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Sysco to Report Q1 Earnings: Should You Expect a Beat This Time?
ZACKS· 2025-10-23 16:01
Core Insights - Sysco Corporation is expected to report an increase in both revenues and earnings for the first quarter of fiscal 2026, with revenues estimated at $21.1 billion, reflecting a 3% growth year-over-year [1] - The consensus estimate for earnings per share is stable at $1.12, indicating a 2.8% increase from the previous year's figure [2] Factors Influencing Upcoming Results - Improved customer retention is supporting Sysco's recovering local case performance, as the company rebuilds long-term relationships after previous salesforce turnover [3] - The International segment is anticipated to remain a growth driver, supported by expanded sales headcount and localized assortment [4] - Digital advancements, including an AI-powered CRM platform and the Perks 2.0 loyalty program, are enhancing sales efficiency and customer engagement, likely contributing to stronger retention and profitability [5] Challenges Facing Sysco - Rising product costs and higher operating expenses are negatively impacting profitability [6] - Soft restaurant traffic, weaker consumer confidence, and macroeconomic uncertainty are dampening demand [6] - Increased competition and currency volatility in international markets are exerting pressure on pricing and overall profitability [6] Earnings Prediction Insights - The current model does not predict an earnings beat for Sysco, as it holds a Zacks Rank of 4 (Sell) and an Earnings ESP of 0.00% [7]
Sysco's Quarterly Earnings Preview: What You Need to Know
Yahoo Finance· 2025-10-21 12:41
Sysco Corporation (SYY), headquartered in Houston, Texas, markets and distributes various food and related products to the foodservice or food-away-from-home industry. Valued at $38.2 billion by market cap, the company also distributes personal care guest amenities, housekeeping supplies, room accessories, and textiles to the lodging industry. The food service giant is expected to announce its fiscal first-quarter earnings for 2026 before the market opens on Tuesday, Oct. 28. Ahead of the event, analysts ...
Sysco Names Kyndryl Inaugural Tech Partner of the Year
Prnewswire· 2025-10-14 13:00
Core Insights - Kyndryl has been recognized as Sysco's inaugural Tech Partner of the Year for its excellence in delivering a multiyear ERP upgrade and modernization of Sysco's IT environment, enhancing reliability and efficiency in Sysco's distribution operations [1][3][4] Company Overview - Sysco is the global leader in selling, marketing, and distributing food and related products to customers who prepare meals away from home, operating 339 distribution centers across 10 countries and serving approximately 730,000 customer locations [5][6] - In fiscal year 2025, Sysco generated sales exceeding $81 billion [5] Partnership Impact - The partnership with Kyndryl aims to create a simpler and more flexible technology foundation, ensuring uninterrupted delivery of food and supplies to various customers, including restaurants, hotels, and hospitals [2][3] - Kyndryl's contributions have allowed Sysco to accelerate its IT roadmap while reducing operating costs, demonstrating a collaborative approach rather than a vendor-client relationship [3][4] Future Outlook - Kyndryl expresses commitment to continue supporting Sysco in delivering exceptional experiences across the foodservice and supply chain industry, focusing on critical innovations and operational efficiency [4]
Sysco Stock Holds Up, But Business Isn’t Serving Much Growth (NYSE:SYY)
Seeking Alpha· 2025-10-14 02:05
Core Insights - The analysis focuses on Sysco Corporation (NYSE: SYY) and emphasizes the importance of high-quality companies that can outperform the market over the long term due to competitive advantages and defensibility [1]. Group 1 - The author has not published an article on Sysco for nearly 22 months, indicating a significant gap in coverage [1]. - The analysis is centered on companies in Europe and North America, without restrictions on market capitalization, covering both large and small cap companies [1]. - The author's academic background includes a Master's Degree in Sociology with a focus on organizational and economic sociology, as well as a Bachelor's Degree in Sociology and History [1].
Sysco to Announce First Quarter Fiscal Year 2026 Financial Results On October 28
Globenewswire· 2025-10-07 12:03
HOUSTON, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its first quarter fiscal year 2026 financial results at 10 a.m. EDT on Tuesday, October 28, 2025. All interested parties are invited to listen online at investors.sysco.com. Prior to the conference call and webcast, the company will also issue a news release and post a slide presentation in the investor relations section of its website. A replay of the webcast will be available online s ...
How To Put $100 In Your Retirement Fund Each Month With Sysco Stock
Yahoo Finance· 2025-10-05 12:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sysco Corp. (NYSE:SYY) is the world’s leading distributor of food and related products to the food-away-from-home industry, including restaurants, healthcare facilities, and lodging establishments. It will report its Q3 2025 earnings on Oct. 28. Wall Street analysts expect the company to post EPS of $1.12, up from $1.09 in the prior-year period. According to data from Benzinga Pro, quarterly revenue is exp ...
