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Sysco (SYY) investor relations material

Sysco Consumer Analyst Group of New York Conference (CAGNY) 2026 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Consumer Analyst Group of New York Conference (CAGNY) 2026 summary17 Feb, 2026

Business overview and market position

  • Holds leading market share in the U.S., Canada, U.K., Ireland, Costa Rica, Panama, Bahamas, and leading positions in Sweden and France, with $81B in sales and 75,000 global employees.

  • 60% of revenue comes from restaurants, with strong growth in travel, education, government, and healthcare segments.

  • Operates in 10 countries with physical presence, exports to 80 more, and is growing share in every market.

  • International business has achieved nine consecutive quarters of double-digit profit growth.

  • U.S. market share is approximately 18%, with significant room for further growth.

Growth strategy and operational initiatives

  • Focused on expanding fulfillment capacity, product assortment, and technology investments internationally.

  • Local business performance has improved, with targeted sales initiatives and technology boosting productivity.

  • Committed to at least 2.5% local volume growth in the second half of the fiscal year, driven by core improvements and M&A.

  • AI-based selling tools, value-tier product expansion, and supply chain automation are underway to drive incremental growth.

  • Center-led merchandising strategy has improved procurement and assortment, with renewed focus on local flexibility and agility.

Financial performance and outlook

  • Projected FY26 net sales of $84.5B and adjusted EPS of $4.59, with 5% and 9% CAGRs respectively from FY22.

  • Reiterated FY 2026 guidance: 3%-5% sales growth, 1%-3% adjusted EPS growth, and 5%-7% organic EPS growth.

  • Maintains industry-leading margins, free cash flow, and ROIC, with a robust IG-rated balance sheet.

  • Targets long-term net sales growth of 4%-6%, adjusted EPS growth of 6%-8%, and TSR of 9%-11% per year.

  • Dividend and share repurchases expected to total $2B this year, with a 56-year record of dividend growth.

Restore local merchandising agility
International profit parity strategy
H2 local volume growth macro insulation
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Q3 202628 Apr, 2026
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Frequently asked questions

Sysco Corporation, operates in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry worldwide. Sysco Corporation engages in three segments: Food Services; Equipment and Other Products, and Hotel, Institutional, and Other Markets. It distributes products for the food service industry, including national restaurant chains; restaurants, hotels, hospitals, nursing homes, colleges and universities, contract feeding organizations (CFOs), cruise ships, and other concerns that operate food service facilities; bakeries; and dairy product processors. It also provides logistics services for third-party brand owners through a chain of wholesale distribution facilities located throughout North America as well as Puerto Rico.

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