Food distributor Sysco beats quarterly expectations as US demand improves
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Syscoreported better-than-expected fourth-quarter results, with revenue and profit boosted by improved U.S. operations. The company’s U.S. foodservice segment generated $14.76 billion in sales, a 2.4% increase year-over-year. Adjusted earnings per share were $1.48, surpassing estimates of $1.39. Total sales rose 2.8% to $21.14 billion, exceeding expectations. Sysco forecasts fiscal 2026 adjusted EPS between $4.50 and $4.60, below the $4.67 expected by analysts. Shares fell 3% in early trading.
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