SYY · 8-K · 20260909PR002526
Guidance / Outlook
SYSCO CORP · 2026-09-09 · Importance 53 · Surprise 32 · No source text
Sysco reaffirmed fiscal 2027 sales growth guidance of 6%–7% and adjusted EPS growth of 9%–11%, with guidance dated September 9, 2026. Sales expectations include volume growth, inflation of approximately 1.5%–2%, and approximately 2% from the 53rd week; the local case growth target is approximately 2.5% on a comparable 52-week basis. Management expects high-end adjusted EPS growth within its earnings algorithm, including approximately $100 million of cost reductions, U.S. Foodservice segment profit growth, double-digit International segment profit growth, and $1 billion in dividends.
Key facts
- Sysco projected FY27 net sales of approximately $90 billion at the midpoint, versus $84.6 billion in FY26, $81.4 billion in FY25, $78.8 billion in FY24, and $76.3 billion in FY23. source
- Sysco expected FY27 sales of approximately $90 billion based on the midpoint of its 6%-7% guidance range, as of September 9, 2026. source
- Sysco projected approximately 2.5% U.S. Foodservice local case growth in FY27, reflecting a two-year stack of more than 400 basis points. source
- Sysco reaffirmed FY27 sales growth guidance of 6%-7%. source
- Sysco expected FY27 adjusted EPS growth of 9%-11%, with growth at the high end of its earnings algorithm. source
- Sysco targeted approximately 2.5% local case growth in 2027, on a comparable 52-week basis. source
- Sysco's FY28-FY29 financial algorithm targeted sales growth of 4%-7%, adjusted EPS growth of 9%-11%, and total shareholder return of 12%-14%. source
- Sysco raised its mid-term sales growth algorithm from 4%-6% to 4%-7%. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +21.1% | Sysco projected FY27 net sales of approximately $90 billion at the midpoint, versus $84.6 billion in FY26, $81.4 billion in FY25, $78.8… |
| revenue | positive | committed | +4.7% | Sysco's FY28-FY29 financial algorithm targeted sales growth of 4%-7%, adjusted EPS growth of 9%-11%, and total shareholder return of… |
| net_income | positive | committed | — | Sysco expected FY27 adjusted EPS growth of 9%-11%, with growth at the high end of its earnings algorithm. |
| net_income | positive | committed | — | Sysco's FY28-FY29 financial algorithm targeted sales growth of 4%-7%, adjusted EPS growth of 9%-11%, and total shareholder return of… |
| operating_income | positive | probable | — | Sysco expected FY27 U.S. Foodservice segment profit growth. |
| operating_income | positive | committed | — | Sysco expected double-digit profit growth for its International segment in FY27. |
| revenue | positive | committed | — | Sysco's net sales CAGR from FY23 through FY27E was 4%, and its adjusted EPS CAGR was 6%. |
| net_income | positive | committed | — | Sysco's net sales CAGR from FY23 through FY27E was 4%, and its adjusted EPS CAGR was 6%. |