Financial Data and Key Metrics Changes - Sysco reported nearly $21 billion in total revenue for Q2, reflecting a growth rate of 3% year-over-year [5] - Adjusted EPS is expected to be at the high end of the previously provided guidance range of $4.50-$4.60, with a growth of 6.5% in Q2 [4][20] - Free cash flow grew by 25% year-to-date, indicating strong quality of earnings [20] Business Line Data and Key Metrics Changes - USFS local case volume increased by 1.2% in Q2, an improvement of 140 basis points compared to Q1 [5][6] - National contract business generated volume growth of 0.4%, with strong growth in food service management and healthcare, but softness in the national restaurant segment [7][8] - International segment sales grew by 7.3%, with local case growth of 4.5%, contributing to nearly 26% growth in adjusted operating income [10][24] Market Data and Key Metrics Changes - The overall restaurant traffic declined by more than 200 basis points year-over-year, yet Sysco managed to gain market share [6][8] - Sysco's performance improved relative to the industry, with a strong exit rate in December [42] Company Strategy and Development Direction - Sysco is focusing on enhancing its value tier product offerings to meet customer needs and improve profitability [9] - The company completed a tuck-in acquisition of Ginsberg's Foods, which is expected to enhance growth potential in the Northeast [17][24] - Continued investments in sales headcount and technology, such as the AI 360 CRM tool, are aimed at improving sales productivity [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving at least 2.5% local case growth in the second half of fiscal 2026, driven by improved sales colleague retention and productivity [19][36] - The company anticipates a stable macroeconomic environment, with growth primarily driven by internal initiatives rather than external factors [30][74] Other Important Information - Sysco's adjusted operating expenses were $3 billion for the quarter, reflecting planned investments in growth areas [28] - The company maintains a robust balance sheet with $2.9 billion in total liquidity [29] Q&A Session Summary Question: Variations in local case growth on a monthly basis and impact of winter storms - Sysco's performance strengthened each month of Q2, with January showing continued strength despite potential weather impacts [40][41] Question: Sales growth expectations for the second half of fiscal 2026 - Sysco anticipates at least 2.5% growth in local case volumes for Q3 and Q4, with expectations for improved performance compared to the previous year [50][76] Question: Contribution of new account wins versus existing account penetration - Growth is coming from both new account wins and improved penetration with existing accounts, with the spread between new and lost accounts widening [61][62] Question: Changes in sales force growth and hiring - Sysco is committed to growing its sales headcount in 2026, focusing on high-growth markets and optimizing training programs to enhance productivity [65]

Fiscal Q2 2026 Earnings Results January 27, 2026 Forward-Looking Statements Statements made in this presentation include statements that are forward-looking or that express management's beliefs, expectations or hopes and are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, among other things, our future financial performance and results, business strategy, plans, goals and objectives, including certain outlook, business trends, our dividend and ...

Food distributor Sysco lifted its annual profit forecast and beat estimates for both second-quarter profit and sales on Tuesday, as strong demand for its steaks, fillets and frozen-food products helpe... ...

HOUSTON, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (“Sysco” or the “company”) today announced financial results for its 13-week second fiscal quarter ended December 27, 2025. Key financial results for the second quarter of fiscal year 2026 include the following (comparisons are to the same period in fiscal year 2025): Sales increased 3.0%; U.S. Foodservice volume increased 0.8%, U.S. local volumes increased 1.2%;Gross profit increased 3.9% to $3.8 billion;Operating income decreased 2.8% ...

Key Takeaways UNFI is rolling out Relex across its network, with early gains in effectiveness and fill rates.United Natural Foods saw throughput rise over 2% year over year and nearly 10% versus fiscal 2024.Automation and Lean Daily Management drove a 20-bps gross margin lift and lower operating expenses in Q1.United Natural Foods, Inc. (UNFI) is increasingly relying on automation to improve efficiency and support better profitability. A cornerstone of this effort is the deployment of Relex, an AI-based sup ...

Core Viewpoint - Sysco Corporation (SYY) is expected to report growth in both revenue and earnings for the second quarter of fiscal 2026, with revenue estimated at $20.8 billion, reflecting a 3.3% increase year-over-year [1]. Revenue Expectations - The consensus estimate for Sysco's earnings per share (EPS) remains at 97 cents, indicating a 4.3% growth compared to the same quarter last year [2]. - Revenue growth is anticipated to be driven by improvements in U.S. Foodservice local volumes, which showed positive trends in the first quarter and are expected to improve by at least 100 basis points sequentially in the second quarter [3][10]. - The International segment is also expected to contribute to revenue growth, although it may face challenges due to the year-over-year comparison with the Mexico joint venture divestiture completed in fiscal 2025 [4]. Profitability Insights - Profitability in the second quarter is projected to benefit from sustained gross profit performance and disciplined expense management, with gross margin expansion and productivity gains noted in the first quarter [5][10]. - Management has expressed confidence that structural improvements and continued volume momentum will support year-over-year earnings growth in the upcoming quarter [5]. Earnings Prediction - The current model does not predict a definitive earnings beat for Sysco, as it holds a Zacks Rank of 3 (Hold) and an Earnings ESP of 0.00% [6].

