Sysco (NYSE:SYY) Issues Q1 2027 Earnings Guidance

Sysco (NYSE:SYY) updated its first quarter 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.180-1.200 for the period, compared to the consensus earnings per share estimate of 1.190. The company issued revenue guidance of -. Sysco also updated its FY 2027 guidance to 5.025-5.117 EPS.

Sysco Stock Performance

Shares of NYSE SYY traded up $1.75 during mid-day trading on Wednesday, reaching $84.54. 1,698,899 shares of the company were exchanged, compared to its average volume of 4,195,557. The stock has a market capitalization of $40.47 billion, a P/E ratio of 23.44, a P/E/G ratio of 3.35 and a beta of 0.64. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 5.58. The company’s 50-day simple moving average is $80.79 and its 200-day simple moving average is $80.28. Sysco has a twelve month low of $68.19 and a twelve month high of $91.85.

Sysco (NYSE:SYY) last announced its quarterly earnings results 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 net margin of 2.08% and a return on equity of 103.57%. The business had revenue of $22.12 billion for the quarter, compared to analyst estimates of $21.95 billion. During the same quarter in the prior year, the business earned $1.48 EPS. Sysco’s quarterly revenue 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. As a group, research analysts predict that Sysco will post 4.59 earnings per share for the current year.

Wall Street Analyst Weigh In

SYY has been the subject of a number of recent research reports. Piper Sandler reissued a “neutral” rating and issued a $84.00 target price (up from $77.00) on shares of Sysco in a research report on Wednesday. UBS Group restated a “buy” rating on shares of Sysco in a research report on Wednesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sysco in a research report on Friday, June 26th. Wall Street Zen cut Sysco from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Citigroup restated a “neutral” rating on shares of Sysco in a research note on Wednesday, July 22nd. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $88.58.

Insider Transactions at Sysco

In related news, Director John M. Hinshaw bought 13,304 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was purchased at an average price of $75.17 per share, with a total value of $1,000,061.68. Following the completion of the acquisition, the director owned 40,200 shares of the company’s stock, valued at $3,021,834. The trade was a 49.46% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Sysco exceeded quarterly expectations, reporting adjusted EPS of $1.53 versus the $1.51 consensus and revenue of $22.12 billion versus $21.95 billion. Sales increased 4.7% year over year, while adjusted EPS rose 3.4%. Sysco Surpasses Q4 Earnings and Revenue Estimates
• Positive Sentiment: Underlying demand was encouraging: U.S. Foodservice case volume grew 2.5%, local volume increased 2.6%, and international sales rose 6.7%. Management said restaurant orders remain resilient and momentum is building in the United States. Food distributor Sysco beats quarterly sales estimates on steady demand
• Positive Sentiment: Sysco issued fiscal 2027 guidance above analyst expectations, calling for 6%-7% sales growth and 9%-11% adjusted EPS growth. Its projected adjusted EPS range of $5.025-$5.117 exceeds the $4.96 consensus, while revenue guidance of $89.6-$90.5 billion is above the $88.7 billion estimate. Sysco Reports Fiscal Fourth Quarter and Full Year 2026 Results
• Positive Sentiment: Management expects approximately $100 million in fiscal 2027 cost reductions from AI-enabled process improvements, inventory and routing optimization, and back-office automation. Sysco also returned about $1.2 billion to shareholders through dividends and repurchases in fiscal 2026.
• Neutral Sentiment: First-quarter fiscal 2027 adjusted EPS guidance of $1.18-$1.20 broadly brackets the $1.19 analyst consensus, suggesting expectations are being met rather than materially raised.
• Negative Sentiment: Sysco paused purchases of iceberg lettuce from Mexico and Taylor Farms amid a U.S. cyclosporiasis outbreak. The precaution could create sourcing and supply-chain disruption, although it is intended to reduce food-safety risk. Sysco stops buying iceberg lettuce amid outbreak
• Negative Sentiment: Investors remain focused on margin pressure and leverage: fourth-quarter gross margin declined 17 basis points, while fiscal-year net earnings fell 3.9% and interest expense increased. The pending Jetro Restaurant Depot acquisition also carries financing, integration and execution risks.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Motiv8 Investments LLC acquired a new stake in shares of Sysco during the 4th quarter valued at $25,000. Darwin Wealth Management LLC bought a new stake in shares of Sysco during the second quarter worth about $31,000. Measured Wealth Private Client Group LLC bought a new position in Sysco in the 3rd quarter valued at approximately $34,000. Caitong International Asset Management Co. Ltd bought a new stake in Sysco during the 3rd quarter worth approximately $36,000. Finally, Headlands Technologies LLC acquired a new position in Sysco in the 2nd quarter valued at approximately $42,000. 83.41% of the stock is currently owned by institutional investors and hedge funds.

About Sysco

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.