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Sysco reaffirms FY27 guidance, lifts mid-term sales and EPS targets

Sysco (SYY) reaffirmed fiscal 2027 financial guidance and raised mid-term growth targets for fiscal 2028 and 2029. It also introduced a plan to generate at least $500 million in AI-powered efficiency savings by fiscal…

SYY

Sysco Corporation (SYY), a foodservice distributor, on Wednesday reaffirmed its fiscal 2027 financial guidance and raised its mid-term growth targets for fiscal 2028 and 2029. The company also said it plans to generate at least $500 million in AI-powered efficiency savings by fiscal 2029.