Core Insights - Medifast, Inc. (MED) has provided weak guidance for Q4 2025, projecting revenue between $65 million and $80 million and a loss per share ranging from 70 cents to $1.25, indicating a significant decline from Q4 2024's revenue of $119 million and adjusted earnings per share of 10 cents [1][9] Financial Performance - In Q3 2025, Medifast's revenue fell by 36.2% year over year to $89.4 million, primarily due to a 35% decrease in active earning coaches, which totaled approximately 19,500 by the end of the quarter. The average revenue per active coach also declined by 1.9% year over year to $4,585 [2][9] Strategic Initiatives - To facilitate recovery, Medifast is transitioning from a weight loss company to a leader in the broader metabolic health sector, focusing on metabolic synchronization to address metabolic dysfunction by targeting visceral fat while preserving 98% of lean mass. This strategy is significant as 90% of Americans are metabolically unhealthy, and a new product line supporting this approach is expected to launch next year [3] - The company is adapting to the increasing prevalence of GLP-1 medications, with 61% of coaches having experience with GLP-1 users and 22% of the client base having utilized these drugs. Medifast positions its program as a vital lifestyle companion for these users while rightsizing operations to support margin expansion as revenue stabilizes [4] Growth Outlook - Medifast's management believes that improvements in client acquisition and retention will lead to growth in revenue per active earning coach, which historically results in coach growth after six to nine months, followed by overall revenue growth within one to two quarters. Revenue per active earning coach is expected to improve as early as Q4 2025, with a minimum expectation of improvement within the next six months, indicating initial signs of stabilization [5] Market Position - Medifast's shares have declined by 18.5% over the past six months, compared to a 15.6% decline in the industry. The company currently holds a Zacks Rank of 4 (Sell) [6] - From a valuation perspective, Medifast trades at a forward price-to-sales ratio of 0.37, significantly lower than the industry average of 1.10 [8]

Core Insights - Service Corporation International (SCI) demonstrated stable performance in Q3 2025, supported by a steady operating model, effective pricing strategies, cost control, and a balanced business mix [1] Funeral Segment Performance - The funeral segment provided a consistent earnings base, with comparable core funeral services declining by 3.5% year over year, but offset by a 3% increase in the comparable core funeral average [2] - Non-funeral home average revenue per service increased by 13.4%, benefiting from pricing actions and higher-value preneed contracts maturing from the backlog, which helped mitigate the impact of lower service volumes on overall revenues and gross profit [2] Cemetery Operations - Cemetery operations contributed significantly to stability, with comparable cemetery revenues rising nearly 7%, driven by a 9.6% increase in cemetery preneed sales production [3] - Higher property sales and growth in recognized merchandise and services revenue led to a $18 million increase in cemetery gross profit, with operating margins expanding to 34% [3] Cost Management - Cost discipline was a key aspect of SCI's stability, with corporate general and administrative expenses declining year over year and fixed costs managed below inflation, increasing approximately 1.4% during the quarter [4] - These cost management efforts helped preserve operating income despite elevated selling and labor costs [4] Capital Allocation - SCI invested $140 million in Q3 2025 across maintenance capital, cemetery development, growth projects, and acquisitions, with $86 million allocated to maintaining and improving existing locations [5] - This balanced investment approach aims to sustain service quality, operational efficiency, and long-term consistency [5] Stock Performance - SCI's disciplined execution and diversified revenue streams contributed to a 6.4% increase in shares over the past six months, outperforming the industry's growth of 5.9% [6]

Core Viewpoint - US Foods Holding Corp. will host a live conference call and webcast to discuss its fourth quarter and fiscal year 2025 results on February 12, 2026, at 8 a.m. CST [1] Company Information - The conference call can be accessed live over the phone by dialing 877-344-2001, with listeners advised to call in 10 minutes prior to the start time and provide Conference ID 2528845 [1] - A replay of the conference will be available after the call [1]

NEW YORK and NEW ORLEANS, Jan. 20, 2026 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has continued its investigation into United Natural Foods, Inc. ("United Natural" or the "Company") (NYSE: UNFI). In March 2023, the Company disclosed year-over-year declines of $6 million in gross profit and over 71% in net income and earnings per diluted share for its fiscal 2023 second quarter, despite a ...