Sysco’s Presents Southern Smoke Festival 2025 in Ongoing Commitment to Community and Customers
Globenewswire· 2025-10-03 15:00
Core Points - The Southern Smoke Festival 2025 is an annual charity event aimed at raising funds to support the food and beverage industry during crises, featuring 85 top chefs and beverage professionals [2][3] - Sysco Corporation is the leading global foodservice distribution company and is sponsoring the event to demonstrate its commitment to the community and the food and beverage sector [1][3] - The festival will take place on October 4, 2025, at Houston's Discovery Green, showcasing culinary activities, demos, and gifts [2] Company Overview - Sysco operates 339 distribution centers across 10 countries, employing 75,000 colleagues and serving approximately 730,000 customer locations [6] - The company generated over $81 billion in sales for the fiscal year 2025, which ended on June 28, 2025 [6] - Sysco provides customized supply chain solutions and culinary support to help customers innovate and optimize their operations [7] Industry Impact - The Southern Smoke Foundation, created by Chef Chris Shepherd, aims to assist the food and beverage community during challenging times, highlighting the importance of industry support [4][5] - Sysco's involvement in the festival reflects its long-term commitment to the success of the food and beverage industry, supporting businesses of all sizes [5][6] - The event emphasizes the role of restaurants and hospitality establishments in building community and creating memorable experiences [6]
Products That Count Announces Winners of the 2025 Product Leader Awards
PRWEB· 2025-10-01 16:18
Core Insights - The 2025 Product Leader Awards highlight the importance of combining creativity with discipline in product leadership, emphasizing measurable impact and team empowerment [1][5][6] - The awards recognize top product leaders from various companies, including Walmart and Extreme Networks, who have completed the Strategic PM Certification program and demonstrated significant contributions [2][4][5] Company Highlights - Walmart International has a special category for product leaders who have excelled in the Strategic PM Certification program, showcasing their role as mentors and key contributors [1][4] - Extreme Networks also features a special category for its product leaders, emphasizing the importance of strategic product management within the organization [2] Industry Trends - The winners of this year's awards exemplify a new era of product leadership characterized by creativity, innovation, and a strong connection to measurable business outcomes such as growth and market expansion [5][6] - The Product Leader Awards serve as a benchmark for excellence in the AI era, inspiring product executives to adapt and evolve alongside technological advancements [6] Community and Network - Products That Count is a significant nonprofit community with over 500,000 product managers and Chief Product Officers, aiming to empower individuals to create impactful products [7] - The organization collaborates with major corporations like Walmart, Ford, and Cisco, providing a platform for product leaders to share best practices and drive innovation [7]
CheddrSuite integrates with Sysco for live restaurant pricing
Yahoo Finance· 2025-09-30 09:30
Core Insights - CheddrSuite has integrated with Sysco's Electronic Data Interchange (EDI) system to provide restaurant operators with real-time pricing and improved cost control capabilities [1][4] - The integration allows for automatic updates of live Sysco pricing, enhancing the accuracy of tools such as plate costing, inventory tracking, and financial forecasting [2][4] Group 1: Integration Benefits - Restaurant operators will benefit from instant and accurate plate costing, as menu prices will now reflect the most current ingredient costs [2] - Reporting will be more timely, enabling operators to see the immediate impact of cost changes on food cost percentages and profitability [3] - Inventory management will be streamlined, eliminating the need for manual updates or reliance on spreadsheets [3] Group 2: Market Context - Sysco reported third-quarter fiscal 2025 sales of $19.6 billion, a 1.1% increase from $19.3 billion in the same period of 2024, although gross profit fell by 0.8% to $3.6 billion [5] - The gross margin decreased by 35 basis points to 18.3%, indicating tighter margins in the industry [5] Group 3: Operational Efficiency - The integration ensures that every CheddrSuite restaurant has access to live pricing for menu items, which eliminates guesswork and drives profitability [4] - CheddrSuite simplifies back-office operations by providing tools for scheduling, communication, inventory, reporting, and financial control [4]
REPEAT – Sysco To Go and Latin Restaurant Weeks Celebrate Houston’s Culinary Roots with Hispanic Heritage Night
Globenewswire· 2025-09-29 15:00
Core Insights - The event "Hispanic Heritage Night" hosted by Sysco To Go and Latin Restaurant Weeks aims to celebrate Houston's Latin culinary traditions and support local restaurants and food entrepreneurs [1][2][3] Event Details - The event will take place on September 29, 2025, from 6 p.m. to 8 p.m. CT at Sysco To Go Store 2, located at 1212 Old Spanish Trail, Houston, TX 77054 [3] - It will feature tastings from Latin American food vendors, live music, and discussions with local restaurateurs about the current challenges and opportunities in the foodservice industry [2][3] Industry Context - Independent restaurants are crucial to Houston's food scene but are currently facing challenges such as rising costs, staffing shortages, and competition in a crowded market [3] - Sysco's involvement extends beyond food delivery, providing resources and expertise to help local culinary businesses thrive [3][4] Company Overview - Sysco is the global leader in selling, marketing, and distributing food and related products to various customers, including restaurants and educational facilities [4] - The company operates nearly 340 distribution centers across over 10 countries and employs 76,000 colleagues, serving approximately 730,000 customer locations [4] - In fiscal year 2025, Sysco generated sales exceeding $81 billion [4]