividend growth. Profitability This table compares Sysco and Dollar General’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Sysco 2.08% 95.05% 8.00% Dollar General 3.90% 18.93% 5.21% Earnings & Valuation This table compares Sysco and Dollar General”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Sysco $84.55 billion 0.45 $1.76 billion $3.66 21.35 Dollar General $42.72 billion 0.66 $1.51 billion $7.69 16.54 Sysco has higher revenue and earnings than Dollar General. Dollar General is trading at a lower price-to-earnings ratio than Sysco, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership 83.4% of Sysco shares are owned by institutional investors. Comparatively, 91.8% of Dollar General shares are owned by institutional investors. 0.6% of Sysco shares are owned by company insiders. Comparatively, 0.6% of Dollar General shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Risk and Volatility Sysco has a beta of 0.64, indicating that its share price is 36% less volatile than the S&P 500. Comparatively, Dollar General has a beta of 0.23, indicating that its share price is 77% less volatile than the S&P 500.

Summary Sysco beats Dollar General on 10 of the 17 factors compared between the two stocks.

About Sysco (Get Free Report)

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood products; dairy products; beverages; imported specialties; and fresh produce products. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of glassware and silverware; cookware, such as pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing facilities, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. Sysco Corporation was incorporated in 1969 and is headquartered in Houston, Texas.

About Dollar General (Get Free Report)

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine. The company's consumable products also comprise snacks, such as candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, including over-the-counter medicines and personal care products, such as soaps, body washes, shampoos, cosmetics, and dental hygiene and foot care products; pet supplies and pet food; and tobacco products. In addition, it offers seasonal products comprising holiday items, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, and automotive and home office supplies; and home products that include kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, and bed and bath soft goods. Further, the company provides apparel, which comprise basic items for infants, toddlers, girls, boys, women, and men, as well as socks, underwear, disposable diapers, shoes, and accessories. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.

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Investors in Sysco Corporation (SYY - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 18, 2026 $37.50 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Sysco shares, but what is the fundamental picture for the company? Currently, Sysco is a Zacks Rank #3 (Hold) in the Food – Miscellaneous industry that ranks in the Bottom 15% of our Zacks Industry Rank. Over the last 30 days, one analyst has increased the earnings estimate for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.17 per share to $1.16 in that period.

Given the way analysts feel about Sysco right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.

We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.

Now that we know how important earnings and earnings surprises are, it's time to show investors how to take advantage of these events to boost their returns by utilizing the Zacks Earnings ESP filter.

The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information.

With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure. The system also utilizes our core Zacks Rank to provide a stronger system for identifying stocks that might beat their next quarterly earnings estimate and possibly see the stock price climb.

When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.

Stocks with a #3 (Hold) ranking, which is most stocks covered at 60%, are expected to perform in-line with the broader market. But stocks that fall into the #2 (Buy) and #1 (Strong Buy) ranking, or the top 15% and top 5% of stocks, respectively, should outperform the market. Strong Buy stocks should outperform more than any other rank.

Should You Consider e.l.f. Beauty?Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. e.l.f. Beauty (ELF - Free Report) earns a #1 (Strong Buy) right now and its Most Accurate Estimate sits at $0.63 a share, just 28 days from its upcoming earnings release on November 4, 2026.

ELF has an Earnings ESP figure of +6.10%, which, as explained above, is calculated by taking the percentage difference between the $0.63 Most Accurate Estimate and the Zacks Consensus Estimate of $0.59. e.l.f. Beauty is one of a large database of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

ELF is part of a big group of Consumer Staples stocks that boast a positive ESP, and investors may want to take a look at Sysco (SYY - Free Report) as well.

Slated to report earnings on October 27, 2026, Sysco holds a #3 (Hold) ranking on the Zacks Rank, and its Most Accurate Estimate is $1.19 a share 20 days from its next quarterly update.

The Zacks Consensus Estimate for Sysco is $1.16, and when you take the percentage difference between that number and its Most Accurate Estimate, you get the Earnings ESP figure of +2.89%.

ELF and SYY's positive ESP figures tell us that both stocks have a good chance at beating analyst expectations in their next earnings report.

Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>

Eastern Bank grew its stake in Sysco Corporation (NYSE:SYY – Free Report) by 47.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 554,261 shares of the company’s stock after buying an additional 178,847 shares during the quarter. Eastern Bank owned 0.11% of Sysco worth $43,210,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Sysco by 0.5% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 38,151 shares of the company’s stock worth $2,974,000 after buying an additional 197 shares in the last quarter. CX Institutional boosted its position in Sysco by 1.1% during the 3rd quarter. CX Institutional now owns 18,299 shares of the company’s stock worth $1,427,000 after acquiring an additional 198 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Sysco by 31.3% during the 3rd quarter. Versant Capital Management Inc now owns 4,308 shares of the company’s stock worth $336,000 after acquiring an additional 1,027 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Sysco by 22.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 5,004 shares of the company’s stock valued at $418,000 after purchasing an additional 903 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in shares of Sysco by 7.8% in the second quarter. Sequoia Financial Advisors LLC now owns 32,097 shares of the company’s stock worth $2,683,000 after purchasing an additional 2,314 shares in the last quarter. Institutional investors and hedge funds own 83.41% of the company’s stock.

Insider Transactions at Sysco In other news, EVP Ronald Phillips sold 960 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $83.00, for a total value of $79,680.00. Following the completion of the sale, the executive vice president directly owned 49,852 shares of the company’s stock, valued at $4,137,716. This trade represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 15,525 shares of company stock valued at $1,299,736 in the last 90 days. 0.55% of the stock is owned by corporate insiders.

Sysco Stock Performance SYY stock traded down $0.71 during trading hours on Monday, reaching $76.78. The stock had a trading volume of 1,165,058 shares, compared to its average volume of 4,094,917. The stock has a market capitalization of $37.77 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 2.70 and a beta of 0.64. The company has a debt-to-equity ratio of 4.62, a current ratio of 1.28 and a quick ratio of 0.77. The stock has a 50-day simple moving average of $81.75 and a 200 day simple moving average of $79.10. Sysco Corporation has a fifty-two week low of $68.19 and a fifty-two week high of $91.85. Sysco (NYSE:SYY – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.02. The company had revenue of $22.12 billion during the quarter, compared to the consensus estimate of $21.95 billion. Sysco had a net margin of 2.08% and a return on equity of 95.05%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.48 EPS. Sysco has set its FY 2027 guidance at 5.025-5.117 EPS and its Q1 2027 guidance at 1.180-1.200 EPS. Analysts predict that Sysco Corporation will post 5.1 EPS for the current fiscal year.

Sysco Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Friday, October 2nd will be paid a $0.55 dividend. The ex-dividend date is Friday, October 2nd. This represents a $2.20 annualized dividend and a yield of 2.9%. Sysco’s dividend payout ratio is currently 60.11%.

Wall Street Analysts Forecast Growth SYY has been the subject of a number of analyst reports. Citigroup raised their target price on shares of Sysco from $82.00 to $86.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Guggenheim restated a “buy” rating and set a $90.00 price objective on shares of Sysco in a research note on Wednesday, September 16th. Morgan Stanley raised their price objective on Sysco from $84.00 to $88.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. Piper Sandler lifted their target price on Sysco from $77.00 to $84.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Finally, UBS Group increased their price target on Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $90.17.

Read Our Latest Analysis on Sysco

Sysco Profile (Free Report)

Sysco Corporation is a global foodservice distributor headquartered in Houston, Texas. The company supplies restaurants, hotels, healthcare facilities, educational institutions, government organizations and other foodservice customers with a broad range of products and related services.

