Sysco (NYSE:SYY) Issues FY 2027 Earnings Guidance

Sysco (NYSE:SYY) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 5.025-5.117 for the period, compared to the consensus EPS 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

Shares of NYSE SYY traded up $1.48 during trading on Wednesday, reaching $84.27. The stock had a trading volume of 359,107 shares, compared to its average volume of 4,187,767. Sysco has a one year low of $68.19 and a one year high of $91.85. The company has a debt-to-equity ratio of 5.58, a quick ratio of 0.80 and a current ratio of 1.33. The stock has a market cap of $40.34 billion, a PE ratio of 23.34, a P/E/G ratio of 3.35 and a beta of 0.64. The firm’s 50 day moving average price is $80.79 and its two-hundred day moving average price is $80.28.

Sysco (NYSE:SYY) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.02. Sysco had a return on equity of 103.57% and a net margin of 2.08%.The firm had revenue of $22.12 billion for the quarter, compared to analysts’ expectations of $21.95 billion. During the same period last year, the business posted $1.48 earnings per share. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. Sysco has set its FY 2027 guidance at 5.025-5.117 EPS and its Q1 2027 guidance at 1.180-1.200 EPS. On average, research analysts forecast that Sysco will post 4.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SYY. Morgan Stanley lifted their price target 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. Deutsche Bank Aktiengesellschaft cut shares of Sysco from a “buy” rating to a “hold” rating and set a $84.00 target price on the stock. in a report on Tuesday, April 28th. Citigroup restated a “neutral” rating on shares of Sysco in a research note on Wednesday, July 22nd. Melius Research cut Sysco from a “hold” rating to a “sell” rating in a research report on Tuesday, July 7th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Sysco in a report on Friday, June 26th. Eight equities 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 company. According to data from MarketBeat, Sysco presently has an average rating of “Hold” and an average price target of $88.58.

Insider Transactions at Sysco

In other Sysco news, Director John M. Hinshaw bought 13,304 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased at an average cost of $75.17 per share, for a total transaction of $1,000,061.68. Following the transaction, the director directly owned 40,200 shares in the company, valued at $3,021,834. The trade was a 49.46% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.56% of the stock is owned by company insiders.

Key Stories Impacting Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Quarterly results exceeded expectations. Sysco reported $22.12 billion in sales, above the $21.95 billion consensus, while adjusted EPS of $1.53 topped estimates of $1.51. Revenue increased 4.7% year over year, supported by stronger U.S. and international demand. Sysco Corporation tops estimates as it points to growing momentum in the U.S.
• Positive Sentiment: Management issued an optimistic FY2027 outlook. Sysco forecast 6%–7% sales growth and 9%–11% adjusted EPS growth, above analyst expectations for approximately 5% EPS growth. The outlook includes about $100 million in cost savings from supply-chain, automation and AI-related initiatives. Sysco FY2026 results and FY2027 guidance
• Positive Sentiment: U.S. foodservice case volume rose 2.5%, international sales grew 6.7%, and quarterly operating income increased 10.6% to $983 million. Sysco also returned approximately $1.2 billion to shareholders through dividends and share repurchases.
• Neutral Sentiment: The planned acquisition of Jetro Restaurant Depot remains an important investor focus. Sysco cited transaction-related financing costs, while investors continue to assess the deal’s potential synergies, leverage and integration risks.
• Negative Sentiment: Food-safety concerns are weighing on sentiment. CEO Kevin Hourican said Sysco stopped purchasing iceberg lettuce from Mexico and Taylor Farms amid a U.S. cyclosporiasis outbreak. The move could disrupt supply and increase costs, while the related publicity creates near-term reputational risk. Sysco lettuce purchasing suspension
• Negative Sentiment: Despite the adjusted earnings beat, fourth-quarter gross margin declined 17 basis points to 18.7%. Fiscal-year GAAP net earnings fell 3.9%, and Sysco’s high debt burden may make investors more cautious about financing the proposed acquisition.

Institutional Investors Weigh In On Sysco

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Citizens Bank & Trust Co. boosted its stake in Sysco by 1.2% during the 4th quarter. First Citizens Bank & Trust Co. now owns 11,224 shares of the company’s stock valued at $827,000 after purchasing an additional 138 shares in the last quarter. Arax Advisory Partners lifted its holdings in shares of Sysco by 2.4% in the fourth quarter. Arax Advisory Partners now owns 6,222 shares of the company’s stock valued at $458,000 after buying an additional 145 shares during the period. DF Dent & Co. Inc. boosted its stake in Sysco by 2.6% during the fourth quarter. DF Dent & Co. Inc. now owns 6,576 shares of the company’s stock valued at $485,000 after buying an additional 166 shares in the last quarter. Rossby Financial LCC grew its holdings in Sysco by 17.8% during the fourth quarter. Rossby Financial LCC now owns 1,119 shares of the company’s stock worth $82,000 after acquiring an additional 169 shares during the period. Finally, Equitable Holdings Inc. grew its holdings in Sysco by 4.2% during the third quarter. Equitable Holdings Inc. now owns 4,520 shares of the company’s stock worth $372,000 after acquiring an additional 183 shares during the period. Institutional investors own 83.41% of the company’s stock.

Sysco Company Profile

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.