SYY
SYSCO CORPEvidence as of 2026-10-08The desk's Snapshot
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Overview · SYSCO CORP
Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen food, such…
Management team
- Ms. Jennifer Kaplan Schott · Executive VP & Chief Legal OfficerFind on LinkedIn
- Ms. Eve M. Mcfadden · Senior VP of Legal, General Counsel & Corporate SecretaryFind on LinkedIn
- Mr. Neil A. Russell II · Senior VP of Corporate Affairs & Chief Administrative OfficerFind on LinkedIn
- Mr. Ronald L. Phillips · Executive VP & Chief HR OfficerFind on LinkedIn
Start free to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it, not a rating or a recommendation.
+0.2 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled. The rest of the page is the evidence behind it.
The evidence balance is Mixed (+0.2 of a possible +2; was +0.2 before debate) · confidence high. Across the three reported fiscal quarters, revenue declined sequentially from $ 21,148,000,000 in Q1 2026 (fiscal quarter ended 2025-10-10) to $ 20,762,000,000 in Q2 2026 (fiscal quarter ended 2026-01-09) and $ 20,519,000,000 in Q3 2026 (fiscal quarter ended 2026-04-10). Operating income also stepped down each quarter from $ 800,000,000 to $ 692,000,000 to $ 619,000,000, and net income and diluted EPS fell in the same sequence (net income $ 476,000,000 / EPS $ 0.99; $ 389,000,000 / $ 0.81; $ 340,000,000 / $ 0.71).
Gross profit and gross margin were roughly stable with a small intra‑period dip then partial recovery (gross profit about $ 3,901,000,000 / 18.45% in Q1 2026; $ 3,792,000,000 / 18.27% in Q2 2026; $ 3,812,000,000 / 18.57% in Q3 2026), while operating margin compressed from ~ 3.78% to ~ 3.02%. Shares outstanding and weighted‑average diluted shares ticked up slightly (weighted average diluted shares: 480,365,666 → 480,662,627 → 481,188,586), cash rose overall to $ 1,786,000,000 as of 2026-06-27, trailing twelve‑month free cash flow is negative $ 275,394,000, price/earnings (TTM) is 23.06, and EV/EBITDA (TTM) is 12.14.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else (no outside knowledge, no browsing), so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC (revenue, margins, income, debt and share count, quarter by quarter) and reports which way the trend is running.
Revenue fell quarter-to-quarter across the three reported fiscal quarters: revenue was $21,148,000,000 in fiscal Q1 2026 (2025-06-29 to 2025-09-27, 3mo), $20,762,000,000 in fiscal Q2 2026 (2025-09-28 to 2025-12-27, 3mo) and $20,519,000,000 in fiscal Q3 2026 (2025-12-28 to 2026-03-28, 3mo).
XBRL companyfacts · 0000096021-25-000157Operating income declined each quarter: $800,000,000 in fiscal Q1 2026, $692,000,000 in fiscal Q2 2026, and $619,000,000 in fiscal Q3 2026 (three-month quarters as stated above).
XBRL companyfacts · 0000096021-25-000157Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full: its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet; its risk analysis fills in once that lands.
Sysco filed an 8-K stating it offered and sold 12,345,679 shares of common stock at a public offering price of $81.00 per share and the offering closed on September 16, 2026.
8-K filed 2026-09-16Sysco reported net proceeds from the offering, after underwriting discounts and commissions and estimated offering expenses, were approximately $967.4 million and stated the net proceeds are expected to be used to pay a portion of the cash consideration for its pending acquisition of JRD Unico, Inc. and related fees, costs and expenses.
8-K filed 2026-09-16Reads the signal panel above (momentum, volatility, drawdown, relative strength and beta) and ranks each against the whole research universe rather than judging it in isolation.
As of 2026-10-07, SYY has low market sensitivity with beta vs SPY = 0.17 and correlation vs SPY = 0.08.
Moneyta signal set · 2026-10-07Price momentum is mixed as of 2026-10-07: 3-month momentum = -6.4%, 6-month momentum = +2.2%, and 12-month momentum (12_1) = -1.1%; the 6-month momentum ranks at the 47th percentile of the 866-stock research universe and the 12_1 momentum ranks at the 33th percentile of 866.
