Expectations trend
FY2028 · fiscal year ending 2028-06-27 · fmp
Sysco (SYY)
NYSEConsumer StaplesFood DistributionSnapshot 2026-11-04
$75.24-2.21%
Close 2026-11-05 · 1-day change
NYSEConsumer StaplesFood DistributionSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
5.39 → 5.39 EPS · FY ending Jun 27, 2028 · 7 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 6 to 7; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for SYY yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Successful integration of Jetro Restaurant Depot acquisition | A supporting condition in Sysco's published investment case. The stated target is Complete integration with positive sales impact by end of FY26. | Under Pressure | Acquisition fails to boost sales or causes losses by FY26 end | Qualitative: Jetro integration costs pressuring FY sales guidance Sysco faces pressure from Jetro acquisition costs and FY sales guidance, despite strong bond demand and an earnings beat. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2028 · fiscal year ending 2028-06-27 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a large foodservice business with a currently strong operating trend, rather than a turnaround story. The long-term thesis is intact, but earnings quality is flagged as fragile and management execution as volatile.
Valuation is stretched, at an 11% premium to peers, with the valuation measure recently rising by 11.6 points. Expectations and the valuation signal are aligned, but the evidence does not show that the full combination of weak execution and turbulence is priced in.
Near term, recent performance is strong: U.S. Foodservice local volume reached 2.6% in 2026-Q4, and adjusted EPS reached $4.61, above the high end of the stated guidance range. The $100 million annualized FY27 cost-savings goal remains a watch item, with limited evidence of delivery so far; a guidance cut would be a meaningful risk.
The multi-year view hinges on sustaining local volume growth above 2.5% and turning the AI and operations cost-savings goal into measurable results. Near term, weaker employment data could increase recession concerns, while continued strong results and higher guidance from sector peers would support the sector backdrop.
For the next 1 to 3 years, the business trend supports an intact long-term thesis, but fragile earnings quality, execution uncertainty, and stretched valuation limit the strength of that case. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 2 of 8 supplied quarters. Management reported: “Sysco remains firmly focused on three priorities for the year: a) delivering with excellence for our customers, as well as our core Sysco financial commitments, b) improving our operating margins through AI-powered business transformation, and c) preparing for the anticipated closure of the Jetro Restaurant Depot transaction.” “As we look ahead, our strong operating foundation, improving productivity, and the compelling opportunity presented by the pending Jetro Restaurant Depot combination, position Sysco to grow profitably, deepen our relationships with more local customers, and create incremental value for our shareholders.””
Delivery assessment Nov 4, 2026Reach high end of EPS guidance $4.60 for fiscal 2026 | It aims for $4.60 EPS in 2026. | Under Pressure | EPS guidance falls below $4.50 for FY26 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Achieve sales growth of 3% to 5% in fiscal 2026 | A primary condition in Sysco's published investment case. The stated target is 3% to 5% annual sales growth. | Under Pressure | YoY revenue growth falls below 3% in FY26 | Revenue growth: 2.82% FY2027-Q1; GAAP. Published target: 3% to 5% annual sales growth. Annual target cannot be compared with a quarterly or TTM observation. Nov 4, 20262.818233 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$5.37 → $5.39 · observed estimates
$92.18B → $91.81B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-08-08 | $5.37 | $92,176,483,270 | 6 / 8 |
| 2026-08-09 | $5.37 | $92,176,483,270 | 6 / 8 |
| 2026-08-10 | $5.37 | $92,176,483,270 | 6 / 8 |
| 2026-08-12 | $5.37 | $92,176,483,270 | 6 / 8 |
| 2026-08-13 | $5.37 | $92,176,483,270 | 6 / 8 |
| 2026-08-14 | $5.37 | $92,176,483,270 | 6 / 8 |
| 2026-08-15 | $5.37 | $92,176,483,270 | 6 / 8 |
| 2026-08-16 | $5.37 | $92,176,483,270 | 6 / 8 |
