Sysco Corporation (SYY) Earnings Call Transcripts

Sysco Corporation's Latest Earnings Call - Q4 FY2026

In Sysco's fourth quarter of fiscal year 2026, the company reported total revenue of over $22 billion, reflecting a growth rate of 4.7% year-over-year, and adjusted earnings per share (EPS) of $1.53, exceeding prior guidance. The strong performance was driven by healthy case volume growth across both local and national customers in the U.S. Foodservice (USFS) segment and continued robust growth in the International segment. Looking ahead, management has guided for fiscal 2027 adjusted EPS growth of 9% to 11%, indicating confidence in sustained momentum despite macroeconomic challenges.

Reported metrics

Guidance from management

For fiscal 2027, Sysco expects revenue growth of 6% to 7% and adjusted EPS growth of 9% to 11%. Management indicated that these figures include the benefits of a 53rd week.

What management said

Kelly, thanks for the question. Why don't I toss to Brandon to get started to set the context of the financial elements of what you just asked, what flows through to '27, our thoughts for the future. You asked about is it evenly distributed or some bigger hit topics. And so he'll cover a couple and then he'll toss to me, and I'll do wrap up. So Brandon, over to you, please.

Yes. Just maybe just one thing, just to nail down those themes across the tenure of the colleagues, the penetration improvement and then. Just, John, seeing similar results across our geographies, the one word I think of is consistency. We've had to use that one word of Q4 local volume in terms of the month-to-month pattern that we're seeing even into one we're trending using that specifically in FY '27, which is rea...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of gross margins amid rising fuel costs and competitive pricing pressures. There were also questions about the effectiveness of AI initiatives in driving long-term cost savings and operational improvements.

Main topics on the call

• Revenue Growth — Sysco achieved over $22 billion in total revenue for Q4, representing a growth rate of 4.7% year-over-year. Management noted, "Our results for the quarter beat our prior guidance for adjusted EPS and USFS volumes."
• Adjusted EPS Performance — The company reported adjusted EPS of $1.53, which was ahead of previous expectations. For the full year, adjusted EPS reached $4.61, exceeding the full year guidance range.
• AI-Driven Efficiency Improvements — Sysco is implementing AI technology to enhance operational efficiency, with expectations of delivering approximately $100 million in cost savings in fiscal 2027. Management stated, "These efforts will enable us to sustai...
• International Segment Growth — The International segment delivered adjusted operating income growth of 15.7%, marking the 11th consecutive quarter of double-digit growth. Management highlighted, "The continued local outperformance is being generated b...

Read the full Sysco Corporation transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 59 Sysco Corporation earnings call transcripts on record, spanning February 3, 2020 to August 4, 2026. Based on this history, Sysco Corporation reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SYY

Exchange

NYSE

Country

US

Sector

Consumer Staples

Industry

Consumer Staples Distribution and Retail

Calls on record

59

First call

February 3, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly