secwatch.observer — SEC 8-K summary
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Issuer:     SYSCO CORP (SYY)
CIK:        0000096021
Form:       8-K
Filed at:   2026-09-09T16:00:27+00:00
Accession:  0000950142-26-002526
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sysco raises mid-term EPS growth to 9-11%, unveils $500M AI program, reaffirms FY27
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- Reaffirms FY27 guidance: sales growth 6-7%, adj EPS growth 9-11%, ~2.5% local case growth (53-week year adds ~2% to sales).
- New $500M annualized AI/tech efficiency program by FY29; ~$100M net cost out included in FY27 guidance.
- Mid-term algorithm raised: sales growth 4-7% (was 4-6%), adj EPS growth 9-11% (was 6-8%), TSR 12-14% (was 9-11%).
- Jetro Restaurant Depot: year 1 adj EPS accretion mid-to-high single digit, year 2 low-to-mid teens; $250M synergies ramping year 3.
- FY26 results: sales $84.6B, adj EPS $4.61; expects net leverage reduction to ~1.0x within 24 months post-close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96021/000095014226002526/0000950142-26-002526-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96021/000095014226002526/eh260827982_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-26-002526

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