Analyst Consensus ?
ConsensusHold30 ratings
Bullish1860.0%
Neutral930.0%
Bearish310.0%
Sysco Corporation · SYY · FY2025 Q4 · Calendar Q3 2025
Sysco’s Q4 Execution Improved, but Traffic and Initiative Risk Remain
The latest analysis supports a constructive but conditional view: improved execution, international strength, and sales-force initiatives support growth, while soft traffic and rollout risk make durability unproven.
Reported Before market openNYSEConsumer Defensive
$36.72B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.48
Consensus $1.39
EPS surprise
+6.5%
Reported versus consensus
Reported revenue
$21.14B
Consensus $21.03B
Revenue surprise
+0.5%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-2.5%
Event window
SPY move
-0.3%
Same window
Abnormal move
-2.2%
Stock minus SPY
Volume
2.6×
Versus trailing sessions
Subsequent drift
+1.6%
Up to 20 sessions
SYYSPY benchmark
Ask FN2 about SYY FY2025 Q4
Transcript, numbers and history already loaded
Why did SYY fall 2.5% after beating EPS estimates in FY2025 Q4?What changed in SYY's guidance and outlook in FY2025 Q4?Give me the bull and bear case for SYY after FY2025 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter’s cautious tone and lowered outlook, management reported improved local case volume, stronger execution, maintained FY26 guidance, and a more confident operating stance. The focus shifted toward scaling AI 360, Perks 2.0, price agility, and international capacity.
Guidance delta
Maintained. Management’s FY26 outlook calls for 3%-5% sales growth to $84-$85 billion and adjusted EPS of $4.50-$4.60.
Key takeaways
- Management described a solid Q4, with adjusted sales up 2.8% and adjusted EPS up 6.5% year over year.
- International and SYGMA operating income growth remained strong, while U.S. local case volume improved modestly after a steep decline.
- The next test is execution: Perks 2.0, AI 360, price agility, sales-force productivity, and international capacity must translate into durable growth.
Management priorities
- Improve sales-colleague retention, training, and productivity through AI 360 and related tools.
- Expand price agility and Perks 2.0 while managing the associated change effort.
- Invest in international sales resources, supply-chain capacity, and approximately $700 million of annual capex.
Follow SYY with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$78.2Previous close
$82Low
$89.91Average
$102High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 9, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| JP Morgan | Overweight | Overweight | Maintain | Sep 29, 2026 |
| UBS | Buy | Buy | Maintain | Aug 5, 2026 |
| Piper Sandler | Neutral | Neutral | Maintain | Aug 5, 2026 |
| Citigroup | Neutral | Neutral | Maintain | Aug 5, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Jul 16, 2026 |
| Bernstein | Market Perform | Market Perform | Maintain | Apr 29, 2026 |
| Barclays | Overweight | Overweight | Maintain | Apr 29, 2026 |
| Guggenheim | Buy | Buy | Maintain | Apr 2, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Feb 19, 2026 |
| Truist Securities | Buy | Buy | Maintain | Jan 28, 2026 |
| Jefferies | Buy | Buy | Maintain | Jan 28, 2026 |
| B of A Securities | Buy | Buy | Maintain | Jul 18, 2025 |
| BMO Capital | Outperform | Outperform | Maintain | Apr 30, 2025 |
| Deutsche Bank | Buy | Buy | Maintain | May 23, 2024 |
| Stephens & Co. | Overweight | Overweight | Maintain | Jan 31, 2024 |
| Credit Suisse | Outperform | Outperform | Maintain | May 3, 2023 |
| Argus Research | Hold | Buy | Downgrade | Feb 2, 2023 |
| Consumer Edge Research | Equal Weight | Underweight | Upgrade | Nov 4, 2020 |
| Edward Jones | Buy | Hold | Upgrade | Sep 10, 2020 |
| SVB Leerink | Outperform | Outperform | Maintain | Nov 5, 2019 |
| Bank of America | Neutral | Neutral | Maintain | Oct 2, 2019 |
| Buckingham Research | Buy | Buy | Maintain | May 7, 2019 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Nov 6, 2018 |
| Argus | Buy | Buy | Maintain | Aug 16, 2018 |
| Pivotal Research | Sell | Hold | Downgrade | Aug 10, 2018 |
| Loop Capital | Buy | Buy | Maintain | Feb 6, 2018 |
| Macquarie | Outperform | Outperform | Maintain | May 3, 2016 |
| Goldman Sachs | Sell | Sell | Maintain | May 3, 2016 |
| Cleveland Research | Neutral | Underperform | Upgrade | Mar 11, 2016 |
| Cantor Fitzgerald | Sell | Hold | Downgrade | May 3, 2013 |
Named analyst price targets
Upside is calculated against the persisted previous close $78.2. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Guggenheim | John Heinbockel | $90 | $79.6 | +15.1% | Sep 16, 2026 |
| Piper Sandler | Analyst unavailable | $84 | $82.79 | +7.4% | Aug 5, 2026 |
| Bernstein | Analyst unavailable | $85 | $73.37 | +8.7% | Apr 29, 2026 |
| Deutsche Bank | Analyst unavailable | $84 | $73.37 | +7.4% | Apr 28, 2026 |
