Filing Flows › Sysco (SYY) › Guidance & outlook
Sysco (SYY) guidance and outlook
Sysco (SYY) reaffirmed its guidance on Nov 3, 2026: EPS +9% to +11% for FY2027. Sysco's 10-Q filed Nov 4, 2026 makes 21 forward-looking statements, 8 of them new and 35 no longer said since the filing before.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| EPS | FY2027 | +9% to +11% | reaffirmed |
From the earnings release filed Nov 3, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 4, 2026
- new · Sysco’s fiscal year ends on the Saturday nearest to June 30th and we will have a 53-week year ending July 3, 2027 for fiscal 2027.
- Other than EBITDA and free cash flow, any non-GAAP financial measures will be denoted as adjusted measures to remove: (1) restructuring charges; (2) expenses associated with our various transformation initiatives; (3) severance charges; and (4) acquisition-related costs consisting of (a) intangible amortization expense and (b) acquisition costs and due diligence costs related to our acquisitions.
- new · Despite continued softness in industry restaurant traffic, Sysco generated local case volume growth during the first quarter of fiscal 2027, and we expect to continue to grow our sales in the remainder of fiscal 2027.
- new · We expect our sales growth to be at the lower end of the range of 6% to 7%, reflecting a lower inflationary environment for the industry, partially offset by a benefit of a 53rd-week in fiscal 2027.
- new · We expect inflation to increase over the course of fiscal 2027 for both our U.S.
- In fiscal 2027, we expect to achieve cost savings benefits through the continued use of technology, including artificial intelligence, and business efficiency initiatives across sales, merchandising, supply chain, and back-office functions.
- In addition, we believe the advancements that have been made in our operational capabilities and ongoing investments in employee training will continue to drive supply chain productivity gains and reduce the cost to serve our customers.
- We expect to incur increased operating expenses for acquisition-related costs in fiscal 2027.
- new · We intend to use the proceeds from the issuances to fund the expected third quarter of fiscal 2027 purchase of JRD.
- new · We expect to incur approximately $787 million of interest expense for the remainder of fiscal 2027 related to these newly issued notes.
- We believe our purpose will assist us to grow substantially faster than the foodservice distribution industry and deliver profitable growth through our Recipe for Growth transformation.
- new · This growth transformation is supported by strategic pillars that we believe will allow us to better serve our customers, including our digital, products and solutions, supply chain, customer teams, and future horizons strategies.
Sysco's latest quarter
Sysco, Q1 FY27: revenue $21.7B (+3% year over year), operating margin 3.3%, net earnings $526M, operating cash flow $278M. The chart follows the revenue to costs, profit and cash.
Questions
Did Sysco raise or lower its guidance?
Sysco (SYY) reaffirmed its guidance on Nov 3, 2026: EPS +9% to +11% for FY2027.
What does Sysco expect?
Sysco’s fiscal year ends on the Saturday nearest to June 30th and we will have a 53-week year ending July 3, 2027 for fiscal 2027. Despite continued softness in industry restaurant traffic, Sysco generated local case volume growth during the first quarter of fiscal 2027, and we expect to continue to grow our sales in the remainder of fiscal 2027. We expect our sales growth to be at the lower end of the range of 6% to 7%, reflecting a lower inflationary environment for the industry, partially offset by a benefit of a 53rd-week in fiscal 2027.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.