Sysco Corp Reports Q1 2027 Earnings with Growth in Sales and Operating Cash Flow
Sysco Corp (SYY) reported its first-quarter fiscal 2027 results, highlighted by a 3.5% year-over-year increase in adjusted EPS to $1.19. Enterprise sales rose 2.8% to $21.7 billion, supported by volume growth and effective margin management despite minimal product cost inflation of 0.3%. The company's international segment showed strong momentum with a 5.1% increase in sales and its 12th consecutive quarter of double-digit profit growth. Financial health improved significantly, with operating cash flow increasing by over 220% compared to the previous year. While Sysco revised its fiscal 2027 net sales guidance toward the lower end of the 6% to 7% range due to a lower inflationary environment, it reaffirmed adjusted EPS growth guidance of 9% to 11%. The company is also aggressively pursuing efficiency through an AI transformation program aimed at $500 million in savings by fiscal 2029.