Sysco (SYS) Soars 11% on Upbeat Outlook [Yahoo! Finance]
Sysco Corporation (SYY)
Last sysco corporation earnings: 2/3 08:00 am
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Source: Yahoo! Finance
Sysco snapped a three-day losing streak on Tuesday, slashing 10.96 percent to finish at $83.92 apiece as investors took heart from a more optimistic outlook for the full fiscal period of 2026. In an updated report, Sysco Corp. (NYSE:SYS) said that it now expects to hit the high end of its earnings per share (EPS) guidance of $4.50 to $4.60 for the full fiscal year 2026, primarily encouraged by strong sales in the second quarter. During the period, sales picked up by 3 percent to $20.76 billion from $20.15 billion in the same period last year, bringing its six-month sales higher by 3 percent to $41.9 billion from $40.6 billion year-on-year. Net income, on the other hand, dipped by 2 percent to $389 million in the second quarter from $406 million in the same comparable period. Net earnings in the six-month period also decreased by 3.3 percent to $866 million from $896 million year-on-year. “Sysco delivered strong results in the second quarter of fiscal year 2026. Our performanc
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SYY
News
- Sysco (NYSE:SYY) was upgraded by analysts at Argus to a "hold" rating.MarketBeat
- Sysco (NYSE:SYY) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
- Sysco (NYSE:SYY) had its "buy" rating reaffirmed by analysts at Guggenheim.MarketBeat
- Sysco (NYSE:SYY) was given a new $90.00 price target on by analysts at Sanford C. Bernstein. They now have a "market perform" rating on the stock.MarketBeat
- Sysco (NYSE:SYY) had its price target raised by analysts at Truist Financial Corporation from $90.00 to $94.00. They now have a "buy" rating on the stock.MarketBeat
SYY
Earnings
- 1/27/26 - Beat
SYY
Sec Filings
- 1/29/26 - Form 4
- 1/29/26 - Form 144
- 1/28/26 - Form 144
- SYY's page on the SEC website