| 2026-08-17 | $5.37 | $92,176,483,270 | 6 / 8 |
| 2026-08-18 | $5.37 | $92,176,483,270 | 7 / 9 |
| 2026-08-19 | $5.37 | $92,176,483,270 | 7 / 9 |
| 2026-08-20 | $5.40 | $92,159,374,150 | 7 / 9 |
| 2026-08-21 | $5.40 | $92,159,374,150 | 7 / 9 |
| 2026-08-22 | $5.41 | $92,159,374,150 | 7 / 9 |
| 2026-08-23 | $5.41 | $92,159,374,150 | 8 / 9 |
| 2026-08-24 | $5.41 | $92,159,374,150 | 8 / 9 |
| 2026-08-25 | $5.41 | $92,159,374,150 | 8 / 9 |
| 2026-08-26 | $5.41 | $92,159,374,150 | 8 / 9 |
| 2026-08-27 | $5.41 | $92,159,374,150 | 8 / 9 |
| 2026-08-28 | $5.41 | $92,159,374,150 | 8 / 9 |
| 2026-08-29 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-08-30 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-08-31 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-09-01 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-09-02 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-09-03 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-09-04 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-09-05 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-09-06 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-09-07 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-09-08 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-09-09 | $5.41 | $92,166,732,483 | 8 / 9 |
| 2026-09-10 | $5.41 | $92,169,682,483 | 7 / 7 |
| 2026-09-11 | $5.41 | $92,169,682,483 | 5 / 5 |
| 2026-09-12 | $5.41 | $92,169,682,483 | 5 / 5 |
| 2026-09-13 | $5.41 | $92,169,682,483 | 5 / 5 |
| 2026-09-14 | $5.41 | $92,169,682,483 | 5 / 5 |
| 2026-09-15 | $5.41 | $92,169,682,483 | 5 / 5 |
| 2026-09-16 | $5.40 | $92,170,474,150 | 6 / 6 |
| 2026-09-17 | $5.40 | $92,170,474,150 | 6 / 6 |
| 2026-09-18 | $5.40 | $92,170,474,150 | 6 / 6 |
| 2026-09-19 | $5.40 | $92,170,474,150 | 6 / 6 |
| 2026-09-20 | $5.41 | $92,170,474,150 | 7 / 7 |
| 2026-09-21 | $5.41 | $92,170,474,150 | 7 / 7 |
| 2026-09-22 | $5.41 | $92,170,474,150 | 7 / 7 |
| 2026-09-23 | $5.41 | $92,170,474,150 | 7 / 7 |
| 2026-09-24 | $5.41 | $92,170,474,150 | 7 / 7 |
| 2026-09-25 | $5.41 | $92,170,474,150 | 7 / 7 |
| 2026-09-26 | $5.41 | $92,170,474,150 | 7 / 7 |
| 2026-09-27 | $5.40 | $92,287,699,072 | 7 / 7 |
| 2026-09-28 | $5.40 | $92,287,699,072 | 7 / 7 |
| 2026-09-29 | $5.40 | $92,287,699,072 | 7 / 7 |
| 2026-09-30 | $5.40 | $92,287,699,072 | 7 / 7 |
| 2026-10-01 | $5.39 | $92,287,699,072 | 7 / 7 |
| 2026-10-02 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-03 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-04 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-05 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-06 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-07 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-08 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-09 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-10 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-11 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-12 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-13 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-14 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-15 | $5.39 | $92,287,699,072 | 6 / 7 |
| 2026-10-16 | $5.39 | $92,192,042,815 | 6 / 7 |
| 2026-10-17 | $5.39 | $92,192,042,815 | 6 / 7 |
| 2026-10-18 | $5.39 | $92,192,042,815 | 6 / 7 |
| 2026-10-19 | $5.39 | $92,192,042,815 | 6 / 7 |
| 2026-10-20 | $5.39 | $92,192,042,815 | 6 / 7 |
| 2026-10-21 | $5.39 | $92,192,287,806 | 6 / 7 |
| 2026-10-22 | $5.39 | $92,192,287,806 | 6 / 7 |
| 2026-10-23 | $5.38 | $91,889,922,838 | 6 / 7 |
| 2026-10-24 | $5.38 | $91,889,922,838 | 6 / 7 |
| 2026-10-25 | $5.38 | $91,889,922,838 | 7 / 7 |
| 2026-10-26 | $5.38 | $91,889,922,838 | 7 / 7 |
| 2026-10-27 | $5.38 | $91,889,922,838 | 7 / 7 |
| 2026-10-28 | $5.40 | $91,964,622,926 | 6 / 7 |
| 2026-10-29 | $5.40 | $91,964,622,926 | 6 / 7 |
| 2026-10-30 | $5.40 | $91,964,622,926 | 6 / 7 |
| 2026-10-31 | $5.39 | $91,988,368,381 | 6 / 8 |
| 2026-11-01 | $5.39 | $91,988,368,381 | 6 / 8 |
| 2026-11-02 | $5.39 | $91,988,368,381 | 6 / 8 |
| 2026-11-03 | $5.39 | $92,003,850,663 | 7 / 8 |
| 2026-11-04 | $5.39 | $91,812,974,280 | 7 / 8 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 7 Buy / Strong Buy · 6 Hold · 1 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 1 recorded
0 raises · 0 cuts · 0 unchanged · 1 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.