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AI brief of an SEC Form 8-K · Sysco (SYY)

Sysco Reports First Quarter 2027 Results and CFO Appointment

Positive Impact 3 of 5 earnings

Sysco Corporation reported its first quarter fiscal 2027 financial results for the period ended September 26, 2026, showing a 2.8% increase in total sales to $21.7 billion and a 10.5% rise in net earnings to $526 million. The company also announced the permanent appointment of Brandon E. Sewell as Executive Vice President and Chief Financial Officer, effective November 1, 2026. For shareholders, the results demonstrate continued volume growth despite inflation pressures, alongside reaffirmed full-year adjusted EPS growth guidance of 9% to 11%.

Key points

  • Sales increased 2.8% to $21.7 billion, and gross profit increased 3.8% to $4.1 billion for the first quarter of fiscal 2027 ended September 26, 2026.
  • Net earnings rose 10.5% to $526 million, and diluted earnings per share grew 10.1% to $1.09.
  • Brandon E. Sewell was appointed permanent CFO on November 1, 2026, with an annual base salary of $775,000.
  • Sysco reaffirmed its full-year fiscal 2027 adjusted EPS growth guidance of 9% to 11%.

The filing

CompanySysco (SYY)
Form8-K, current report
Filed with the SECNov 3, 2026, 8:10 AM ET
Accession number0000096021-26-000046

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 3, 2026, 9:16 AM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.