Sysco Q3 Earnings Miss Estimates on Incentive Cost Headwinds
Key Takeaways SYY posted Q3 EPS of 94 cents and sales of $20.5 billion, both modestly below estimates.SYY's adjusted opex rose 8.4% Y/Y, showing cost growth stayed elevated even after exclusions.Sysco reiterated it expects FY26 adjusted EPS at the high end of its $4.50-$4.60 range.Sysco Corporation (SYY) posted third-quarter fiscal 2026 results that fell modestly short of expectations. Results reflected accelerating volume trends and gross margin expansion, but the quarter also absorbed a meaningful drag fr ...