Sysco reaffirms fiscal 2027 adjusted EPS growth forecast of 9%-11%
SYY•Fiscal 2027 guidance reaffirmed
Sysco reaffirmed fiscal 2027 guidance for net sales growth of about 6%-7% to about $90 billion.
Adjusted EPS forecast was maintained at about $5.02-$5.12, implying 9%-11% growth on a 53-week basis.
Mid-term targets raised through fiscal 2029
Sysco lifted its mid-term targets for fiscal 2028-2029 to net sales growth of about 4%-7% from 4%-6%.
The company also raised its adjusted EPS growth target to 9%-11% from 6%-8%, supported by a $500 million AI efficiency program through fiscal 2029.
The program includes $100 million of in-year net cost savings embedded in the fiscal 2027 outlook.