| Wells Fargo | Analyst unavailable | $100 | $89.28 | +27.9% | Feb 19, 2026 |
| Guggenheim | Analyst unavailable | $95 | $89.91 | +21.5% | Feb 13, 2026 |
| Guggenheim | John Heinbockel | $91 | $83.21 | +16.4% | Jan 28, 2026 |
| Jefferies | Alexander Slagle | $95 | $84.22 | +21.5% | Jan 28, 2026 |
| UBS | Mark Carden | $95 | $84.18 | +21.5% | Jan 28, 2026 |
| Bernstein | Danilo Gargiulo | $90 | $83.75 | +15.1% | Jan 28, 2026 |
| Piper Sandler | Analyst unavailable | $83 | $83.92 | +6.1% | Jan 28, 2026 |
| Barclays | Analyst unavailable | $92 | $83.92 | +17.6% | Jan 28, 2026 |
| Morgan Stanley | Analyst unavailable | $85 | $77.39 | +8.7% | Jan 20, 2026 |
| Piper Sandler | Analyst unavailable | $80 | $74.22 | +2.3% | Dec 12, 2025 |
| Barclays | Analyst unavailable | $86 | $75.89 | +10.0% | Oct 29, 2025 |
| Bernstein | Analyst unavailable | $83 | $79.16 | +6.1% | Oct 22, 2025 |
| Morgan Stanley | Analyst unavailable | $88 | $79.9 | +12.5% | Oct 21, 2025 |
| Guggenheim | Analyst unavailable | $89 | $82.15 | +13.8% | Oct 6, 2025 |
| UBS | Analyst unavailable | $90 | $80.11 | +15.1% | Jul 30, 2025 |
| Wells Fargo | Analyst unavailable | $88 | $78.38 | +12.5% | Jul 29, 2025 |
| Bernstein | Jeffrey Bernstein | $87 | $73.29 | +11.3% | Apr 22, 2025 |
| Melius Research | Jacob Aiken-Phillips | $85 | $77.08 | +8.7% | Dec 18, 2024 |
| Jefferies | Alexander Slagle | $92 | $76.28 | +17.6% | Sep 25, 2024 |
| Bernstein | Jeffrey Bernstein | $88 | $76.44 | +12.5% | Jul 31, 2024 |
| Truist Financial | Jake Bartlett | $85 | $73.29 | +8.7% | Jun 24, 2024 |
| Guggenheim | John Heinbockel | $85 | $72.95 | +8.7% | May 28, 2024 |
| Deutsche Bank | Lauren Silberman | $86 | $73.1 | +10.0% | May 23, 2024 |
| Morgan Stanley | Brian Harbour | $82 | $72.73 | +4.9% | May 23, 2024 |
| BMO Capital | Kelly Bania | $85 | $72.92 | +8.7% | May 23, 2024 |
| UBS | Mark Carden | $87 | $72.73 | +11.3% | May 23, 2024 |
| Barclays | Jeffrey Bernstein | $85 | $72.73 | +8.7% | May 23, 2024 |
| Barclays | Jeffrey Bernstein | $88 | $74.32 | +12.5% | May 1, 2024 |
| Truist Financial | Jake Bartlett | $87 | $66.44 | +11.3% | Sep 29, 2023 |
| Wells Fargo | Analyst unavailable | $85 | $76.96 | +8.7% | Feb 6, 2023 |
| Morgan Stanley | Analyst unavailable | $86 | $76.96 | +10.0% | Feb 1, 2023 |
| Barclays | Analyst unavailable | $87 | $77.46 | +11.3% | Feb 1, 2023 |
| Credit Suisse | Analyst unavailable | $94 | $77.46 | +20.2% | Feb 1, 2023 |
| Deutsche Bank | Analyst unavailable | $80 | $77.46 | +2.3% | Feb 1, 2023 |
| Wells Fargo | Analyst unavailable | $87 | $75.73 | +11.3% | Jan 4, 2023 |
| CFRA | Paul Silverstein | $102 | $86.05 | +30.4% | May 11, 2022 |
| Morgan Stanley | Analyst unavailable | $94 | $85.21 | +20.2% | May 11, 2022 |
| Barclays | Analyst unavailable | $100 | $88.8 | +27.9% | Apr 25, 2022 |
| Bernstein | Jeffrey Bernstein | $100 | $88.8 | +27.9% | Apr 25, 2022 |
| Argus Research | John Staszak | $95 | $84.24 | +21.5% | Feb 22, 2022 |
| Truist Financial | Jake Bartlett | $89 | $77.71 | +13.8% | Jan 31, 2022 |
| UBS | Mark Carden | $93 | $76.81 | +18.9% | Aug 11, 2021 |
| Credit Suisse | Lauren Silberman | $97 | $81.12 | +24.0% | May 5, 2021 |
Track every rating change on SYY the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationSysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood products; dairy products; beverages; imported specialties…
Historical context
All SYY earningsConsumer Defensive peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| PEP PepsiCo, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +3.7% | PepsiCo: International Growth Offsets U.S. Soft-Drink and Margin Pressure |
| STZ Constellation Brands, Inc. | FY2027 Q2 · Calendar Q4 2026 | +5.4% | +2.4% | Constellation Brands beats expectations and maintains FY27 EPS guidance |
| LW Lamb Weston Holdings, Inc. | FY2027 Q1 · Calendar Q4 2026 | +27.8% | +7.5% | Lamb Weston raises FY2027 outlook as North America volume growth continues |
| MKC McCormick & Company, Incorporated | FY2026 Q3 · Calendar Q4 2026 | +13.9% | -4.9% | McCormick reports strong Q3 growth while U.S. volumes remain soft |
| CAG Conagra Brands, Inc. | FY2027 Q1 · Calendar Q3 2026 | +44.4% | -4.9% | Conagra maintains outlook while increasing brand investment and simplifying SKUs |
| COST Costco Wholesale Corporation | FY2026 Q4 · Calendar Q3 2026 | +3.2% | +2.9% | Costco’s growth broadens as warehouses and digital sales accelerate |
Latest beats and misses
Who reports nextBeat on EPS
Get the SYY recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:55.686058+00:00
- Polygon adjusted daily market bars · 2026-10-09T08:00:45.036233+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-09T08:00:45.032535+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-09. For educational purposes only; not investment advice.