Sysco Guides for More Sales Growth in Fiscal 2026

Dow Jones
Jul 29
 

By Dean Seal

 

Sysco is guiding for sales to keep rising in the fiscal year ahead after recording revenue gains and seeing strong momentum coming out of the latest completed quarter.

The Houston-based foodservice distributor on Tuesday said it expects sales to rise 3% to 5% for fiscal 2026, which started at the end of last month, to between $84 billion and $85 billion. Analysts surveyed by FactSet had been targeting $84.42 billion.

Adjusted earnings meanwhile are projected to hit $4.50 to $4.60 a share, beneath current analyst forecasts for $4.67 a share.

Shares ticked down 3.9% to $77.21 in premarket trading.

For the fiscal fourth quarter ended June 28, Sysco posted a profit of $531 million, or $1.10 a share, compared with $612 million, or $1.23 a share, in the same quarter a year earlier.

Stripping out one-time items, adjusted earnings were $1.48 a share. Analysts surveyed by FactSet had been expecting $1.39 a share.

Sales rose 2.8% to $21.14 billion, above estimates for $21.03 billion, according to FactSet.

The company's U.S. foodservice operations business saw slightly lower volumes from negative industry food traffic, though sales were up overall.

Chief Executive Kevin Hourican said the company ended the quarter with strong momentum that has continued into July.

 

Write to Dean at dean.seal@wsj.com

 

(END) Dow Jones Newswires

July 29, 2025 08:31 ET (12:31 GMT)

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