Why is SYY down?
Down 9% on Nov 3, and still 4% under its Nov 2 close.
“Operating income decreased 10.4% to $717 million, driven by acquisition costs related to Jetro Restaurant Depot.”
We do the work for you. Every stock is scored and ranked, every 15 seconds while the market is open. Here it's 15 minutes behind. Pro members see it live.
Down 9% on Nov 3, and still 4% under its Nov 2 close.
“Operating income decreased 10.4% to $717 million, driven by acquisition costs related to Jetro Restaurant Depot.”
| The company | A $1.8B profit |
| Latest filing | 10-Q, Nov 4 |
Sysco Corporation filed an 8-K reporting a change of CFO
SYY closed +3.8% the next session (Nov 4) on 1.7x normal volume.
Fri Nov 13: Annual meeting, online8:00 AM ET. Proxy filed Oct 1.
After its last 4 reports it closed -0.9% on average, higher 1 of 4 times.
SYY is #2 of 3 by Quality Score.
| Rank | Stock | Quality Score |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 |
Share count against a year before: SYY +0.5%, USFD -4.3%, DPZ -2.6%.
Expected to report Tue Feb 2, before the open (in 84 days).
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
The figures are not read from the release yet.
“Operating income decreased 10.4% to $717 million, driven by acquisition costs related to Jetro Restaurant Depot.”
SYY's results filing gives no sales by line in a table we read.
| Measure | Figure |
|---|---|
| Net cost savings | $100M |
“The increase in gross profit for the first quarter was primarily driven by growth from local volumes, benefits associated with tariffs, strategic sourcing efficiencies, and Sysco Brand penetration.”
From its results filing (SEC filing · Nov 3)
Sales grew 11% a year over 5 years, fiscal 2021 to 2026.
Pays $2.20 a share a year.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Nov 3, 2026 | -5.0% | -9.3% | -4.1% |
| Aug 4, 2026 | -0.3% | -2.6% | -1.3% |
| Apr 28, 2026 | -1.8% | -2.6% | -3.8% |
Sales grew in five of the last seven years, to $85B in 2026. It made a profit in each of the seven years.
RSI 44.4, MACD below signal, below both averages. Not scored.
Its dividends come to 49% of its free cash flow.
| Dividend | $2.20 a share a year |
| Paid out | About $1.1B a year |
| Free cash flow | $2.2B |
| Record | Raised every year since 2008 |
2 insiders bought $1.2M across 2 filings in the last 6 months. No open-market sales on record. The newest:
11 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: SYY is 0.2% of DGRO, 0.2% of VIG, and 0.2% of VYM, the most of the 24 funds Breakaway covers, by their holdings as filed for Jul 31, 2026.
Sysco is the largest foodservice distributor in the US, with an 18% share of the $377 billion vertical. The firm sells and distributes over 500,000 food and nonfood products to about 730,000 customer locations, primarily serving restaurants, which represented 60% of fiscal 2025 sales. The balance of sales stems from healthcare facilities (8%), education and government clients (8%), travel and leisure customers (7%), and other smaller end markets (17%), like cafeterias. By segment, Sysco earns the bulk of its revenue from its US foodservice operations (70%), followed by its international footprint (18%), SYGMA, which focuses on quick-service logistics (10%), and other (2%). The pending Jetro Restaurant Depot deal stands to add $16 billion in sales upon close, expected in fiscal 2027.
“We compete with local and regional distributors and some organizations that operate on a multi-region basis.”
SYY scores 6 today, which Breakaway calls Average. It is #2 of 3 in Wholesale-Groceries & Related Products by Quality Score, with 2 of 14 chart checks firing. Down 9% on Nov 3, and still 4% under its Nov 2 close. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
SYY scores 6 today, which Breakaway calls Average (6 to 10). That is #2 of 3 in Wholesale-Groceries & Related Products by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind SYY's 6.
2 insiders bought $1.2M across 2 filings in the last 6 months. No open-market sales on record. The newest is Thomas Gerard Ondrof, Director, who bought $192K on Nov 4. Every filing, with the scored weight, for Pro members.
Only on the public pages, which run at least 15 minutes behind. Pro members, and anyone on a guest pass, see real-time prices: the scanner refreshes every 15 seconds, and your watchlist every few seconds, pre-market and after hours included.
Insider and Congress trades, the chart, and the financials, in one score.
See it live, free for 24 hours. No account. No card. Then keep going with a free account.