European Investor
27 Jan 2026, 15:58
Sysco reported second-quarter fiscal 2026 results showing steady top-line growth and improving underlying momentum. Sales rose 3.0% to $20.8 billion, supported by positive U.S. local volume growth of 1.2%, while gross profit increased 3.9% to $3.8 billion as margins expanded despite ongoing food cost inflation.
Although reported operating income and EPS declined modestly year over year, adjusted results improved, with adjusted EPS up 6.5% to $0.99 and adjusted operating income up 3.1%. Management cited sequentially improving local case growth and stronger execution across key initiatives, prompting Sysco to raise expectations toward the high end of its full-year adjusted EPS guidance range of $4.50–$4.60 and reaffirm confidence in delivering long-term earnings growth.
Although reported operating income and EPS declined modestly year over year, adjusted results improved, with adjusted EPS up 6.5% to $0.99 and adjusted operating income up 3.1%. Management cited sequentially improving local case growth and stronger execution across key initiatives, prompting Sysco to raise expectations toward the high end of its full-year adjusted EPS guidance range of $4.50–$4.60 and reaffirm confidence in delivering long-term earnings growth.
