Sysco Pairs Strong Results With Elevated FY26 EPS Target

LidoStakeAddict · 2026-02-03T20:06:08+00:00

Sysco Corp. raised its fiscal 2026 earnings guidance to $4.50-$4.60 per share, prompting a 3.10% stock increase. Analysts expect $4.58 earnings per share on $84.44 billion revenue, despite a projected $100 million headwind. The update reflects strong operational performance amid cost pressures.

LidoStakeAddict

2026-02-03 20:06:08

Abstract generation in progress

Sysco Corp. (SYY), the food products distributor, raised its fiscal 2026 earnings expectations during its second quarter earnings announcement, now targeting the high end of its previous guidance range. The company affirmed earnings per share guidance at $4.50 to $4.60, positioning itself toward the upper band of this range.

The market responded positively to the development. In early trading on NYSE, SYY shares moved up to $78.00, gaining $2.35 or approximately 3.10 percent from the previous close, reflecting investor confidence in the company’s trajectory.

Analysts covering the food distributor had anticipated earnings of $4.58 per share on revenue of $84.44 billion for the full fiscal year 2026. When adjusted for special items, these figures represent the mainstream consensus expectation. However, Sysco’s guidance incorporates a headwind of approximately $100 million, or $0.16 per share, due to the impact of lower incentive compensation accruals compared to fiscal 2025. Excluding this normalized headwind, the company projects earnings per share growth to reach the higher end of a 5 to 7 percent range—a meaningful acceleration when accounting for the comparison effects.

This guidance update underscores Sysco’s operational performance in navigating an evolving commercial environment while managing cost pressures inherent to the distribution business.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.