SYY · Consumer
SYSCO CORP
Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window
News · 2026-08-08
- Market Demand TrendsImportance 37 · Surprise 32Sysco’s fiscal fourth-quarter sales increased 4.7%, while U.S. Foodservice volume rose 2.5% and U.S. local volume rose 2.6% year over year. Reuters reported increased orders from both local and international customers,…
News · 2026-08-07
- Market Demand TrendsImportance 37 · Surprise 32Sysco’s fiscal fourth-quarter sales increased 4.7%, while U.S. Foodservice volume rose 2.5% and U.S. local volume rose 2.6% year over year. Reuters reported increased orders from both local and international customers,…
News · 2026-08-06
- Supply Chain ConstraintsImportance 34 · Surprise 42Sysco halted purchases and distribution of processed iceberg lettuce sourced from Mexico after a U.S. cyclosporiasis outbreak was linked to Taylor Farms de Mexico lettuce. The company had stopped sales and distribution…
News · 2026-08-05
- Market Demand TrendsImportance 37 · Surprise 32Sysco’s fiscal fourth-quarter sales increased 4.7%, while U.S. Foodservice volume rose 2.5% and U.S. local volume rose 2.6% year over year. Reuters reported increased orders from both local and international customers,…
8-K · 2026-08-04
- Guidance / OutlookImportance 74 · Surprise 68Sysco introduced fiscal 2027 guidance for 6%-7% sales growth and 9%-11% adjusted EPS growth on a 53-week basis. Management expects positive momentum to continue in FY27 and targets approximately $100 million of…
- Acquisition / Partnership / DivestitureImportance 67 · Surprise 92Fiscal 2026 acquisition-related costs were $232 million, including $147 million of intangible amortization and $85 million of acquisition and due-diligence costs, versus $160 million in fiscal 2025. The release…
- Headcount / RestructuringImportance 59 · Surprise 82Fiscal 2026 restructuring and transformation costs totaled $287 million, compared with $183 million in fiscal 2025, a $104 million increase. The fiscal 2026 amount included $71 million for restructuring, severance, and…
- Revenue Performance and MixImportance 49 · Surprise 32Fiscal 2026 sales increased 3.9% to $84.6 billion, while fourth-quarter sales increased 4.7% to $22.1 billion. U.S. Foodservice sales increased 3.2% to $58.8 billion for the year and 4.4% to $15.4 billion in the fourth…
- Gross Margin DriversImportance 49 · Surprise 32Fiscal 2026 gross profit increased 4.5% to $15.6 billion and gross margin expanded 10 basis points to 18.5%. Fourth-quarter gross margin declined 17 basis points to 18.7% as product cost inflation reached 2.8%,…
- Operating Expense TrendsImportance 49 · Surprise 32Fiscal 2026 operating expenses increased 5.6% to $12.5 billion, driven by sales headcount and capacity investments, higher incentive compensation, and acquisition-related costs, partly offset by cost-out efficiencies.…
- Free Cash FlowImportance 48 · Surprise 40Net cash provided by operating activities increased $128 million to $2,638 million for the 52-week period ended June 27, 2026, from $2,510 million in the prior-year period. Additions to plant and equipment declined…
- Capital Return ProgramImportance 44 · Surprise 46Sysco returned approximately $1.2 billion to shareholders during fiscal 2026. The capital return consisted of $1.0 billion of dividends and $200 million of share repurchases. Cash dividends paid increased to $1.037…
- Liquidity and Debt PositionImportance 42 · Surprise 14Sysco reported $12.3 billion of long-term debt at June 27, 2026, compared with $12.4 billion a year earlier. Current maturities of long-term debt increased to $1.2 billion from $949 million, while total long-term debt…
- AI-Enabled Business TransformationImportance 40 · Surprise 42Sysco is advancing a multi-year AI-enabled business transformation program across the enterprise. For fiscal 2027, the company expects approximately $100 million of combined cost-outs, including carry-forward benefits…
