Sysco Corporation (SYY) Q3 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call summary indicates strong financial performance with revenue, gross profit, operating income, net income, and EPS all showing significant year-over-year growth. The free cash flow also increased by 10%, indicating strong financial health. The absence of negative details in the Q&A further supports a positive sentiment. These factors suggest a likely stock price increase of 2% to 8% over the next two weeks.
Key Financial Performance
Revenue Sysco reported a revenue of $19 billion for Q3 2026, which represents a 5% increase year-over-year. The growth was driven by strong performance in the U.S. Foodservice segment and international operations.
Gross Profit Gross profit increased by 4% year-over-year to $3.8 billion, primarily due to improved product mix and pricing strategies.
Operating Income Operating income rose to $1.2 billion, reflecting a 6% year-over-year growth. This was attributed to cost management initiatives and operational efficiencies.
Net Income Net income for the quarter was $850 million, up 7% compared to the same period last year, driven by higher revenues and improved margins.
Earnings Per Share (EPS) Earnings per share increased by 8% year-over-year to $1.65, supported by share repurchase programs and net income growth.
Free Cash Flow Free cash flow was $600 million, a 10% increase from the prior year, due to better working capital management and higher operating cash flows.
You have reached the limit. Sign up to access full content
Get started
Operating Highlights
The selected topic was not discussed during the call.
You have reached the limit. Sign up to access full content
Get started
Risk or Challenges
The selected topic was not discussed during the call.
You have reached the limit. Sign up to access full content
Get started
Guidance & Outlook
The selected topic was not discussed during the call.
You have reached the limit. Sign up to access full content
Get started
Shareholder Return Plan
The selected topic was not discussed during the call.
You have reached the limit. Sign up to access full content
Get started
Key Q&A
Q:Review of Unclear Management Responses
A:
You have reached the limit. Sign up to access full content
Get started
Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
Alexander Slagle
Bernstein Barclays
BofA Securities
Brandon Sewell
CEO Chairman
Chairman Brandon
Chief Financial
Division Alexander
Division EDT
Division Edward
Division Heinbockel
Division Ivankoe
Division Sara
EDT Welcome
Edward Kelly
Financial Officer
Heinbockel Guggenheim
Hourican CEO
Interim Chief
Kelly Wells
Kevin Hourican
LLC Research
Officer Jeffrey
Relations Kevin
Relations risk
Research Division
Sara Senatore
Securities LLC
Securities Research
Senatore BofA
Sewell Interim
SYY Transcript
Sysco Corporation (SYY) Q3 2026 Earnings Call Transcript
Positive4-28
The earnings call summary indicates strong financial performance with revenue, gross profit, operating income, net income, and EPS all showing significant year-over-year growth. The free cash flow also increased by 10%, indicating strong financial health. The absence of negative details in the Q&A further supports a positive sentiment. These factors suggest a likely stock price increase of 2% to 8% over the next two weeks.
Sysco Corporation (SYY) Presents at Consumer Analyst Group of New York Conference 2026 Transcript
Neutral2-17
Sysco Corporation (SYY) Q2 2026 Earnings Call Transcript
Positive1-27
The earnings call summary reflects strong financial performance with growth in adjusted operating income and EBITDA. The Q&A section supports this with positive insights on local case growth, EPS guidance, and strategic initiatives like AI and automation. Despite a slight gross margin improvement, the overall sentiment remains positive due to strong top-line growth and operational efficiencies. The company's optimistic guidance and strategic growth plans suggest a positive stock price movement, potentially in the 2% to 8% range.
Sysco Corporation (SYY) Q1 2026 Earnings Call Transcript
Positive10-28
Sysco's earnings call reveals strong financial performance, with double-digit profit growth and gross margin expansion. Despite some challenges in local business volume, the company shows improved productivity and retention. The Q&A highlights management's confidence in achieving guidance, with initiatives like AI360 and Perks 2.0 driving growth. The 6% dividend increase and $1 billion share repurchase plan further support a positive outlook. The company's strategic focus on specialty categories and market share growth adds to the optimism. Overall, the sentiment is positive, likely resulting in a stock price increase of 2% to 8%.
SYY Slides
SYY Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
How soon is the transcript available after the earnings call ends?
Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
Is the transcript edited or altered in any way?
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
Why do some answers appear as “Unclear” or “Inaudible”?
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
