Jun 2026 (Q4 FY26) — Aug 4, 2026
Sysco Q4 FY26 — Strong Performance Exceeds Expectations, Guides for Double-Digit EPS Growth
Read the full callSysco (SYY) earnings
- Jun 2026
- Jun 2026 (Q4 FY26)
- Jun 2026
Sysco earnings: last reported Tue, 4 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 22,124 | +4.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 4.5 | +0.3 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 552 | +4.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
7 of 9 judged targets kept · 14 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| FY26 adjusted EPS | $4.50 to $4.60 (1% to 3% growth) | Jun 2025 | The quarter enabled Sysco to deliver $4.61 for the full year, above our full year guidance range. | Achieved |
| FY26 adjusted tax rate | approximately 23.5% to 24% | Jun 2025 | Pending |
2 of SYSCO CORP's 23 targets were missed. See which ones, and which are quietly gone. The 2 above are the free sample; 21 more targets are in the full ledger.
Claimed
- Total revenue exceeded $22 billion, representing a 4.7% growth rate in Q4 FY26.
- Adjusted EPS of $1.53 in Q4 FY26 surpassed expectations, contributing to a full-year adjusted EPS of $4.61.
- USFS local volumes grew 2.6% in Q4 FY26, showing a 130 basis points sequential improvement on a 2-year stacked basis.
- The International segment achieved its 11th consecutive quarter of double-digit adjusted operating income growth, up 15.7% in Q4 FY26.
- Free cash flow for FY26 grew 16.3% to $2.1 billion, highlighting strong quality of earnings.
Qualified
- Gross margin declined 17 basis points to 18.7% in Q4 FY26, attributed to a challenging prior-year comparison and increased fuel costs.
- Industry-wide softness in national restaurants partially offset growth in the national contract business.
- Elevated fuel costs impacted both food input costs and inbound transportation expenses in Q4 FY26.
Price
$81.59 −0.77% · −$0.63
Performance +2.1% 1Y
1Y: $79.91 on 17 Oct 2025 → $81.59. High $91.16 (27 Feb 2026), low $69.3 (30 Mar 2026).
- Previous close
- $82.22
- 52-week range
- $69.3 – $91.16
- One year
- +2.12%
Overview
- Symbol
- SYY
- Sector
- Consumer Staples
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
7 of 9 judged targets kept · 14 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| FY26 adjusted EPS | $4.50 to $4.60 (1% to 3% growth) | Jun 2025 | The quarter enabled Sysco to deliver $4.61 for the full year, above our full year guidance range. | Achieved |
| FY26 adjusted tax rate | approximately 23.5% to 24% | Jun 2025 | Pending |
Claimed
- Total revenue exceeded $22 billion, representing a 4.7% growth rate in Q4 FY26.
- Adjusted EPS of $1.53 in Q4 FY26 surpassed expectations, contributing to a full-year adjusted EPS of $4.61.
- USFS local volumes grew 2.6% in Q4 FY26, showing a 130 basis points sequential improvement on a 2-year stacked basis.
- The International segment achieved its 11th consecutive quarter of double-digit adjusted operating income growth, up 15.7% in Q4 FY26.
- Free cash flow for FY26 grew 16.3% to $2.1 billion, highlighting strong quality of earnings.
Qualified
- Gross margin declined 17 basis points to 18.7% in Q4 FY26, attributed to a challenging prior-year comparison and increased fuel costs.
- Industry-wide softness in national restaurants partially offset growth in the national contract business.
- Elevated fuel costs impacted both food input costs and inbound transportation expenses in Q4 FY26.