Moneyta signal set · 2026-10-07weakened in debateReads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
Institutional holdings reported as of 2026-06-30 total "$34.66B" with 1,642 holders and a quarter-over-quarter value change of 20.7%; the 13F note states these filings carry a 45-day reporting lag.
13F holdings · 1642 filers · as of 2026-06-30Top institutional holders reported as of 2026-06-30 include BlackRock, Inc. at "$3.60B" (not new, value_qoq_pct 26.7), VANGUARD CAPITAL MANAGEMENT LLC at "$2.61B" (value_qoq_pct 17.6), and STATE STREET CORP at "$2.27B" (value_qoq_pct 16.7).
13F holdings · 1642 filers · as of 2026-06-30Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
the globenewswire.com story of 6 October 2026 reports that Sysco announced the closing of $14.65 billion and €1.0 billion notes offerings.
News · globenewswire.com · 2026-10-06the finance.yahoo.com story of 6 October 2026 republishes the company announcement about the closing of $14.65 billion and €1.0 billion notes offerings, showing the financing news was widely syndicated.
News · finance.yahoo.com · 2026-10-06Reads parsed Forms 3/4/5: who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Phillips Ronald L (EVP and CHRO) reported a sale of "960" shares for "$80k" on 2026-09-11 under a 10b5-1 plan (stated on the filing).
Form 4 · Phillips Ronald L (EVP and CHRO) · $5k sold · 2026-09-14Phillips Ronald L (EVP and CHRO) reported a "code M" transaction of "960" shares valued at "$67k" on 2026-09-11 that the filing identifies as occurring under a 10b5-1 plan (stated on the filing).
Form 4 · Phillips Ronald L (EVP and CHRO) · $5k sold · 2026-09-14Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
Trailing twelve-month free cash flow is negative $275,394,000 and free cash flow per share is -$0.5723.
Valuation inputs · SEC XBRL + stored EOD closePrice-to-earnings (TTM) is 23.06 with diluted EPS (TTM) of $3.33.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score. The argument is shown, not hidden, so you can judge the reasoning yourself.
Several company-specific and market-position signals in the evidence support a favorable read. Cash and cash equivalents rose materially over the reported year (fundamentals-6), and the company executed a sizeable equity offering with nearly $967m net proceeds earmarked to fund the JRD Unico acquisition (filings-0, filings-1), while management reported year-over-year sales growth and modest increases in adjusted operating income and adjusted EPS in the Form 10-K (filings-2, filings-3, filings-4). Market-structure and investor-positioning metrics show low market sensitivity and a defensive beta (market-0), a recent golden-cross technical signal with price near key averages (market-2), a relatively high dividend yield vs the universe (market-4), and a sizable, increasing institutional ownership base led by major managers (ownership-0, ownership-1). Taken together, these items strengthen the case that balance-sheet liquidity, strategic acquisition funding, steady income profile, and institutional backing are meaningful supportive factors despite recent quarterly earnings compression.
Chair's verdict, claim by claim
Fragility · computed, not argued
diversified0.28
43 surviving claims rest on 24 distinct sources; the heaviest analyst carries 19% of them, and 99% of what the desk raised survived the debate.
The read rests on a reasonably broad base of distinct sources, which lowers single-source risk, but a single analyst still accounts for a material share of the surviving claims — so analyst dependence is moderate. The very high debate-survival rate means the desk largely kept its initial assertions intact; that raises internal consistency but also flags the possibility that the set was insufficiently stress‑tested during review.
Peer context · computed, not argued
12-1 momentum ranks 1st of 2 in Food Distribution (as of 2026-10-07).
90-day volatility ranks 2nd of 2 in Food Distribution (as of 2026-10-07).
dividend yield ranks 1st of 2 in Food Distribution (as of 2026-10-07).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment. When the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here (no outside knowledge, no browsing), and each card shows who read it and what it contributed to the score.
10 filings· 1 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data, not retyped or estimated.
Read by Mercer−0.4 to the score
12 documents· 2 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.6 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash+0.4 to the score
3 holdings records· 1 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.5 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
14 filings· 1 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state, with stated and inferred flags kept apart.
Read by Talbot+0.0 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only; it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal; the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
The full terminal on SYY Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
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