Sysco's Profit Outlook Skims Below Wall Street Targets -- Market Talk
Dow Jones
Jul 30, 2025
1302 ET - Sysco's fiscal 2026 guidance for $4.50 to $4.60 a share is a touch below the consensus estimate of analysts polled by FactSet, pressuring shares. But its midpoint of $4.55 a share is right in line with the consensus of BMO Capital Markets analysts, they say in a research note. It reflects some year-over-year growth of about 1% to 3% and is closer to the range of targets from buy-side analysts, they say. The outlook also appropriately accounts for headwinds from incentive bonuses that will hurt the bottom line and largely come into play during 3Q of the company's fiscal year ahead, the analysts say. Sysco slides 2.3% to $78.51. (dean.seal@wsj.com)
(END) Dow Jones Newswires
July 29, 2025 13:02 ET (17:02 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.