The full ledger
Open SYSCO CORP’s full ledger
A free account opens 5 company ledgers a month. All 23 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q3 FY26) — Apr 28, 2026
Sysco Q3 FY26 — Strong Local Volume Growth and Strategic Restaurant Depot Acquisition
Read the full callDec 2025 (Q2 FY26) — Jan 27, 2026
Sysco Q2 FY26 — Strong Volume Growth and Raised EPS Guidance
Read the full callEvery analysed call
Sysco earnings calls (SYY)
Financials
What the filings say
Net profit, year on year: +4% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 20,484 | 20,151 | 19,598 | 21,137 | 21,148 | 20,762 | 20,519 | 22,124 |
| Operating profit | 808 | 712 | 681 | 887 | 800 | 692 | 619 | 984 |
| Operating margin | 3.9% | 3.5% | 3.5% | 4.2% | 3.8% | 3.3% | 3.0% | 4.5% |
| Profit before tax | 642 | 533 | 523 | 717 | 600 | 510 | 445 | 721 |
| Tax rate | 23.7% | 23.8% | 23.3% | 25.9% | 20.7% | 23.7% | 23.6% | 23.4% |
| Net profit | 490 | 406 | 401 | 531 | 476 | 389 | 340 | 552 |
| EPS ($ per share) | 1 | 0.83 | 0.82 | — | 0.99 | 0.81 | 0.71 | — |
| Line item | Jun 2019 | Jun 2020 | Jul 2021 | Jul 2022 | Jul 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 765 | 765 | 765 | 765 | 765 | 765 | 765 | 765 |
| Total liabilities | 15,464 | 21,470 | 19,861 | 20,704 | 20,812 | 23,057 | 24,944 | 25,731 |
| Fixed assets | 4,502 | 4,459 | 4,326 | 4,456 | 4,915 | 5,497 | 6,084 | 5,974 |
| Total assets | 17,967 | 22,628 | 21,414 | 22,086 | 22,821 | 24,917 | 26,774 | 28,397 |
| Line item | Jun 2019 | Jun 2020 | Jul 2021 | Jul 2022 | Jul 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 2,411 | 1,619 | 1,904 | 1,791 | 2,868 | 2,989 | 2,510 | 2,638 |
| Cash from investing | -743 | -756 | -429 | -1,878 | -785 | -1,962 | -717 | -696 |
| Cash from financing | -1,837 | 4,720 | -4,628 | -1,987 | -2,056 | -1,038 | -1,412 | -1,159 |
| Net cash flow | -184 | 5,563 | -3,058 | -2,106 | 35 | -21 | 403 | 769 |
| Capital expenditure | -692 | -720 | -471 | -633 | -793 | -832 | -906 | -700 |
| Free cash flow | 1,719 | 898 | 1,433 | 1,158 | 2,075 | 2,157 | 1,604 | 1,938 |
SYY revenue by segment
| Segment | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| U S Foodservice Operations | 70% | 70% | 70% | 70% | 70% | 69% | 69% | 70% | +4.4% |
| International Foodservice Operations | 19% | 19% | 18% | 19% | 19% | 19% | 19% | 19% | +6.8% |
| Sygma | 10% | 11% | 11% | 10% | 10% | 10% | 10% | 10% | +3.1% |
| All Other Segments | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | +2.4% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
SYY operating KPIs by quarter
| KPI | Jun 2025 Q4 FY25 | Sep 2025 Q1 FY26 | Change vs prior quarter |
|---|---|---|---|
| Employees | 75KI am thankful for our leadership team and our entire 75,000 colleague population for the strong efforts in 2025.Source: earnings call transcript | 75KI'm thankful for our leadership team and our entire 75,000-colleague population for the strong efforts to start the year.Source: earnings call transcript | 0% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
85 filings between Nov 10, 2025 and Sep 30, 2026.
Open market
decisions to buy or sellPurchases
$1.00M
1 purchase by 1 insider
Sales
$1.99M
8 sales by 2 insiders
88% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 43
- Award — granted as compensation
- 4
- Option exercise — converted options into shares
- 29
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Phillips Ronald L | — | $1.75M | Sep 14, 2026 |
| Hinshaw John M | $1.00M | — | May 26, 2026 |
| Talton Sheila | — | $232.5K | Feb 2, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 30, 2026 | Paul Alison Kenney Director | Award | 105 | $8.2K |
| Sep 30, 2026 | GLASSCOCK LARRY C Director | Award | 334 | $26.2K |
| Sep 30, 2026 | Dibadj Ali Director | Award | 350 | $27.5K |
