Sysco (NYSE:SYY) Updates FY 2027 Earnings Guidance

Posted by on Aug 4th, 2026

Sysco (NYSE:SYY – Get Free Report) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.025-5.117 for the period, compared to the consensus estimate of 4.960. The company issued revenue guidance of $89.6 billion-$90.5 billion, compared to the consensus revenue estimate of $88.7 billion. Sysco also updated its Q1 2027 guidance to 1.180-1.200 EPS.

Sysco Stock Performance

Sysco stock traded down $1.96 during midday trading on Tuesday, reaching $83.02. 3,337,323 shares of the company traded hands, compared to its average volume of 4,181,706. The business has a 50 day moving average of $80.63 and a two-hundred day moving average of $80.24. The firm has a market capitalization of $39.74 billion, a price-to-earnings ratio of 23.04, a price-to-earnings-growth ratio of 3.36 and a beta of 0.64. The company has a debt-to-equity ratio of 5.58, a current ratio of 1.33 and a quick ratio of 0.80. Sysco has a 12 month low of $68.19 and a 12 month high of $91.85.

Sysco (NYSE:SYY – Get Free Report) last posted 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. Sysco had a return on equity of 103.57% and a net margin of 2.08%.The company had revenue of $22.12 billion during the quarter, compared to analysts’ expectations of $21.95 billion. During the same quarter in the prior year, the business earned $1.48 earnings per share. Sysco’s revenue for the quarter 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, research analysts predict that Sysco will post 4.59 earnings per share for the current year.

Analyst Ratings Changes

SYY has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sysco in a report on Friday, June 26th. Deutsche Bank Aktiengesellschaft downgraded shares of Sysco from a “buy” rating to a “hold” rating and set a $84.00 price objective for the company. in a report on Tuesday, April 28th. Morgan Stanley raised their target price on shares of 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 objective on shares of Sysco from $90.00 to $85.00 and set a “market perform” rating for the company in a research report on Wednesday, April 29th. Finally, Barclays dropped their price target on Sysco from $92.00 to $86.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Eight research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $88.00.

View Our Latest Research Report on SYY

Insider Activity at Sysco

In other news, Director John M. Hinshaw purchased 13,304 shares of the stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average cost of $75.17 per share, with a total value of $1,000,061.68. Following the completion of the purchase, the director directly owned 40,200 shares of the company’s stock, valued at approximately $3,021,834. The trade was a 49.46% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.56% of the stock is owned by company insiders.

Trending Headlines about Sysco

Here are the key news stories impacting Sysco this week:

  • Positive Sentiment: Fourth-quarter results exceeded expectations. Adjusted EPS was $1.53 versus the $1.51 consensus, while revenue rose 4.7% year over year to $22.12 billion, ahead of the $21.95 billion estimate. Sysco Surpasses Q4 Earnings and Revenue Estimates
  • Positive Sentiment: Demand and operating performance improved. U.S. foodservice case volume increased 2.5%, local volume rose 2.6%, and international sales advanced 6.7%. Quarterly operating income climbed 10.6% to $983 million, supported by supply-chain productivity and stronger restaurant orders. Food Distributor Sysco Beats Quarterly Sales Estimates
  • Positive Sentiment: Fiscal 2027 guidance was above consensus. Sysco projects 6%-7% sales growth, $89.6 billion-$90.5 billion in revenue and adjusted EPS growth of 9%-11%; its EPS range of $5.025-$5.117 exceeds the $4.96 consensus. The outlook includes approximately $100 million in cost savings from AI-enabled productivity initiatives. Sysco Reports Fiscal Fourth Quarter and Full Year Results
  • Neutral Sentiment: Sysco generated $2.1 billion in fiscal 2026 free cash flow and returned approximately $1.2 billion to shareholders through dividends and repurchases. An insider purchase of roughly $1 million may provide modest investor support, although institutional ownership changes were mixed.
  • Negative Sentiment: Profitability remains a concern. Fourth-quarter gross margin declined 17 basis points to 18.7%, while fiscal 2026 GAAP net earnings fell 3.9% and diluted EPS declined 1.9%. Full-year operating income grew only 0.2% on a GAAP basis.
  • Negative Sentiment: Leverage and execution risks remain. Net debt was approximately 2.7 times adjusted EBITDA, and the planned Jetro Restaurant Depot acquisition carries financing, integration and synergy risks. These concerns may explain why the stock has decreased even after the earnings and guidance beats.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Corient Private Wealth LLC increased its stake in shares of Sysco by 1.7% during the 4th quarter. Corient Private Wealth LLC now owns 193,688 shares of the company’s stock valued at $13,847,000 after acquiring an additional 3,170 shares during the last quarter. Alberta Investment Management Corp purchased a new stake in shares of Sysco during the fourth quarter valued at approximately $5,151,000. Mercer Global Advisors Inc. ADV lifted its holdings in Sysco by 93.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 108,393 shares of the company’s stock worth $7,725,000 after buying an additional 52,319 shares in the last quarter. Summit Global Investments purchased a new stake in Sysco during the 4th quarter worth approximately $1,552,000. Finally, Beacon Pointe Advisors LLC increased its holdings in Sysco by 9.5% in the fourth quarter. Beacon Pointe Advisors LLC now owns 17,844 shares of the company’s stock valued at $1,315,000 after buying an additional 1,544 shares during the last quarter. 83.41% of the stock is owned by hedge funds and other institutional investors.

About Sysco

(Get 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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