Sysco Corporation · SYY · Next earnings

Sysco Corporation reports Tuesday, Nov 3, 2026

SYY reports before market open with consensus EPS at $1.16 and revenue at $22.02B. Last quarter: Sysco Q3 FY2026: Volume Accelerates but $29.1B Restaurant Depot Deal Steals the Spotlight

Reports Before market open44 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $1.16 Calendar consensus
Consensus revenue $22.02B Calendar consensus
Report date Nov 3, 2026 Tuesday, date estimated
Session Before market open 44 days away

Where SYY left off: FY2026 Q3

Full report

Sysco Q3 FY2026: Volume Accelerates but $29.1B Restaurant Depot Deal Steals the Spotlight

EPS surprise -0.5% Reported $0.94 vs $0.94
Revenue surprise -0.2% Reported $20.52B vs $20.56B
Stock move -2.6% Event window
Subsequent drift +2.5% Up to 20 sessions

Prior quarter: raised. Current quarter: maintained. FY26 adjusted EPS guidance reaffirmed at the high end of $4.50-$4.60. No raise despite volume acceleration, likely reflecting uncertainty from the Restaurant Depot acquisition and associated integration costs.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Integration risk and execution timing for the large-scale Restaurant Depot acquisition.
  • Elevated leverage at ~4.5x post-close with increased debt service requirements.
  • Continued softness in restaurant traffic, especially among national chain customers.
  • Potential cannibalization between Sysco's delivery and cash-and-carry channels.
  • Incentive-compensation headwinds affecting operating expense growth.

Questions analysts left open

  • Deal size and valuation uncertainty around the Restaurant Depot acquisition.
  • Ability to meet the 3.5x leverage target within 24 months.
  • Macro-driven declines in restaurant traffic and national chain volume.
  • Decline in private-label (Sysco Brand) mix and broadline contribution.
  • Net new account wins versus account losses and customer penetration trends.

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Recent SYY quarters

All SYY earnings
-2.6%FY2026 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.