Sysco’s offerings include fresh and frozen foods, meat and seafood, dairy products, produce, canned and dry goods, beverages, specialty and international foods, and prepared and ready-to-use items. The company also distributes nonfood products such as kitchen equipment, tableware, cleaning supplies and other operating supplies.

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Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

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Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

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VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +23.86% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

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Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Sysco (SYY - Free Report) Headquartered in Houston, TX, Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice, or food-away-from-home, industry. The company serves approximately 670,000 customer locations, including restaurants, health care and educational facilities, lodging establishments and other foodservice customers. Sysco operates 333 distribution centers across 10 countries and has approximately 75,000 colleagues. In fiscal 2026, the company generated sales of more than $84 billion.

SYY is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 15.24; value investors should take notice.

Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.15 to $5.10 per share. SYY also boasts an average earnings surprise of +1%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, SYY should be on investors' short list.

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.86% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Sysco (SYY - Free Report) Headquartered in Houston, TX, Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice, or food-away-from-home, industry. The company serves approximately 670,000 customer locations, including restaurants, health care and educational facilities, lodging establishments and other foodservice customers. Sysco operates 333 distribution centers across 10 countries and has approximately 75,000 colleagues. In fiscal 2026, the company generated sales of more than $84 billion.

SYY is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. SYY has a Growth Style Score of A, forecasting year-over-year earnings growth of 9.8% for the current fiscal year.

For fiscal 2027, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.11 to $5.06 per share. SYY boasts an average earnings surprise of +1%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, SYY should be on investors' short list.

 | Source: Sysco Corporation

HOUSTON, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (“Sysco” or the “Company”) today announced the pricing of its previously announced public offering of 12,345,679 shares of its common stock (the “Offering”) at a price to public of $81.00 per share. The Offering is expected to close on September 16, 2026, subject to customary closing conditions.

Sysco has granted the underwriters of the Offering a 30-day option to purchase up to an additional $150 million of shares of common stock, solely to cover overallotments, if any, at the same price per share as the other shares of common stock purchased by the underwriters in the Offering.

Sysco intends to use the net proceeds from the Offering to finance a portion of the consideration for its pending acquisition of Jetro Restaurant Depot. The Offering is not contingent on the consummation of the acquisition.

Goldman Sachs & Co. LLC and TD Securities (USA) LLC are acting as lead book-running managers for the Offering. BofA Securities, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are also acting as book-running managers for the Offering.

The Offering is being made by means of a prospectus supplement under Sysco’s shelf registration statement on Form S-3ASR, as filed with the Securities and Exchange Commission (the “SEC”).

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor does it constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale is unlawful. The Offering is being made only by means of a prospectus supplement relating to the Offering and the accompanying prospectus.

Copies of the final prospectus supplement for the Offering and the accompanying prospectus may be obtained free of charge by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies may be obtained from:

Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 1-866-471-2526, or by e-mail at [email protected];TD Securities (USA) LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at [email protected];BofA Securities, Attention: Prospectus Department, 201 North Tryon Street, Charlotte, NC 28255-0001, or by e-mail at [email protected];J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by e-mail at [email protected] and [email protected]; orWells Fargo Securities, LLC, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, by telephone at 800-645-3751 (option #5) or by email at [email protected]. About Sysco

Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 333 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 670,000 customer locations. The company generated sales of more than $84 billion in fiscal year 2026 that ended June 27, 2026.

As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions.

Forward-Looking Statements

Statements made in this press release include statements that are forward-looking or that express management’s beliefs, expectations or hopes and are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements regarding the terms, timing and completion of the Offering and our anticipated use of the proceeds thereof, statements about our future financial performance and results, business strategy, plans, goals and objectives, and other statements that are not historical facts, including expectations regarding our future growth, including growth in sales and earnings per share, expectations regarding cost savings associated with AI, as well as statements about the expected timing and completion of the proposed transaction with Jetro Restaurant Depot and the anticipated benefits of such proposed transaction.

Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions, including those outside of Sysco’s control. Risks and uncertainties include without limitation: the impact of geopolitical, economic and market conditions and developments, including changes in global trade policies and tariffs and foreign conflicts; risks related to our business initiatives; periods of significant or prolonged inflation or deflation and their impact on our product costs, volume, foot traffic, and profitability generally; risks related to our efforts to implement our transformation initiatives and meet our other long-term strategic objectives; risks of interruption of supplies and increase in product costs; risks related to changes in consumer eating habits; and impact of natural disasters or adverse weather conditions, public health crises, adverse publicity or lack of confidence in our products, and product liability claims as well as risks and uncertainties associated with our proposed transaction with Jetro Restaurant Depot, including but not limited to, the occurrence of any event, change or other circumstances that could give rise to the right of either or both parties to terminate the merger agreement; the risk that regulatory approvals may not be obtained or other closing conditions may not be satisfied in a timely manner or at all, as well as the risk that regulatory approvals are obtained subject to conditions that are not anticipated; the risk of other delays in closing the transaction; the possibility that any of the anticipated benefits and projected synergies of the transaction will not be realized or will not be realized within the expected time period; and the risk that the proposed transaction and its announcement could have an adverse effect on the market price of the common stock of Sysco. Should one or more of these risks or uncertainties materialize, or underlying assumptions prove incorrect, actual results may vary materially from those indicated in our forward-looking statements. Therefore, you should not place undue reliance on any of the forward-looking statements contained herein. For more information on these risks and other concerning factors that could cause actual results to differ from those expressed or forecasted, see our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the SEC. We do not undertake to update our forward-looking statements, except as required by applicable law.

For more information contact: Kevin KimCassandra Mauel Investor ContactMedia Contact [email protected]@sysco.com T 281-584-1219T 281-584-1390 SYY-INVESTORS

 | Source: Sysco Corporation

HOUSTON, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (“Sysco” or the “Company”) today announced that it intends to make an offering of $1.0 billion of shares of its common stock (the “Offering”). Sysco’s common stock is listed on the New York Stock Exchange under the symbol “SYY.”

Sysco intends to grant the underwriters of the Offering a 30-day option to purchase up to an additional $150 million of shares of common stock, solely to cover overallotments, if any, at the same price per share as the other shares of common stock purchased by the underwriters in the Offering.

Sysco intends to use the net proceeds from the Offering to finance a portion of the consideration for its pending acquisition of Jetro Restaurant Depot. The Offering is not contingent on the consummation of the acquisition.

Goldman Sachs & Co. LLC and TD Securities (USA) LLC are acting as lead book-running managers for the Offering. BofA Securities, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are also acting as book-running managers for the Offering.

The Offering will be made by means of a prospectus supplement under Sysco’s shelf registration statement on Form S-3ASR, as filed with the Securities and Exchange Commission (the “SEC”).

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor does it constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale is unlawful. The Offering is being made only by means of a prospectus supplement relating to the Offering and the accompanying prospectus.

Copies of the preliminary prospectus supplement for the Offering and the accompanying prospectus may be obtained free of charge by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies may be obtained from:

Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 1-866-471-2526, or by e-mail at [email protected];TD Securities (USA) LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at [email protected];BofA Securities, Attention: Prospectus Department, 201 North Tryon Street, Charlotte, NC 28255-0001, or by e-mail at [email protected];J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by e-mail at [email protected] and [email protected]; orWells Fargo Securities, LLC, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, by telephone at 800-645-3751 (option #5) or by email at [email protected].
About Sysco

Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 333 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 670,000 customer locations. The company generated sales of more than $84 billion in fiscal year 2026 that ended June 27, 2026.

As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions.

