SYY · 10-K · 2026A · Full report

Macroeconomic Consumer Pressure

SYSCO CORP · 2026-08-21 · Importance 37 · Surprise 32

During fiscal 2026, Sysco experienced negative year-over-year restaurant foot traffic trends. Management expects restaurant foot traffic and the broader macroeconomic environment in fiscal 2027 to remain generally consistent with fiscal 2026 conditions. The company reported 3.0% total-enterprise product cost inflation in fiscal 2026, primarily driven by meat, seafood, and fresh produce, and expects inflation of approximately 1.5% to 2.0% in fiscal 2027.

Key facts

• Unfavorable conditions in the Americas and Europe, changes in global trade policies and tariffs, foreign conflicts, and foreign exchange rate changes could affect Sysco’s business, results of operations, and financial condition. source
• Changes in consumer eating habits, including reduced consumer confidence, discretionary spending, or consumption of food prepared away from home due to pharmaceutical therapy advancements, could materially and adversely affect Sysco’s business, financial condition, or results of operations. source