| Sep 30, 2026 | Brutto Daniel J Director | Award | 63 | $4.9K |
| Sep 14, 2026 | Phillips Ronald L EVP and CHRO | Sale 10b5-1 plan | 57 | $4.8K |
| Sep 11, 2026 | Phillips Ronald L EVP and CHRO | Option exercise 10b5-1 plan | 960 | $67.2K |
| Sep 11, 2026 | Keller Gregory Scott EVP | Tax withheld | 62 | $5.1K |
| Sep 11, 2026 | Higgs Stephen Dale SVP | Tax withheld | 176 | $14.5K |
| Sep 11, 2026 | Garrett Brenna C SVP, CCO | Tax withheld | 47 | $3.9K |
| Sep 11, 2026 | Phillips Ronald L EVP and CHRO | Tax withheld 10b5-1 plan | 149 | $12.3K |
| Sep 11, 2026 | Phillips Ronald L EVP and CHRO | Sale 10b5-1 plan | 960 | $79.7K |
| Sep 1, 2026 | Schott Jennifer Kaplan EVP, Chief Legal Officer | Award | 13,774 | $0 |
| Sep 1, 2026 | Keller Gregory Scott EVP | Award | 11,237 | $0 |
| Sep 1, 2026 | Phillips Ronald L EVP and CHRO | Award | 13,539 | $0 |
| Sep 1, 2026 | Garrett Brenna C SVP, CCO | Award | 10,270 | $0 |
| Sep 1, 2026 | Hourican Kevin Chair and CEO | Award | 84,581 | $0 |
| Sep 1, 2026 | Higgs Stephen Dale SVP | Award | 9,062 | $0 |
| Sep 1, 2026 | Keller Gregory Scott EVP | Tax withheld | 47 | $3.8K |
| Sep 1, 2026 | Keller Gregory Scott EVP | Award | 6,041 | $0 |
| Sep 1, 2026 | Higgs Stephen Dale SVP | Award | 6,041 | $0 |
| Sep 1, 2026 | Johnson Jennifer L SVP and CAO | Award | 6,283 | $0 |
| Sep 1, 2026 | Sewell Brandon Elliot Interim CFO | Award | 3,285 | $0 |
| Aug 24, 2026 | Phillips Ronald L EVP and CHRO | Sale 10b5-1 plan | 506 | $42.5K |
| Aug 21, 2026 | Schott Jennifer Kaplan EVP, Chief Legal Officer | Tax withheld | 665 | $55.2K |
| Aug 21, 2026 | Phillips Ronald L EVP and CHRO | Option exercise 10b5-1 plan | 7,350 | $562.6K |
| Aug 21, 2026 | Hourican Kevin Chair and CEO | Tax withheld | 12,796 | $1.06M |
| Aug 21, 2026 | Higgs Stephen Dale SVP | Tax withheld | 970 | $80.6K |
| Aug 21, 2026 | Phillips Ronald L EVP and CHRO | Tax withheld 10b5-1 plan | 1,831 | $152.1K |
| Aug 21, 2026 | Sewell Brandon Elliot Interim CFO | Tax withheld | 236 | $19.6K |
| Aug 21, 2026 | Garrett Brenna C SVP, CCO | Tax withheld | 358 | $29.7K |
| Aug 21, 2026 | Phillips Ronald L EVP and CHRO | Sale 10b5-1 plan | 7,350 | $614.5K |
| Aug 21, 2026 | Keller Gregory Scott EVP | Tax withheld | 1,105 | $91.8K |
| Aug 21, 2026 | Johnson Jennifer L SVP and CAO | Tax withheld | 621 | $51.6K |
| Aug 11, 2026 | Phillips Ronald L EVP and CHRO | Sale 10b5-1 plan | 367 | $30.6K |
| Aug 10, 2026 | Hourican Kevin Chair and CEO | Tax withheld | 6,309 | $531.8K |
| Aug 10, 2026 | Phillips Ronald L EVP and CHRO | Tax withheld 10b5-1 plan | 953 | $80.3K |
| Aug 10, 2026 | Keller Gregory Scott EVP | Tax withheld | 495 | $41.7K |
| Aug 10, 2026 | Phillips Ronald L EVP and CHRO | Sale 10b5-1 plan | 6,285 | $527.6K |
| Aug 10, 2026 | Higgs Stephen Dale SVP | Tax withheld | 310 | $26.1K |
| Aug 10, 2026 | Sewell Brandon Elliot Interim CFO | Tax withheld | 79 | $6.7K |
| Aug 10, 2026 | Garrett Brenna C SVP, CCO | Tax withheld | 87 | $7.3K |
| Aug 10, 2026 | Phillips Ronald L EVP and CHRO | Option exercise 10b5-1 plan | 6,285 | $462.1K |
| Jul 31, 2026 | Sewell Brandon Elliot Interim CFO | Award | 740 | $62.7K |
| Jul 31, 2026 | Garrett Brenna C SVP, CCO | Tax withheld | 357 | $30.2K |
| Jul 31, 2026 | Garrett Brenna C SVP, CCO | Award | 1,461 | $123.7K |
| Jul 31, 2026 | Johnson Jennifer L SVP and CAO | Tax withheld | 1,150 | $97.4K |
| Jul 31, 2026 | Johnson Jennifer L SVP and CAO | Award | 3,378 | $286.2K |
| Jul 31, 2026 | Phillips Ronald L EVP and CHRO | Tax withheld | 2,534 | $214.7K |
| Jul 31, 2026 | Keller Gregory Scott EVP | Tax withheld | 1,485 | $125.8K |
| Jul 31, 2026 | Phillips Ronald L EVP and CHRO | Award | 6,435 | $545.1K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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