Sysco Q1 Revenue Climbs 2.8% as It Keeps Its EPS Growth Outlook
Sysco's Q1 sales rose 2.8% and adjusted operating income grew 3.2%. The company kept its 9%-11% EPS growth guidance but now sees sales near the low end.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Sysco reported first-quarter fiscal 2027 sales of $21.7 billion, up 2.8% year over year, according to a company release distributed by GlobeNewswire. Adjusted operating income climbed 3.2% to $927 million, while reported operating income fell 10.4% to $717 million, weighed down by costs tied to the Jetro acquisition.
The company left its adjusted EPS growth target for the year at 9% to 11% and kept its local volume growth estimate near 2.5%. It now expects annual sales growth to land at the bottom of its 6% to 7% range, citing softer industry inflation.
why it matters
For markets, the report shows steady profit growth and no change to the earnings outlook, but the lower sales forecast points to slowing price inflation feeding into the top line. Traders will watch the coming quarters for evidence that volumes and cost savings hold up.
market impact
Sysco shares: profit growth and unchanged EPS outlook offset a lower sales forecast
- Sysco shares mixed — the reaffirmed EPS outlook supports the stock while the lower sales forecast weighs on it
tags
instruments
sources
- Sysco Corporation (SYY) Q1 Sales Rise 2.8%; FY27 EPS Growth Guidance Reiterated — globenewswire.com, 3 November 2026 at 13:03 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