SYY-INVESTORS

Forward-Looking Statements

Statements made in this press release include statements that are forward-looking or that express management’s beliefs, expectations or hopes and are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements regarding the terms, timing and completion of the Offering and our anticipated use of the proceeds thereof, statements about our future financial performance and results, business strategy, plans, goals and objectives, and other statements that are not historical facts, including expectations regarding our future growth, including growth in sales and earnings per share, expectations regarding cost savings associated with AI, as well as statements about the expected timing and completion of the proposed transaction with Jetro Restaurant Depot and the anticipated benefits of such proposed transaction.

Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions, including those outside of Sysco’s control. Risks and uncertainties include without limitation: the impact of geopolitical, economic and market conditions and developments, including changes in global trade policies and tariffs and foreign conflicts; risks related to our business initiatives; periods of significant or prolonged inflation or deflation and their impact on our product costs, volume, foot traffic, and profitability generally; risks related to our efforts to implement our transformation initiatives and meet our other long-term strategic objectives; risks of interruption of supplies and increase in product costs; risks related to changes in consumer eating habits; and impact of natural disasters or adverse weather conditions, public health crises, adverse publicity or lack of confidence in our products, and product liability claims as well as risks and uncertainties associated with our proposed transaction with Jetro Restaurant Depot, including but not limited to, the occurrence of any event, change or other circumstances that could give rise to the right of either or both parties to terminate the merger agreement; the risk that regulatory approvals may not be obtained or other closing conditions may not be satisfied in a timely manner or at all, as well as the risk that regulatory approvals are obtained subject to conditions that are not anticipated; the risk of other delays in closing the transaction; the possibility that any of the anticipated benefits and projected synergies of the transaction will not be realized or will not be realized within the expected time period; and the risk that the proposed transaction and its announcement could have an adverse effect on the market price of the common stock of Sysco. Should one or more of these risks or uncertainties materialize, or underlying assumptions prove incorrect, actual results may vary materially from those indicated in our forward-looking statements. Therefore, you should not place undue reliance on any of the forward-looking statements contained herein. For more information on these risks and other concerning factors that could cause actual results to differ from those expressed or forecasted, see our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the SEC. We do not undertake to update our forward-looking statements, except as required by applicable law.

For more information contact: Kevin KimCassandra Mauel Investor ContactMedia Contact [email protected]@sysco.com T 281-584-1219T 281-584-1390

Key Takeaways Sysco targets at least $500M in AI-powered efficiency savings by fiscal 2029.AI initiatives span truck routing, warehouse productivity, procurement and back-office activities.Sysco raised fiscal 2028-2029 sales growth to 4-7% and adjusted EPS growth to 9-11%. Sysco Corporation (SYY - Free Report) is sharpening focus on profitable growth and operating efficiency as it enters fiscal 2027 with solid momentum. The foodservice distribution giant reaffirmed its fiscal 2027 financial outlook while unveiling a multi-year AI-powered efficiency program aimed at lowering structural costs and supporting stronger earnings growth over the next several years.

For fiscal 2027, Sysco continues to expect net sales growth of roughly 6-7%, taking revenues to about $90 billion. Adjusted earnings are projected between $5.02 and $5.12 per share, implying growth of 9-11% on a 53-week basis. Excluding the extra week, the midpoint of the adjusted EPS outlook remains at the high end of the company’s long-term growth range.

A major part of the update is Sysco’s target of at least $500 million in AI-powered efficiency savings by fiscal 2029. The initiative builds on the $100 million of net cost savings already incorporated into the fiscal 2027 outlook. Key areas include modernizing truck-routing systems, improving warehouse productivity, reducing miles driven, automating merchandising and procurement, strengthening strategic sourcing, controlling indirect spending and simplifying back-office activities.

The expected savings also underpin higher targets for fiscal 2028 and 2029. Sysco now projects annual net sales growth of 4-7%, compared with its previous 4-6% range. Adjusted EPS growth is targeted at 9-11% annually, well above the earlier 6-8% expectation. Greater efficiencies should also support faster deleveraging following the expected completion of the Jetro Restaurant Depot transaction by the third quarter of fiscal 2027.

The outlook is supported by a solid fiscal 2026 foundation. In fiscal 2026, sales rose 3.9%, while free cash flow increased 16.3% to $2.1 billion. Continued volume growth, productivity improvements and AI-led cost reductions could strengthen margins and earnings leverage, making execution on the new efficiency targets an important factor to watch.

SYY’s Zacks Rank & Share Price PerformanceShares of this Zacks Rank #3 (Hold) company have gained 1.7% in the past year against the industry’s decline of 18.3%. However, SYY has underperformed the broader Consumer Staples sector and the S&P 500 index’s growth of 3.4% and 18.4%, respectively, during the same period.

SYY Stock's Past Year Performance
Image Source: Zacks Investment Research

Is Sysco Corporation a Value Play Stock?Sysco Corporation currently trades at a forward 12-month P/E ratio of 15.84 compared with the industry average of 14.7. This valuation places the stock at a premium relative to peers, indicating broader market expectations around its business stability and ability to navigate current cost and demand dynamics.

SYY Valuation Picture
Image Source: Zacks Investment Research

Stocks to ConsiderThe Chefs' Warehouse, Inc. (CHEF - Free Report) distributes specialty food and center-of-the-plate products in the United States, the Middle East and Canada. At present, CHEF flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The consensus estimate for Chefs' Warehouse’s current fiscal-year sales and earnings implies growth of 10.6% and 33.7%, respectively, from the year-ago reported figures. Chefs' Warehouse delivered a trailing four-quarter earnings surprise of 30.4%, on average.

The Vita Coco Company, Inc. (COCO - Free Report) develops, manufactures, markets and distributes coconut water products under the Vita Coco brand name in the United States, Canada, Europe, the Middle East, Africa and the Asia Pacific. COCO currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings surprise of 21.9%, on average.

The Zacks Consensus Estimate for Vita Coco’s current fiscal-year sales and earnings indicates growth of 31.6% and 64.7%, respectively, from the year-ago reported numbers.

Darling Ingredients Inc. (DAR - Free Report) develops, produces and sells sustainable natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America and internationally. At present, Darling Ingredients holds a Zacks Rank of 2 (Buy). DAR delivered a trailing four-quarter earnings surprise of 38.9%, on average.

The consensus estimate for Darling Ingredients’ current fiscal-year sales and earnings implies growth of 11.5% and 926.5%, respectively, from the year-ago figures.

Arizona State Retirement System boosted its position in shares of Sysco Corporation (NYSE:SYY – Free Report) by 5.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 137,099 shares of the company’s stock after purchasing an additional 6,981 shares during the quarter. Arizona State Retirement System’s holdings in Sysco were worth $11,459,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Lloyd Advisory Services LLC. acquired a new stake in shares of Sysco during the fourth quarter worth about $25,000. Motiv8 Investments LLC acquired a new position in shares of Sysco in the 4th quarter valued at approximately $25,000. N.E.W. Advisory Services LLC bought a new stake in Sysco during the 2nd quarter worth approximately $29,000. Sunbelt Securities Inc. increased its stake in Sysco by 87.6% during the 1st quarter. Sunbelt Securities Inc. now owns 364 shares of the company’s stock worth $26,000 after purchasing an additional 170 shares in the last quarter. Finally, Bard Associates Inc. acquired a new stake in Sysco during the 4th quarter worth approximately $27,000. Institutional investors own 83.41% of the company’s stock.

Sysco Stock Performance Shares of NYSE SYY opened at $81.68 on Thursday. The company has a current ratio of 1.28, a quick ratio of 0.77 and a debt-to-equity ratio of 4.62. The company has a market capitalization of $39.13 billion, a P/E ratio of 22.32, a P/E/G ratio of 2.72 and a beta of 0.63. Sysco Corporation has a 12 month low of $68.19 and a 12 month high of $91.85. The stock has a 50 day moving average of $82.96 and a 200-day moving average of $80.07.

