Sysco Corporation reported fiscal 2026 sales of $84.6 billion, up 3.9% from the prior year, with adjusted diluted earnings per share rising 3.4% to $4.61 while reported diluted EPS fell 1.9% to $3.66. The food distributor, which has raised its dividend for 57 consecutive years, pays an annual dividend of $2.20 per share for a yield of roughly 2.9%, a payout ratio of about 48% on adjusted EPS and around 60% on reported EPS. Fiscal 2026 operating cash flow reached $2.64 billion and free cash flow $2.11 billion, up 16.3% year over year, against about $1.04 billion paid out in dividends, roughly 49% of free cash flow, while net debt stood at about 2.7 times adjusted EBITDA at year end. The stock trades at about 21 times trailing earnings and 15 times forward earnings, with a price-to-sales ratio near 0.44. In its latest earnings release, Sysco guided fiscal 2027 adjusted EPS growth of 9% to 11%.
Sysco CorporationSysco reported fiscal 2026 sales of $84.6B and guided fiscal 2027 adjusted EPS growth of 9%-11%, a strong earnings/guidance event.
