Sysco Reaffirming Fiscal 2027 Guidance Introducing $500 Million Multi-Year AI Powered Efficiency Program Raising Mid-Term Financial Algorithm Targets
SYY•Sysco reaffirms fiscal 2027 guidance and raises mid-term targets
Sept. 9 (Reuters) - Sysco Corporation SYY.N:
- Sysco reaffirming fiscal 2027 guidance; introducing $500 million multi-year AI powered efficiency program; raising mid-term financial algorithm targets
- Sysco - raises mid-term guidance to 4%-7% net sales growth, 9%-11% adjusted EPS growth for FY2028-FY2029
- Sysco - on-target for $100 million in-year net cost savings for FY2027
- FY2027 earnings per share view $5.06, revenue view $89.51 billion -- LSEG IBES data
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