Sysco (NYSE:SYY – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.51 by $0.02. Sysco had a net margin of 2.08% and a return on equity of 95.05%. The business had revenue of $22.12 billion during the quarter, compared to the consensus estimate of $21.95 billion. During the same quarter in the previous year, the firm posted $1.48 EPS. Sysco’s revenue was up 4.7% compared to the same quarter last year. Sysco has set its FY 2027 guidance at 5.025-5.117 EPS and its Q1 2027 guidance at 1.180-1.200 EPS. As a group, equities research analysts predict that Sysco Corporation will post 5.12 EPS for the current year. Sysco Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Investors of record on Friday, October 2nd will be paid a $0.55 dividend. The ex-dividend date is Friday, October 2nd. This represents a $2.20 annualized dividend and a yield of 2.7%. Sysco’s payout ratio is 60.11%.

Insider Buying and Selling In related news, EVP Ronald Phillips sold 7,350 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $83.61, for a total value of $614,533.50. Following the transaction, the executive vice president directly owned 38,650 shares in the company, valued at approximately $3,231,526.50. This represents a 15.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 14,508 shares of company stock valued at $1,215,250. Corporate insiders own 0.56% of the company’s stock.

Analysts Set New Price Targets A number of brokerages recently commented on SYY. Citigroup raised their price objective on shares of Sysco from $82.00 to $86.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Piper Sandler upped their target price on shares of Sysco from $77.00 to $84.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Melius Research cut Sysco from a “hold” rating to a “sell” rating in a report on Tuesday, July 7th. Weiss Ratings raised Sysco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 19th. Finally, Wall Street Zen lowered Sysco from a “buy” rating to a “hold” rating in a report on Sunday. Nine research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $89.50.

Get Our Latest Research Report on SYY

About Sysco (Free Report)

Sysco Corporation (NYSE:SYY) is a global foodservice distributor that supplies restaurants, health care and educational institutions, hospitality businesses, government facilities, and other customers. Its product portfolio includes fresh and frozen foods, meat and seafood, dairy products, produce, pantry staples, beverages, and specialty items, along with nonfood products such as kitchen equipment, cleaning supplies, and disposable serving products.

In addition to distribution, Sysco provides services designed to support foodservice operators, including menu planning, culinary consulting, merchandising assistance, supply-chain solutions, and business-management resources.

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 | Source: Sysco Corporation

HOUSTON, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (“Sysco” or the “Company”) is reaffirming its fiscal 2027 financial guidance (originally issued on August 4, 2026) ahead of the Company’s webcast presentation from the Barclays 19th Annual Global Consumer Staples Conference in Boston scheduled for today, Wednesday, September 9, at 12:00 p.m. ET. The live conference webcast can be accessed at investors.sysco.com.

Re-affirming fiscal 2027 guidance including 9% to 11% adjusted EPS growth (on a 53 week basis)Introducing target of at least $500 million for AI powered efficiency to be realized by fiscal year 2029Raising mid-term guidance range for net sales growth of 4%-7% and adjusted EPS growth of 9%-11% in fiscal 2028 and fiscal 2029
In conjunction with this reaffirmation of guidance, Sysco also introduced a $500 million multi-year AI powered efficiency improvement program. The AI program will help remove structural cost from the business across the next three fiscal years. The program includes and builds upon the AI and technology enabled efficiency work the Company outlined on its fourth quarter earnings call, which identified $100 million of expected in-year savings included within fiscal 2027 guidance targets. These expected savings, in addition to the Company’s core business performance, will build over time and are expected to deliver meaningful adjusted EPS growth across the three year time horizon. All in, these actions provide confidence in raising the Company’s mid-term growth algorithm which now includes net sales growth of approximately 4%-7% (previously 4%-6%) and adjusted EPS growth of 9%-11% (previously 6%-8%).

“We finished fiscal 2026 with momentum, and that momentum has carried into the new year,” said Kevin Hourican, Sysco’s Chair of the Board and Chief Executive Officer. “The $500 million of AI powered efficiency improvement will deploy over the next three years. These savings reflect a durable change in how we execute our day-to-day business across truck routing, merchandising, and sales. As the leader in the industry, we are incredibly excited about raising the long-term growth algorithm across sales and adjusted EPS growth. Our technology transformation initiatives and recent Board appointments help to unlock the power of our industry-leading sales force to further strengthen the service levels our customers receive, accelerate the Company’s earnings profile for our shareholders, and position Sysco to delever quickly following the expected closure of the Jetro Restaurant Depot transaction by the third quarter of fiscal 2027.”

Reaffirms Fiscal 2027 Guidance & Raises Mid-Term Financial Targets

Sysco is reaffirming the following expectations for the fiscal year 2027, all of which reflect core Sysco on a standalone basis and include the benefit of the 53rd week:

Net sales growth of approximately 6% to 7%, to approximately $90 billion;Adjusted earnings per share of approximately $5.02 to $5.12, representing growth of approximately 9% to 11%; andExcluding the 53rd week, the midpoint of the Company’s adjusted EPS guidance sits at the high end of its long-term growth algorithm.
Sysco is also raising mid-term financial targets for fiscal year 2028 and 2029, all of which reflect core Sysco on a standalone basis:

Annualized net sales growth of approximately 4% to 7% (previously 4% to 6%)Annualized adjusted earnings per share growth of approximately 9% to 11% (previously 6% to 8%) Multi-Year AI Technology Transformation, Enabling Efficiency Improvement

Sysco is targeting at least $500 million of AI powered efficiency savings to be realized by fiscal 2029. For fiscal 2027, we remain on-target for the $100 million of in-year net cost savings previously introduced. Going forward, our overarching cost out efforts position Sysco to accelerate our savings on a multi-year basis. Additionally, the entire organization is aligned on these efforts as achievement of structural cost-out targets has been added to the Company’s long-term equity performance program.

The program is anchored in the following workstreams:

Supply chain productivity: routing software modernization, warehouse selector efficiency, and reduction in miles driven;Automation across merchandising and procurement, including strategic sourcing;Indirect spend management; andCustomer experience and back-office simplification About Sysco

Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 333 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 670,000 customer locations. The Company generated sales of more than $84 billion in fiscal year 2026 that ended June 27, 2026.

As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions. For more information, visit www.sysco.com. For important news and key information for Sysco investors, visit the Investor Relations section of the company’s website at investors.sysco.com.

SYY-INVESTORS

Forward-Looking Statements

Statements made in this press release include statements that are forward-looking or that express management’s beliefs, expectations or hopes and are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements about our future financial performance and results, business strategy, plans, goals and objectives, and other statements that are not historical facts, including expectations regarding our future growth, including growth in sales and earnings per share, expectations regarding cost savings associated with AI, as well as statements about the expected timing and completion of the proposed transaction with Jetro Restaurant Depot and the anticipated benefits of such proposed transaction.

Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions, including those outside of Sysco’s control. Risks and uncertainties include without limitation: the impact of geopolitical, economic and market conditions and developments, including changes in global trade policies and tariffs and foreign conflicts; risks related to our business initiatives; periods of significant or prolonged inflation or deflation and their impact on our product costs, volume, foot traffic, and profitability generally; risks related to our efforts to implement our transformation initiatives and meet our other long-term strategic objectives; risks of interruption of supplies and increase in product costs; risks related to changes in consumer eating habits; and impact of natural disasters or adverse weather conditions, public health crises, adverse publicity or lack of confidence in our products, and product liability claims as well as risks and uncertainties associated with our proposed transaction with Jetro Restaurant Depot, including but not limited to, the occurrence of any event, change or other circumstances that could give rise to the right of either or both parties to terminate the merger agreement; the risk that regulatory approvals may not be obtained or other closing conditions may not be satisfied in a timely manner or at all, as well as the risk that regulatory approvals are obtained subject to conditions that are not anticipated; the risk of other delays in closing the transaction; the possibility that any of the anticipated benefits and projected synergies of the transaction will not be realized or will not be realized within the expected time period; and the risk that the proposed transaction and its announcement could have an adverse effect on the market price of the common stock of Sysco. Should one or more of these risks or uncertainties materialize, or underlying assumptions prove incorrect, actual results may vary materially from those indicated in our forward-looking statements. Therefore, you should not place undue reliance on any of the forward-looking statements contained herein. For more information on these risks and other concerning factors that could cause actual results to differ from those expressed or forecasted, see our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the SEC. We do not undertake to update our forward-looking statements, except as required by applicable law.

