Sysco up after annual profit forecast raise

Sysco

27/01/2026 14:16

** Shares of food distributor Sysco SYY.N up 3.2% at $78.01 premarket

** Co lifts FY26 adjusted EPS forecast, banking on strong demand for its food products as its U.S. business improves

** Expects annual adjusted EPS to grow at the high end of 5% to 7%, or at $4.50 to $4.60, compared with previous forecast of 1% to 3% growth

** Reports Q2 adjusted profit of 99 cents per share, beating analysts' estimates of 98 cents - data compiled by LSEG

** Quarterly net sales of $20.76 billion in line with analysts estimates

** SYY down ~4% in 2025

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))