SYY Q1 2026

Q3 2026 Q2 2026 Q1 2026 Q4 2025

Earnings

Sysco kicked off fiscal 2026 on solid footing, posting first-quarter adjusted EPS of $1.15 against a consensus estimate of $1.12, a 2.57% beat, while revenue of $21.15 billion edged past expectations by 0.33% and grew 3.2% year over year. The headlin… Read more Sysco kicked off fiscal 2026 on solid footing, posting first-quarter adjusted EPS of $1.15 against a consensus estimate of $1.12, a 2.57% beat, while revenue of $21.15 billion edged past expectations by 0.33% and grew 3.2% year over year. The headline numbers were powered by a standout performance in International Foodservice Operations, where operating income climbed 12.9% on 4.5% sales growth, and by disciplined margin management that expanded gross margin 13 basis points to 18.5% even as product cost inflation ran at 3.4%, particularly in meat and seafood. On an adjusted basis, operating income rose 2.9% to $898.00 million, though GAAP results were tempered by restructuring costs that more than doubled to $56.00 million. Management noted that local business trends improved sequentially throughout the quarter, providing positive exit velocity heading into Q2. Sysco reiterated its full-year FY26 guidance of 3% to 5% sales growth and 1% to 3% adjusted EPS growth, adding that excluding a roughly $100.00 million incentive compensation headwind, underlying EPS growth would run closer to 5% to 7%, broadly consistent with its long-term financial algorithm.