SYY · 10-Q · 2026Q3 · Full report
Guidance / Outlook
SYSCO CORP · 2026-11-04 · Importance 67 · Surprise 50
Sysco expects sales growth at the lower end of its 6% to 7% range for fiscal 2027, reflecting lower industry inflation, partially offset by the fiscal year’s 53rd week. Enterprise inflation was approximately 0.3% in the first quarter, and management now expects full-year fiscal 2027 inflation of approximately 1.0% to 1.5%, driven by moderate inflation in poultry, dairy, and meat. Management expects inflation to increase over the course of the fiscal year for U.S. Foodservice Operations and the enterprise overall.
Key facts
- Sysco fiscal 2027 is a 53-week year ending July 3, 2027. source
- Despite continued softness in restaurant traffic, Sysco generated local case volume growth in the first quarter of fiscal 2027 and expects sales to continue growing for the remainder of fiscal 2027. source
- Sysco expects sales growth at the lower end of its 6% to 7% range, reflecting lower industry inflation partly offset by the benefit of a 53rd week in fiscal 2027. source
- Sysco expects inflation to increase during fiscal 2027 for U.S. Foodservice Operations and the enterprise overall. source
- Sysco expects fiscal 2027 full-year inflation of approximately 1.0% to 1.5%, based on expected moderate inflation in poultry, dairy, and meat. source