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Sysco reports Q3 FY2026 sales up 4.7%, net earnings down 15.2%, and plans Jetro acquisition.

Company Fundamentals
28 Apr 2026
GlobeNewsWire
View Source
Neutral
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Sysco Corporation announced a 4.7% sales increase to $20.5 billion in Q3 FY2026, driven by volume growth and improved gross margins. However, net earnings fell 15.2% to $340 million, impacted by higher incentive costs and operating expenses. The company’s U.S. local volumes grew 3.3%, the highest in over three years, and it expects continued growth in Q4. Sysco also plans to acquire Jetro Restaurant Depot, expanding its reach in the wholesale foodservice market, pending regulatory approval expected by Q3 FY2027.

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