Sysco Corp. (SYY) revealed earnings for third quarter that Drops, from the same period last year
The company's earnings totaled $340 million, or $0.71 per share. This compares with $401 million, or $0.82 per share, last year.
Excluding items, Sysco Corp. reported adjusted earnings of $452 million or $0.94 per share for the period.
The company's revenue for the period rose 4.7% to $20.519 billion from $19.598 billion last year.
Sysco Corp. earnings at a glance (GAAP) :
-Earnings: $340 Mln. vs. $401 Mln. last year.-EPS: $0.71 vs. $0.82 last year.-Revenue: $20.519 Bln vs. $19.598 Bln last year.
Kevin Hourican, CEO of Sysco, said: “Sysco delivered strong results in the third quarter of fiscal 2026, driven by continued acceleration in local case volume and expanded gross margins. Importantly, our U.S. local volumes grew 3.3%, the highest quarterly rate in over three years. This exceeded our prior commitment, and we remain confident in delivering over 2.5% U.S. local growth in Q4, which would put us on pace to accelerate on a two-year stack basis.”
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.