Sysco (NYSE:SYY) Issues Q1 2027 Earnings Guidance

Sysco (NYSE:SYY) updated its first quarter 2027 earnings guidance on Tuesday. The company provided EPS 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.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Piper Sandler dropped their target price on Sysco from $83.00 to $77.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Citigroup reiterated a “neutral” rating on shares of Sysco in a report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft lowered Sysco from a “buy” rating to a “hold” rating and set a $84.00 price target for the company. in a research report on Tuesday, April 28th. Sanford C. Bernstein dropped their price objective on Sysco from $90.00 to $85.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 29th. Finally, Weiss Ratings reaffirmed 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 issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Sysco has a consensus rating of “Hold” and a consensus target price of $88.00.

Sysco Stock Performance

Shares of NYSE:SYY traded down $2.18 during midday trading on Tuesday, reaching $82.80. The company had a trading volume of 4,305,695 shares, compared to its average volume of 4,188,731. The stock has a market cap of $39.64 billion, a P/E ratio of 22.92, a P/E/G ratio of 3.36 and a beta of 0.64. The company’s 50 day moving average price is $80.63 and its 200 day moving average price is $80.24. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 5.58. Sysco has a 52-week low of $68.19 and a 52-week high of $91.85.

Sysco (NYSE:SYY) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.51 by $0.02. The business had revenue of $22.12 billion during the quarter, compared to the consensus estimate of $21.95 billion. Sysco had a net margin of 2.08% and a return on equity of 103.57%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.48 earnings per share. 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, sell-side analysts anticipate that Sysco will post 4.59 EPS for the current fiscal year.

Insider Activity at Sysco

In other news, Director John M. Hinshaw acquired 13,304 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average price of $75.17 per share, for a total transaction of $1,000,061.68. Following the completion of the purchase, the director owned 40,200 shares in the company, valued at approximately $3,021,834. This trade represents a 49.46% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.56% of the company’s stock.

Trending Headlines about Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Quarterly results exceeded expectations. Fiscal Q4 revenue rose 4.7% to $22.1 billion, above the $21.95 billion consensus, while adjusted EPS of $1.53 topped estimates of $1.51 and increased from $1.48 a year earlier. Volume growth, stronger Sysco Brand penetration, sourcing efficiencies and cost controls supported profitability. SYY Q4 Earnings Beat Estimates on Volume and Cost Gains
• Positive Sentiment: Management issued an upbeat fiscal 2027 outlook. Sysco expects sales growth of 6% to 7% and adjusted EPS growth of 9% to 11% on a 53-week basis. The guidance implies approximately $5.025 to $5.117 of adjusted EPS and $89.6 billion to $90.5 billion of revenue, both above consensus expectations. About $100 million of planned cost savings, including AI-driven productivity initiatives, is expected to support margin expansion. Sysco Reports Fiscal Fourth Quarter and Full Year 2026 Results
• Positive Sentiment: Demand trends were constructive: U.S. Foodservice case volume increased 2.5%, local volume rose 2.6%, and international sales grew 6.7%. Sysco also generated $2.1 billion of fiscal-year free cash flow and returned approximately $1.2 billion through dividends and share repurchases.
• Neutral Sentiment: First-quarter fiscal 2027 adjusted EPS guidance of $1.18 to $1.20 is broadly in line with the $1.19 analyst consensus, limiting the near-term upside surprise.
• Negative Sentiment: Underlying profitability remains a concern. Q4 gross margin declined 17 basis points to 18.7%, product costs rose 2.8%, and full-year GAAP net earnings fell 3.9% despite higher sales. Sysco also carries substantial debt, with net debt-to-adjusted EBITDA of approximately 2.7 times.
• Negative Sentiment: Investors remain cautious about execution, financing and integration risks surrounding the proposed Jetro Restaurant Depot transaction, which could pressure shares even after the earnings beat.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP lifted its holdings in shares of Sysco by 3,977.1% during the 3rd quarter. Wellington Management Group LLP now owns 4,711,376 shares of the company’s stock worth $387,935,000 after acquiring an additional 4,595,819 shares during the last quarter. Marshall Wace LLP increased its stake in Sysco by 102.6% in the third quarter. Marshall Wace LLP now owns 2,359,471 shares of the company’s stock valued at $194,279,000 after acquiring an additional 1,194,815 shares during the last quarter. Suvretta Capital Management LLC bought a new stake in Sysco during the fourth quarter worth about $79,864,000. Scopus Asset Management L.P. purchased a new position in shares of Sysco in the 3rd quarter worth about $87,075,000. Finally, AQR Capital Management LLC increased its position in shares of Sysco by 183.2% during the 4th quarter. AQR Capital Management LLC now owns 1,193,651 shares of the company’s stock valued at $87,960,000 after purchasing an additional 772,099 shares during the last quarter. 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.