Archived explainer. For the current picture see today's SYY page.
Why Is SYSCO CORP (SYY) Stock Down Today?
By the Top Tier Newswire AI Desk · November 4, 2026 at 7:54 AM ET · reviewed against 32 wire stories
SYSCO CORP (SYY) is down -9.33% in the latest session. Our newswire has captured 32 stories on SYY across 11 sources in the last 36 hours, with AI sentiment reading mixed (avg 51/100).
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Sysco Corp (SYY) shares fell 9.33% to $74.11 following the release of first quarter fiscal 2027 results. The primary driver was a miss in revenue expectations, as the company reported sales of $21.7 billion against an estimate of $22.02 billion. Adjusted earnings per share of $1.19 also came in slightly below the $1.20 consensus.
What Happened
Sysco reported that its US Foodservice segment generated $15.14 billion in sales, missing the $15.4 billion forecast. The company maintained its fiscal 2027 adjusted EPS growth guidance of 9% to 11% and reiterated a target of $100 million in net cost savings. Management noted that a Cyclospora outbreak had an adverse impact on the middle of the quarter, while also highlighting an artificial intelligence push to drive efficiency. The CEO stated that restaurant traffic remained weak, creating headwinds for the broader foodservice sector. In related corporate news, Sysco named Brandon Sewell as Executive Vice President and Chief Financial Officer.
What The Data Shows
The stock printed four fresh 52-week lows on November 3, 2026, alongside one fresh 52-week high. Over the last eight sessions, the share price has declined 8.9% from $81.37 to $74.11. The current valuation stands at a price-to-earnings ratio of 20.2 with a market capitalization of $40.2 billion. The company offers a dividend yield of 2.69% and has a beta of 0.65. Trailing twelve-month revenue growth is 3.9%, while the net margin is 2.1%. The 52-week trading range spans from $68.19 to $91.84.
Recent insider activity shows three sales totaling $1.3 million in the last 90 days, with no buys recorded. The most recent sale was executed by Ronald L. Phillips, EVP and CHRO, on September 15, 2026. Congressional disclosures indicate three buys and no sells in the same period, with the most recent filing dated October 8, 2026.
What To Watch
Investors will monitor the company's ability to meet its fiscal 2029 efficiency targets as restaurant traffic continues to decline. The upcoming earnings release will be key to assessing whether the AI-driven cost savings are offsetting the impact of food deflation and fuel headwinds.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
SYY · today's session (5-min) · +3.33% vs prior close · updated 1:21 PM ETAI sentiment, last 36h · averaged over 32 stories · 51/100 neutral
The headlines behind the move
Story flow · 8 stories on the wire, last 36h · hover or tap a dot for the headline
18h agoThe Motley FoolBEARISH 44General
Sysco: 3 Key Takeaways for Long-Term Investors
Sysco's margin story hinges on whether its fiscal 2029 efficiency targets hold as restaurant traffic continues to fall.
18h agoSeeking AlphaBEARISH 42Earnings
Sysco Is Almost Tasty Enough For An Upgrade
Sysco Corporation reported Q1 FY2027 growth, but missed analyst revenue and EPS expectations. Click to discover when the SYY stock would look attractive.
19h agoGuruFocusBULLISH 63Analyst
Is Sysco Corp (SYY) a Bargain After 9.3% Drop? GF Value Says Undervalued
20h agoThe Motley FoolNEUTRAL 54Earnings
Sysco Corp (SYY) Q1 2027 Earnings Call Transcript
Sysco met earnings targets amid weaker restaurant traffic and an AI push.
20h agoSeeking AlphaBULLISH 58Earnings
Sysco outlines 9% to 11% FY 2027 adjusted EPS growth while targeting $100M net cost savings
Sysco Q1 FY2027 earnings: EPS met views, guidance held, and AI savings gained traction despite food deflation and fuel headwinds.
Sysco Corporation (SYY) Q1 2027 Earnings Call November 3, 2026 10:00 AM ESTCompany ParticipantsKevin Kim - Vice President of Investor RelationsKevin...
20h agoMarketWatchBEARISH 42General
Sysco Corp. stock underperforms Tuesday when compared to competitors
22h agoFidelity NewsBEARISH 38Earnings
Top Midday Decliners
Gartner (IT.NaE) reported lower Q3 revenue on Tuesday. Shares fell 14%, with intraday trading volume rising to over 2.01 million from a daily average of about 1.17 million. Sysco (SYY.NaE) reported fiscal Q1 adjusted earnings Tuesday in line with analyst expectations, while sales missed consensus. Shares retreated 9% amid intraday trading volume of over 5.45 million from a daily average of about 3.54 million.
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