Sysco FY26 net earnings fall 3.9% to $1.76 billion; sales rise 3.9% to $84.55 billion - SYY News | RalliesSysco FY26 net earnings fall 3.9% to $1.76 billion; sales rise 3.9% to $84.55 billion
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SYY• Fiscal 2026 earnings and sales
- Sysco fiscal 2026 net earnings fell 3.9% to USD 1.76 billion, while sales rose 3.9% to USD 84.55 billion.
- Operating income edged up 0.2% to USD 3.1 billion, but operating margin narrowed 14 basis points to 3.66%.
- Adjusted operating income (non-GAAP) climbed 2.6% to USD 3.61 billion; adjusted diluted EPS rose 3.4% to USD 4.61.
Interest expense and fiscal 2027 outlook
- Bridge loan amortization lifted GAAP interest expense 12.9% to USD 717 million; deal-contingent rate locks drove other expense to USD 102 million.
- Sysco forecast fiscal 2027 sales growth of 6% to 7% with 1.5% to 2% inflation; expects about USD 100 million cost savings.
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