- Capacity and Sales InvestmentsImportance 34 · Surprise 42U.S. Foodservice reported planned investments in sales headcount and expanded capacity alongside positive case growth. Enterprise operating expenses were also affected by sales headcount and capacity investments,…
- Interest Rate and Refinancing ExposureImportance 34 · Surprise 42Sysco incurred a $54 million fiscal 2026 loss on deal-contingent rate lock transactions. The transactions were entered into to mitigate interest-rate risk on future permanent debt that could potentially finance the…
- Market Demand TrendsImportance 31 · Surprise 32Sysco reported positive case growth across local and national customers in U.S. Foodservice and across its international businesses. Fourth-quarter U.S. Foodservice total case volume increased 2.5%, including 2.6%…
- Products and TechnologyImportance 31 · Surprise 42Sysco reported improved mix from higher Sysco Brand penetration, with Sysco Brand sales representing 35.5% of U.S. Broadline cases and 46.4% of Local cases in the fourth quarter. The company’s portfolio includes fresh…
- Supply Chain ProductivityImportance 31 · Surprise 32Sysco said continued productivity gains from its supply chain supported year-over-year profit growth across all four business segments. U.S. Foodservice results included supply chain productivity improvements, while…
- Geographic Market CommentaryImportance 31 · Surprise 32Domestic demand remained positive, with U.S. Foodservice fourth-quarter total case volume up 2.5% and local case volume up 2.6%. International Foodservice delivered stronger sales growth, with fourth-quarter sales up…
- FX / Currency ImpactImportance 24 · Surprise 14Foreign exchange movements materially increased reported fiscal 2026 results for Sysco’s International Foodservice Operations. FX increased International Foodservice Operations sales by $523 million, or 3.5%, and total…
- Income Tax Rate ChangesImportance 23 · Surprise 22Fiscal 2026 income taxes declined to $519 million from $587 million despite pretax earnings of $2.276 billion. Cash income taxes paid, net of refunds, declined to $477 million from $640 million. The company disclosed…
News · 2026-08-04
- Guidance / OutlookImportance 74 · Surprise 68Sysco issued fiscal 2027 guidance for 6%–7% sales growth and 9%–11% adjusted EPS growth on a 53-week basis. Management expects approximately $100 million of FY2027 efficiency improvements from an AI-powered…
- AI Efficiency ProgramImportance 44 · Surprise 42Sysco included approximately $100 million of fiscal 2027 efficiency improvements in its outlook from an AI-powered transformation of business processes and customer engagement. The initiatives are expected to address…
- Operating Income and MarginsImportance 42 · Surprise 40Fourth-quarter gross profit increased 3.7% year over year to $4.1 billion. Operating income increased 10.6% to $983 million, while adjusted operating income increased 4.1% to $1.1 billion. EBITDA increased 5.4% to $1.2…
- Revenue Performance and MixImportance 37 · Surprise 32Sysco’s fiscal fourth-quarter 2026 sales increased 4.7% year over year to approximately $22.12 billion, exceeding the $21.94 billion analyst consensus. U.S. Foodservice volume increased 2.5%, while U.S. local volume…
- Restaurant Depot AcquisitionImportance 37 · Surprise 42Sysco reiterated its expectation to close the Restaurant Depot acquisition by the third quarter of fiscal 2027. The transaction remains subject to regulatory review, including an FTC second request. The digest did not…
- Market Demand TrendsImportance 37 · Surprise 32Sysco’s fiscal fourth-quarter sales increased 4.7%, while U.S. Foodservice volume rose 2.5% and U.S. local volume rose 2.6% year over year. Reuters reported increased orders from both local and international customers,…
- Quarterly Dividend DeclarationImportance 17 · Surprise 24Sysco announced an increase to its quarterly dividend in connection with its fiscal fourth-quarter results. The digest did not report the new per-share dividend, effective date, or annualized cash commitment. The…