Sysco's stock fell 9.3% after its fiscal Q1 2027 operating income declined due to costs related to its pending $29.1 billion acquisition of Jetro Restaurant Depot, which is still under Federal Trade Commission (FTC) review. Management expects the deal to close by the end of fiscal Q3 once FTC clearance is obtained. Investors who bought Sysco shares before the drop and suffered losses are being encouraged to submit details for a potential securities investigation regarding whether Sysco made misleading statements about the acquisition and its regulatory risks.
As of Nov 05, 2026 07:01 WIB, Sysco (SYY) trades on Pluang at USD 77.05 with a 1-day gain of 3.97%, contrasting the recent 9.3% drop reported after its fiscal Q1 income decline. The stock shows a market cap of $36.46 billion and an enterprise value of $49.64 billion. Despite the ongoing FTC review of its $29.1 billion acquisition deal, Pluang data reveals a strong sell sentiment with 91% of orders to sell and only 9% to buy.
Sysco Corporation reported growth in its first quarter of fiscal year 2027 with year-over-year increases in revenue, net profit, and EBITDA, driven by strong performance in its U.S. Foodservice segment. However, the company missed analyst expectation...
Sysco Corporation reported a 2.8% increase in sales to $21.7 billion for the first quarter of fiscal 2027, with adjusted earnings per share rising 3.5% to $1.19. The company saw growth in U.S. Foodservice volume and international sales despite challe...