For more information contact: Kevin KimCassandra MauelInvestor ContactMedia [email protected]@sysco.comT 281-584-1219T 281-584-1390

A month has gone by since the last earnings report for Sysco (SYY - Free Report) . Shares have lost about 2.9% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Sysco due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

SYY Q4 Earnings Beat Estimates on Volume and Cost GainsSysco's fourth-quarter fiscal 2026 top and bottom lines increased year over year and came ahead of the respective Zacks Consensus Estimate. The company ended fiscal 2026 with positive case growth across its local, national and international businesses. Supply-chain productivity, improved Sysco Brand penetration and cost-saving actions supported profit growth, while investments in sales capacity continued.

Adjusted earnings were $1.53 per share, up 3.4% year over year, outpacing the Zacks Consensus Estimate of $1.51. Sales grew 4.7% to $22,124 million and beat the consensus mark of $21,921 million.

Sysco’s top line benefited from positive case growth across local and national customers in the United States, along with continued international gains. U.S. Foodservice volume increased 2.5%, while local volume advanced 2.6%.

Comparable sales on a constant-currency basis were $22,077 million, up 4.4% year over year. Foreign exchange added $47 million to total reported sales, including a $46-million benefit to International Foodservice Operations.

Gross profit increased 3.7% year over year to $4,134 million. Growth reflected higher volumes, improved mix from increased Sysco Brand penetration, strategic sourcing efficiencies and effective management of product costs. Product cost inflation was 2.8% at the total enterprise level, primarily reflecting higher costs in meat and fresh produce. Adjusted operating expenses increased 3.6% to $2,994 million as sales headcount and capacity investments were partly offset by cost-out efficiencies.

Adjusted operating income rose 4.1% to $1,140 million. Adjusted operating margin was 5.15%, down three basis points from the prior-year quarter as adjusted expense growth slightly outpaced the increase in gross profit. Adjusted EBITDA advanced 4.7% to $1,346 million, reflecting the benefit of operating productivity and continued business growth.

Sysco’s Segments Deliver Broad-Based Sales GrowthU.S. Foodservice Operations sales increased 4.4% to $15,406 million. Total case volume rose 2.5%, while local case volume advanced 2.6%. Gross profit grew 3% to $2,958 million, though gross margin contracted 26 basis points to 19.20%. Adjusted operating income edged up 0.1% to $1,059 million.

International Foodservice Operations sales climbed 6.7% to $4,191 million. On a constant-currency basis, sales increased 5.6% to $4,145 million. Gross margin expanded 12 basis points to 21.69%, while adjusted operating income jumped 15.7% to $228 million. Constant-currency adjusted operating income rose 14.7%.

SYGMA sales increased 3.1% to $2,231 million. Gross profit rose 2.9% to $175 million, while operating income advanced 11.1% to $30 million despite a two-basis-point decline in gross margin.

The Other segment generated sales of $296 million, up 2.8%. Gross margin expanded 273 basis points to 26.69%, while adjusted operating income increased 30% to $13 million.

SYY’s Cash Flow Supports Capital ReturnsFor fiscal 2026, cash flow from operations increased 5.1% to $2,638 million. Free cash flow rose 16.3% to $2,114 million, aided by lower additions to plant and equipment compared with the prior year. Sysco returned $1,237 million to shareholders through $1,037 million in dividends and $200 million in share repurchases. The company ended fiscal 2026 with cash and cash equivalents of $1,786 million and total liquidity of $4,800 million.

Sysco Issues Fiscal 2027 Growth GuidanceManagement introduced fiscal 2027 guidance, calling for sales growth of 6-7% and adjusted earnings growth of 9-11% on a 53-week basis. The outlook reflects expectations for continued positive momentum and further productivity gains. The guidance includes approximately $100 million in cost savings from AI-enabled inventory management, improved forecasting accuracy, coding efficiency, routing optimization and back-office automation. Sysco expects these initiatives and previously announced cost actions to support profit growth and operating-margin expansion.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in estimates revision.

VGM ScoresCurrently, Sysco has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. However, the stock has a score of B on the value side, putting it in the second quintile for value investors.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions looks promising. Notably, Sysco has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Performance of an Industry PlayerSysco is part of the Zacks Food - Miscellaneous industry. Over the past month, Chefs' Warehouse (CHEF - Free Report) , a stock from the same industry, has gained 4.5%. The company reported its results for the quarter ended June 2026 more than a month ago.

Chefs' Warehouse reported revenues of $1.17 billion in the last reported quarter, representing a year-over-year change of +12.9%. EPS of $0.78 for the same period compares with $0.52 a year ago.

For the current quarter, Chefs' Warehouse is expected to post earnings of $0.61 per share, indicating a change of +22% from the year-ago quarter. The Zacks Consensus Estimate has changed +11.7% over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #1 (Strong Buy) for Chefs' Warehouse. Also, the stock has a VGM Score of B.

Key Takeaways Sysco expects fiscal 2027 sales to grow 6-7% to about $90B, with adjusted EPS up 9-11%.AI-enabled inventory, forecasting, routing and automation are expected to deliver in-year savings of $100M.Sysco's plan assumes restaurant traffic stays broadly like fiscal 2026, while inflation runs about 1.5-2%. Sysco Corporation (SYY - Free Report) enters fiscal 2027 with a higher growth target and a clear efficiency mandate. Management is putting artificial intelligence (AI)-enabled productivity projects at the center of a plan designed to lift earnings faster than sales.

The question for investors is whether those savings can produce firmer margins while Sysco continues funding sales and distribution capacity and restaurant traffic remains soft. Execution on the $100 million cost program is therefore a key fiscal 2027 marker.

Sysco's 2027 Guidance Raises the Growth BarSysco expects fiscal 2027 sales to grow 6-7% to approximately $90 billion. Adjusted EPS is projected to increase 9-11% to $5.02-$5.12 on a 53-week basis.

The outlook represents a step-up from fiscal 2026, when sales rose 3.9% and adjusted EPS increased 3.4%. Excluding the extra week, management expects earnings growth at the high end of its long-term growth algorithm.

SYY's AI Savings Target a $100 Million BoostApproximately $100 million of in-year savings is expected from AI-enabled inventory management, better forecasting, coding efficiency, routing optimization and back-office automation. The identified actions amount to about $160 million on a run-rate basis.

Management said the $100 million is net of investment, with benefits expected to build through the year and be weighted toward the second half. That makes the pace of implementation as important as the headline savings target.

US Foods Holding Corp. (USFD - Free Report) , another major foodservice distributor, reported about a 2% improvement in cases per mile after completing a routing-system deployment. Performance Food Group Company (PFGC - Free Report) , another large North American distributor, says it is integrating AI into the processes while also flagging implementation risk around new technology.

Sysco's Supply Chain Gains Build on Q4 ProgressSysco's fourth-quarter results provide an operating base for the initiative. Adjusted operating income advanced 4.1% to $1.14 billion, while adjusted operating expenses fell 15 basis points as a percentage of sales to 13.5%.

