Movement Alert｜Sysco Falls 7.32% in Regular Trading, Q1 Sales Miss and FY27 Sales Outlook Turns More Cautious

Market Focus11-04 00:13

On November 4, Sysco fell 7.32% in Regular Trading, trading at $75.68/share, with turnover of $234 million.

The move followed its fiscal first-quarter results: adjusted EPS was $1.19, in line with consensus, while sales were $21.744 billion, below the $22.019 billion estimate.

Management also said FY27 sales growth is now expected at the lower end of its 6% to 7% range, citing lower industry inflation. That marks a more cautious stance than the prior full-year framework released in August, and helps explain why the stock underperformed other Food Distributors names, which were also weaker but saw smaller falls.

Sysco is one of the world’s largest foodservice distributors, supplying restaurants, healthcare and education facilities, lodging, and other away-from-home food customers across multiple markets.

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