On September 9, 2026, Sysco Corporation issued a press release reaffirming its fiscal 2027 financial guidance ahead of a presentation at the Barclays 19th Annual Global Consumer Staples Conference. The company is targeting net sales of approximately $90 billion for fiscal 2027, representing growth of 6% to 7% on a 53-week basis. Adjusted earnings per share (EPS) are expected to reach approximately $5.02 to $5.12, reflecting growth of 9% to 11%.
In addition to reaffirming these targets, Sysco announced a new $500 million multi-year AI-powered efficiency improvement program. The company stated it remains on track for $100 million of in-year net cost savings within fiscal 2027, with the goal of realizing at least $500 million in AI-driven savings by fiscal year 2029. The program focuses on supply chain productivity, including routing software modernization and warehouse selector efficiency, as well as automation across merchandising and procurement.
Concurrent with the announcement, Sysco raised its mid-term financial targets for fiscal years 2028 and 2029. The company now projects annualized net sales growth of 4% to 7% and annualized adjusted EPS growth of 9% to 11% for this period, up from previous ranges of 4% to 6% and 6% to 8%, respectively. Sysco noted that these targets reflect core operations on a standalone basis and include the benefit of a 53rd week in fiscal 2027.