Routing improvements also lifted on-time delivery performance by 10 points compared with customer promise windows. Management expects upgraded routing technology and other supply-chain projects to lower the cost to serve while improving service.

SYY's Growth Plan Still Depends on TrafficThe plan does not assume a restaurant recovery. Fiscal 2027 guidance is built on an industry traffic environment broadly similar to fiscal 2026, when restaurant foot traffic remained down year over year.

The outlook also assumes inflation of roughly 1.5-2%. If inflation runs higher or traffic weakens further, case-volume growth could slow and make Sysco's sales and margin targets harder to reach.

Image Source: Zacks Investment Research

Sysco's Investments Could Delay Margin PayoffSavings will also have to outrun continued spending. Sysco is investing in sales capacity and distribution infrastructure, costs that can absorb part of the benefit from sourcing, productivity and automation.

Fourth-quarter adjusted operating margin was 5.15%, down three basis points year over year. For full-year fiscal 2026, adjusted operating expenses rose 5.1%, faster than gross-profit growth of 4.5%, reinforcing why cost execution matters.

SYY's Near-Term Signal Meets Mixed Style ScoresThe fiscal 2027 setup points to faster earnings growth, but the payoff depends on converting planned AI savings into sustained operating leverage while demand remains subdued. Delivering the targets will require productivity gains to keep pace with investment and pricing pressures.

SYY currently carries a Zacks Rank #2 (Buy), a favorable near-term signal tied to earnings-estimate revisions. Its Value Score of B is supportive for value-focused investors, while the Growth Score of C and VGM Score of C are middling and the Momentum Score of D is weaker. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The combination leaves a mixed style profile around a favorable Zacks Rank. Investors focused on the AI theme may therefore want to watch evidence of cost savings and margin expansion rather than treating the guidance alone as confirmation of the payoff.

 | Source: Sysco Corporation

HOUSTON, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation from the Barclays 19th Annual Global Consumer Conference on Wednesday, Sept. 9, at 12:00 p.m. ET.

The live webcast for the event can be accessed at investors.sysco.com. An archived replay of the webcast will be available shortly after the live event is completed.

For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations section of its website, found at investors.sysco.com, as the primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.

About Sysco

Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 333 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 670,000 customer locations. The company generated sales of more than $84 billion in fiscal year 2026 that ended June 27, 2026.

As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions.

For more information, visit www.sysco.com. For important news and key information for Sysco investors, visit the Investor Relations section of the company’s website at investors.sysco.com.

For more information contact: Kevin KimCassandra MauelInvestor ContactMedia [email protected]@sysco.comT 281-584-1219T 281-584-1390
SYY-INVESTORS

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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Bank of New York Mellon Corp bought a new stake in shares of Sysco Corporation (NYSE:SYY – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,270,199 shares of the company’s stock, valued at approximately $273,323,000. Bank of New York Mellon Corp owned 0.68% of Sysco as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Norges Bank acquired a new position in Sysco in the fourth quarter valued at about $542,780,000. Wellington Management Group LLP raised its position in shares of Sysco by 3,977.1% in the 3rd quarter. Wellington Management Group LLP now owns 4,711,376 shares of the company’s stock valued at $387,935,000 after buying an additional 4,595,819 shares in the last quarter. First Nebraska Trust Co bought a new stake in shares of Sysco during the 1st quarter worth approximately $156,697,000. Goldman Sachs Group Inc. lifted its holdings in shares of Sysco by 45.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 5,651,682 shares of the company’s stock worth $416,472,000 after acquiring an additional 1,754,306 shares during the period. Finally, Royal Bank of Canada boosted its position in shares of Sysco by 128.7% during the 1st quarter. Royal Bank of Canada now owns 2,357,585 shares of the company’s stock worth $168,166,000 after acquiring an additional 1,326,600 shares in the last quarter. 83.41% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Sysco In other Sysco news, EVP Ronald L. Phillips sold 6,285 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $83.94, for a total transaction of $527,562.90. Following the completion of the sale, the executive vice president directly owned 39,970 shares in the company, valued at approximately $3,355,081.80. This trade represents a 13.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John M. Hinshaw bought 13,304 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average cost of $75.17 per share, with a total value of $1,000,061.68. Following the purchase, the director directly owned 40,200 shares of the company’s stock, valued at $3,021,834. This trade represents a 49.46% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.56% of the stock is owned by company insiders.

Sysco News Roundup Here are the key news stories impacting Sysco this week: Positive Sentiment: Sysco appointed Jason Murray, a former Amazon supply-chain technology executive, and Tom Ondrof, a former Aramark CFO, to its board effective September 1. Their expertise in artificial intelligence, logistics, foodservice, finance, and mergers could strengthen execution and governance. Sysco Announces Strategic Board Appointments and AI Transformation Initiatives Positive Sentiment: The company reiterated fiscal 2027 targets of 6%–7% revenue growth and 9%–11% adjusted EPS growth, including a planned $100 million AI-enabled cost-savings program. Sysco is also upgrading its technology committee to oversee the broader AI transformation. Sysco Gains After Highlighting Board Changes and AI Initiatives Positive Sentiment: D.E. Shaw reportedly owns more than $1 billion of Sysco stock and supports the AI strategy and pending Jetro Restaurant Depot acquisition. Its expected participation in the transaction’s capital raise signals institutional confidence in Sysco’s long-term plans. D.E. Shaw Owns More Than $1 Billion Stake in Sysco Positive Sentiment: Sysco declared a quarterly dividend of $0.55 per share, payable October 23 to shareholders of record October 2. The maintained payout provides income support and indicates continued confidence in cash generation. Sysco Declares Quarterly Dividend Payment Neutral Sentiment: Persistent food inflation and uncertainty around tariffs remain industry-wide considerations. Higher food costs can lift Sysco’s reported sales, but may pressure restaurant demand, customer margins, and Sysco’s profitability if costs cannot be passed through. Trump’s 90-Day Inflation Band-Aid Negative Sentiment: The Jetro Restaurant Depot acquisition still carries regulatory, financing, integration, and execution risks. Any delays, dilution, or failure to deliver expected synergies could weigh on SYY despite the positive strategic narrative. Sysco Stock Performance Shares of SYY stock opened at $84.04 on Friday. The business’s 50-day moving average price is $82.65 and its 200-day moving average price is $80.64. Sysco Corporation has a 12 month low of $68.19 and a 12 month high of $91.85. The company has a current ratio of 1.28, a quick ratio of 0.77 and a debt-to-equity ratio of 4.62. The firm has a market capitalization of $40.23 billion, a price-to-earnings ratio of 22.96, a PEG ratio of 2.88 and a beta of 0.64.

Sysco (NYSE:SYY – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.51 by $0.02. Sysco had a net margin of 2.08% and a return on equity of 95.05%. The business had revenue of $22.12 billion for the quarter, compared to the consensus estimate of $21.95 billion. During the same period last year, the company earned $1.48 EPS. The firm’s revenue was up 4.7% compared to the same quarter last year. Sysco has set its FY 2027 guidance at 5.025-5.117 EPS and its Q1 2027 guidance at 1.180-1.200 EPS. Equities research analysts forecast that Sysco Corporation will post 5.12 EPS for the current year.

Sysco Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Friday, October 2nd will be paid a $0.55 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $2.20 annualized dividend and a dividend yield of 2.6%. Sysco’s dividend payout ratio is presently 60.11%.

Analysts Set New Price Targets SYY has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of Sysco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. Morgan Stanley raised their target price on Sysco from $84.00 to $88.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. Sanford C. Bernstein lowered their price target on Sysco from $90.00 to $85.00 and set a “market perform” rating for the company in a report on Wednesday, April 29th. Barclays reduced their price objective on Sysco from $92.00 to $86.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Finally, Melius Research downgraded Sysco from a “hold” rating to a “sell” rating in a research note on Tuesday, July 7th. Nine equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $89.50.

