SYY

Over the past six months, Sysco Corp. (SYY) stock was influenced by several events. In late March 2026, Sysco announced a $29 billion buyout to go "all in" on the "cash and carry" food-service business. The company held its Q3 2026 earnings conference call in April 2026, and an investor event regarding the Jetro Restaurant Depot acquisition in May 2026. Sysco reaffirmed its fiscal 2027 guidance and unveiled a new multi-year AI-driven efficiency program targeting at least $500 million in savings by fiscal 2029, which positively impacted shares in early September 2026. The company completed a $14.65 billion and €1.0 billion notes offering and a roughly $1 billion equity offering to fund the cash consideration for the pending Jetro Restaurant Depot acquisition. JPMorgan trimmed its price target for SYY from $100 to $95 in early October 2026, while maintaining an "Overweight" rating. Sysco's fiscal Q4 2026 report in early August topped EPS and revenue estimates but led to an approximately 8% post-earnings decline due to investor focus on softer EBITDA and margin trends. The stock went ex-dividend for its $0.55 quarterly payout on October 2, 2026. As of October 9, 2026, SYY was down 4.20% over the past 30 days and up 0.13% over the past 12 months.