Earnings Releases·Nov 3, 2026, 8:10 AM ET

Sysco — First Quarter 2027 Earnings Summary

Total sales rose 2.8% year-over-year to $21.7 billion, while adjusted operating income and adjusted net earnings grew 3.2% and 4.2% respectively, offsetting a 10.4% decline in GAAP operating income due to acquisition costs.
Full-year sales growth guidance was adjusted to the lower end of the 6%-7% range to reflect a lower inflation environment, though adjusted EPS growth guidance of 9%-11% was reiterated.
The company is proceeding with the Jetro Restaurant Depot acquisition, which contributed a $234 million gain in Q1, alongside $100 million in expected net cost savings from AI technology in FY27.
Shareholders received $264 million in dividends during the quarter, and the company maintains a strong liquidity position with $3.2 billion in cash and $5.8 billion in total liquidity.