Read Our Latest Stock Analysis on SYY

Sysco Profile (Free Report)

Sysco Corporation (NYSE: SYY) is a global foodservice distribution company that supplies a broad range of food and related products to restaurants, healthcare and educational facilities, lodging establishments, and other foodservice customers. Its core business is the procurement, warehousing and delivery of fresh, frozen and dry food products, complemented by non-food items such as paper goods, kitchen equipment, cleaning supplies and tabletop products. Sysco serves customers through an extensive network of distribution centers and dedicated delivery fleets, positioning itself as a one-stop supplier for operators of all sizes.

Founded in 1969 and headquartered in Houston, Texas, Sysco has grown through both organic expansion and acquisitions.

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Appoints Two New Directors with Expertise in AI, Innovation, Supply Chain Management, Foodservice Distribution

Enhances Board Governance to Accelerate Innovation and Oversee Execution of AI Transformation Initiatives

Building on the Strong, Positive Momentum in its Core Business, Sysco Reiterates its Commitment to Realizing AI-Driven Efficiencies

HOUSTON, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY), the global leader in foodservice distribution, today announced a series of strategic business and corporate governance initiatives, including two new appointments to its Board of Directors, designed to accelerate its enterprise-wide artificial intelligence (AI) transformation, enhance operational performance, and drive long-term shareholder value.

Building on strong momentum and operating performance across its business, Sysco recently announced fiscal 2027 guidance of 6% to 7% revenue growth and 9% to 11% adjusted earnings per share growth, on a 53-week basis, announced on August 4, 2026. At the midpoint, projected earnings growth is at the high end of the Company's long-term financial targets. Included in the outlook is a $100 million cost-savings program enabled by AI-driven process improvements, automation initiatives, and operating efficiencies. These initiatives are expected to continue enhancing customer service, improving productivity across the organization, and expanding operating margins.

"Sysco is uniquely positioned to leverage artificial intelligence to further strengthen our industry leadership, enhance customer service, and improve operating performance," said Kevin Hourican, Chair of the Board and Chief Executive Officer. "We are making deliberate investments in technology, governance, and talent to accelerate our AI transformation and unlock value for our shareholders.”

Adding New Talent to the Board with Artificial Intelligence and Industry Expertise

Sysco today announced the election of two new directors, Jason Murray and Tom Ondrof, effective September 1, 2026. As part of its annual governance process and informed by feedback received during the Company’s annual shareholder engagement process, the Board conducted a robust director search and selected two accomplished executives whose experience will further strengthen the Board's capabilities in AI, technology innovation, foodservice distribution, and supply chain management. With the addition of the two directors, Sysco increased its Board size to 13 directors, effective September 1, 2026.

Jason Murray, Co-Founder and Chief Executive Officer of Shipium Corp., brings nearly three decades of leadership experience spanning technology, e-commerce, logistics, fulfillment, and supply chain optimization. During his 19-year tenure at Amazon, Mr. Murray served in leadership positions of increasing responsibility, ultimately holding Vice President roles overseeing supply chain optimization technology as well as retail systems and services. When data science emerged as a viable transformation agent to supply chains, he spearheaded development and deployment of Amazon’s core supply chain data science technology. As founder and CEO of Shipium, he has helped leading retailers and distribution businesses leverage AI, automation, and advanced fulfillment technologies to improve customer experience and operational performance.

Mr. Murray will serve on Sysco's Artificial Intelligence Transformation & Technology Committee.

Thomas “Tom” Ondrof, former Executive Vice President and Chief Financial Officer of Aramark Corporation, brings more than 30 years of executive leadership experience across the foodservice distribution and business services industries. Throughout his leadership roles at Aramark, Performance Food Group, and Compass Group, Mr. Ondrof developed deep expertise in finance, capital allocation, strategic planning, mergers and acquisitions, investor relations, and enterprise risk management. He has led large-scale financial and operational organizations, overseen significant acquisition and integration activities, and driven transformational business initiatives across complex organizations.

Mr. Ondrof will serve on Sysco's Audit Committee.

Strengthening Board Oversight of Artificial Intelligence

Sysco's Board of Directors has also approved the evolution of its Technology Committee into the Artificial Intelligence Transformation & Technology Committee. This Committee has begun meeting monthly with management to accelerate the adoption of AI-enabled capabilities and ensure effective execution of the Company's enterprise AI transformation agenda. The Committee will continue overseeing technology strategy.

"We are thrilled to welcome Jason and Tom to our Board. Jason brings exceptional experience leading technology-driven supply chain innovation and AI-enabled transformation at scale, while Tom offers deep foodservice expertise and a distinguished track record of financial leadership. Together, they will strengthen our Board as we execute against our long-term growth and profitability objectives," added Hourican.

Continuing Collaboration with Shareholders, Including the D. E. Shaw Group

Sysco maintains an ongoing dialogue with shareholders as part of its commitment to strong corporate governance and long-term value creation, regularly soliciting feedback to enhance shareholder value. Sysco has benefitted from its long-standing relationship with the D. E. Shaw group, which has been an investor in the Company for more than a decade. The firm has supported Sysco's efforts to accelerate AI-driven transformation by facilitating introductions to leading technology providers, industry experts, and highly qualified director candidates.

The firm has expressed confidence in Sysco's strategy, including the value creation opportunities associated with the Company's pending acquisition of Jetro Restaurant Depot (“JRD”). In support of the JRD acquisition, the D. E. Shaw group currently expects to be a participant in the capital raise for the upcoming transaction.

"We value the perspectives we receive from our shareholders and appreciate the D. E. Shaw group's continued confidence in Sysco as we advance our transformation strategy," said Hourican. "Their engagement has helped us broaden our access to leading technology capabilities and strategic perspectives that are accelerating our ability to deploy practical AI solutions across the enterprise and deliver meaningful operational improvements."

“Today's changes, combined with Sysco's strong market position and attractive business model, position the Company to create sustainable value through AI-driven transformation," said Michael O'Mary, Managing Director at D. E. Shaw & Co., L.P. "We are encouraged by Sysco's increased focus on AI-enabled operational improvement and by the addition of two highly qualified directors. Messrs. Murray and Ondrof bring expertise well-suited to help the management team, Board, and AI Transformation & Technology Committee capitalize on the opportunity to deploy AI across Sysco's business. As long-term shareholders, we are excited to partner with Sysco in support of its AI transformation and confident in the value creation opportunities ahead, including the Restaurant Depot acquisition.”

About Sysco

Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 333 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 670,000 customer locations. The company generated sales of more than $84 billion in fiscal year 2026 that ended June 27, 2026.

As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions.

For more information, visit www.sysco.com. For important news and key information for Sysco investors, visit the Investor Relations section of the company’s website at investors.sysco.com.

