Sysco Reports First-Quarter Sales, Earnings Growth; Revises Sales Outlook
Sysco reported fiscal first-quarter sales of $21.7 billion, up 2.8%, and net earnings of $526 million, up 10.5% year over year. Adjusted EPS rose 3.5% to $1.19 and adjusted EBITDA grew 5.4% to $1.1 billion. The company reaffirmed fiscal 2027 adjusted EPS growth guidance of 9%-11% and local volume growth of approximately 2.5%, while expecting full-year sales growth at the lower end of its previously stated 6%-7% range.
Sysco Corporation reported its financial results for the first quarter of fiscal year 2027, which ended on September 26, 2026. The company saw a 2.8% increase in sales to $21.7 billion and a 10.5% year-over-year increase in net earnings to $526 million. Adjusted EPS rose 3.5% to $1.19, while adjusted EBITDA grew 5.4% to $1.1 billion. Sysco reaffirmed its fiscal 2027 guidance, including adjusted EPS growth of 9%-11% and local volume growth of approximately 2.5%.
Full-year sales growth is now anticipated to be at the lower end of the previously stated 6%-7% range.