While reporting financial results for the fourth quarter on Tuesday, Sysco Corp. (SYY) initiated its adjusted earnings growth and sales growth guidance for the full-year 2026.
For fiscal 2026, the company now projects adjusted earnings in a range of $4.50 to $4.60 per share on sales between $84 billion and $85 billion, at a growth of 3 to 5 percent.
On average, analysts polled expect the company to report earnings of $4.70 per share on sales of $84.46 billion for the year. Analysts' estimates typically exclude special items.
The adjusted earnings guidance includes an approximate $100 million or $0.16 per share headwind from lapping lower incentive compensation in fiscal 2025. Excluding this impact, EPS growth is expected to be approximately 5 to 7 percent.
The company also said it plan to reward shareholders with approximately $1 billion in dividends and approximately $1 billion in share repurchases for Fiscal 2026.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.