Forward-Looking Statements

Statements made in this press release include statements that are forward-looking or that express management’s beliefs, expectations or hopes and are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements about our future financial performance and results, business strategy, plans, goals and objectives, including the potential benefits of cost-savings driven by AI and the potential benefits of the JRD Acquisition. Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions, including those outside of Sysco’s control. Risks and uncertainties include without limitation: the impact of geopolitical, economic and market conditions and developments, including changes in global trade policies and tariffs and foreign conflicts; risks related to our business initiatives; periods of significant or prolonged inflation or deflation and their impact on our product costs, volume, foot traffic, and profitability generally; risks related to our efforts to implement our transformation initiatives and meet our other long-term strategic objectives; risks of interruption of supplies and increase in product costs; risks related to changes in consumer eating habits; and impact of natural disasters or adverse weather conditions, public health crises, adverse publicity or lack of confidence in our products, and product liability claims as well as risks and uncertainties associated with our proposed transaction with JRD, including but not limited to, the occurrence of any event, change or other circumstances that could give rise to the right of either or both parties to terminate the merger agreement; the risk that regulatory approvals may not be obtained or other closing conditions may not be satisfied in a timely manner or at all, as well as the risk that regulatory approvals are obtained subject to conditions that are not anticipated; the risk of other delays in closing the transaction; the possibility that any of the anticipated benefits and projected synergies of the transaction will not be realized or will not be realized within the expected time period; and the risk that the proposed transaction and its announcement could have an adverse effect on the market price of the common stock of Sysco. Should one or more of these risks or uncertainties materialize, or underlying assumptions prove incorrect, actual results may vary materially from those indicated in our forward-looking statements. Therefore, you should not place undue reliance on any of the forward-looking statements contained herein. For more information on these risks and other concerning factors that could cause actual results to differ from those expressed or forecasted, see our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the SEC. We do not undertake to update our forward-looking statements, except as required by applicable law.

For more information contact:   Kevin KimCassandra MauelInvestor ContactMedia [email protected]@sysco.comT 281-584-1219T 281-584-1390   SYY-INVESTORS

Baxter Bros Inc. acquired a new position in Sysco Corporation (NYSE: SYY) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 23,700 shares of the company's stock, valued at approximately $1,981,000. Other institutional investors have also added to or reduced their stakes

Sysco CEO Kevin Hourican joins 'Mad Money' host Jim Cramer to talk quarterly results, its Restaurant Depot acquisition, food safety and more.

3 Defensive Stock Alternatives to Bonds If Interest Rates DropSysco NYSE: SYY reported fourth-quarter fiscal 2026 results that exceeded its prior expectations for adjusted earnings per share and U.S. foodservice volumes, citing accelerating local customer growth, supply-chain productivity gains and early benefits from efficiency initiatives.

Chief Executive Officer Kevin Hourican said the company generated more than $22 billion in quarterly revenue, up 4.7% from the prior-year period, while adjusted earnings per share reached $1.53. For the full fiscal year, Sysco reported adjusted EPS of $4.61, above its previously provided guidance range.

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Today’s market could make Sysco stock break out, will it?“Our business momentum accelerated on a two-year stack basis,” Hourican said, adding that the company expects that momentum to continue into fiscal 2027.

Local, National and International Volumes Rise Sysco’s U.S. Foodservice, or USFS, local case volumes increased 2.6% in the fourth quarter. The company said local case growth improved 130 basis points sequentially on a two-year stacked basis, with June representing the strongest month of the quarter on both a one- and two-year basis.

Are defensive sectors ready to outshine growth in 2024?Local case growth was 0.5% in the first half of fiscal 2026 and 2.9% in the second half, according to Hourican. He attributed the improvement to better sales-colleague retention and productivity, as well as targeted growth programs including Sysco Your Way, Perks 2.0 and the company’s AI 360 sales tool.

Sysco said AI 360 is intended to identify selling opportunities, including opportunities to convert customers to Sysco Brand products. The company’s independent customer business grew faster than the overall industry as it exited the fiscal year, Hourican said.

Sysco Brand mix in the local business rose 30 basis points year over year to 46.4% in the fourth quarter. Sales of the company’s value-tier items grew four times faster than its overall business, which Hourican said represented new cases from customers previously purchasing comparable products from competitors.

National contract case volume also rose 2.6%, supported by growth in healthcare, travel and hospitality, and foodservice management. That growth was partly offset by industrywide softness in national restaurant traffic. Sysco said it expects positive national contract volume growth in fiscal 2027, despite continued pressure on restaurant foot traffic.

International local case volume grew 4.5%, while international sales increased 6.7%, gross profit rose 7.3% and adjusted operating income increased 15.7%. The quarter marked Sysco’s 11th consecutive quarter of double-digit adjusted operating-income growth in its international segment.

Profit Growth and Supply-Chain Productivity Quarterly gross profit increased 3.7% to $4.1 billion, although gross margin declined 17 basis points to 18.7%. Interim Chief Financial Officer Brandon Sewell said gross-margin comparisons were affected by unusually large strategic-sourcing benefits in the prior-year fourth quarter and higher fuel costs during the latest period.

Adjusted operating expenses grew 3.6%, slower than gross profit and revenue. Adjusted operating income increased 4.1% to $1.1 billion, and adjusted EBITDA rose 4.7% to $1.3 billion.

The company said warehouse and delivery operations achieved their productivity targets for the year. On-time delivery performance improved by 10 percentage points versus customer promise windows during the fourth quarter, while routing initiatives lowered cost to serve. Sysco also reported its third consecutive year of reducing miles driven and improving pieces per mile.

For fiscal 2026, free cash flow rose 16.3% to $2.1 billion. Sysco ended the quarter with a net debt leverage ratio of 2.7 times. The company paid $1 billion in dividends during the year and repurchased $200 million in shares before suspending annual repurchases in connection with its planned Restaurant Depot transaction.

Fiscal 2027 Outlook Includes Extra Week and Cost Savings Sysco’s fiscal 2027 outlook is based on the standalone business and includes a 53rd week. The company expects net sales growth of approximately 6% to 7%, reaching roughly $90 billion, including about 1.5% to 2% inflation and roughly 2% growth from the additional week.

USFS local case growth of approximately 2.5%. Adjusted EPS growth of 9% to 11%, or approximately $5.02 to $5.12 per share. First-quarter adjusted EPS of approximately $1.18 to $1.20. Approximately $100 million of in-year cost savings, representing about $160 million on a run-rate basis. About $1 billion in dividends and continued double-digit profit growth in the international segment. Management said the cost-savings program includes AI-enabled projects across sales, merchandising, supply chain and back-office operations. Sewell said savings will begin toward the end of the first quarter and be weighted toward the second half of the year, with a greater contribution from USFS.

Hourican said the company’s work includes upgraded routing software, improved inventory forecasting, technology tools for indirect procurement and AI-assisted contract management. He said the initiatives are intended to improve customer service while reducing administrative work and structural operating costs.

Restaurant Depot Deal Remains Targeted for Third Quarter Sysco reiterated that it expects to close its acquisition of Restaurant Depot by the third quarter of fiscal 2027. The company received a second request from the Federal Trade Commission during the quarter, which Hourican said was expected.

Management said the transaction is expected to produce $250 million of cost synergies through procurement and expand the Restaurant Depot format to more than 125 new geographies over time. Sysco also said it does not intend to raise prices at Restaurant Depot stores and believes combined purchasing and supply-chain capabilities could strengthen the retailer’s value offering.

Restaurant Depot leadership told Sysco that sales grew approximately 4% in its most recently completed calendar quarter, with operating margins in line with expectations, according to Hourican.

Sysco said it remains focused on preserving cash, improving working capital and reducing debt after the transaction. In June, the company added $2 billion of interest-rate hedges related to transaction financing. Management said excess cash flow generated through efficiency improvements will be directed toward faster deleveraging.

About Sysco (NYSE:SYY)Sysco Corporation NYSE: SYY is a global foodservice distribution company that supplies a broad range of food and related products to restaurants, healthcare and educational facilities, lodging establishments, and other foodservice customers. Its core business is the procurement, warehousing and delivery of fresh, frozen and dry food products, complemented by non-food items such as paper goods, kitchen equipment, cleaning supplies and tabletop products. Sysco serves customers through an extensive network of distribution centers and dedicated delivery fleets, positioning itself as a one-stop supplier for operators of all sizes.

Founded in 1969 and headquartered in Houston, Texas, Sysco has grown through both organic expansion and acquisitions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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