Loading
Sentiment · FY2026 Q3
What companies say about each other on earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“This includes the announced $43 billion merger of Unilever's food business with McCormick, [ Sysco's ] $29 billion acquisition of Jetro Restaurant Depot and Cortera Energy's $26 billion sale to Devon Energy.”
Goldman advised on Sysco's $29B acquisition of Jetro Restaurant Depot, a read-through on major Sysco M&A/consolidation in foodservice distribution.
“with Cisco, the global leader in food distribution, we're transforming their complex customer interaction ecosystem into agentic capital.”
Sysco (spoken as 'Cisco', identified by 'global leader in food distribution') is a Cognizant client deploying agentic AI that collapsed resolution windows to 90 seconds.
“Are pleased to welcome Ginsburg Foods, a premier broadline distributor in the Northeast to the Sysco family.”
Sysco completed a tuck-in acquisition of Ginsburg Foods, a Northeast broadline distributor, to expand density and customer count in the region.
“This addition follows last year acquisition of Campbell's Prime Meat and favorably positions our team in Great Britain to unlock incremental growth by leveraging center of plate and specialty capabilities through Total Team Selling in the North and South regions.”
Sysco references its prior-year acquisition of UK meat supplier Campbell's Prime Meat as part of building out center-of-plate specialty capability in Great Britain.
“We also recently expanded our specialty capabilities with the successful acquisition of Fairfax Meadow in early October, one of the U.K.'s leading center-of-plate protein suppliers.”
Sysco acquired Fairfax Meadow, a leading UK center-of-plate protein supplier, expanding its specialty capabilities in Great Britain.
“We will be adding our Edward Don business to the total team selling mix as we advance integration efforts. To that end, we are very pleased with the status of our Edward Don business. We have a compelling opportunity to introduce our equipment and supplies offering to Sysco customers, large and small.”
Sysco is advancing integration of its acquired Edward Don equipment and supplies business into its total team selling strategy, with the potential for international expansion over time.
“we recently acquired Campbells Prime Meat a specialty meat business within the UK. The Scotland-based business is the number one specialty meat company in the region.”
Sysco acquired Campbells Prime Meat, the number one specialty meat company in Scotland, to integrate with its Sysco Great Britain Broadline business and enable total team selling in the geography.
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Jeff Bernstein | Barclays | 8 (13%) |
| John Heinbockel | Guggenheim | 8 (0%) |
| Alex Slagle | Jefferies | 7 (14%) |
| Ed Kelly | Wells Fargo | 6 (33%) |
| Jake Bartlett | Truist Securities | 5 (20%) |
| John Ivankoe | JPMorgan | 5 (0%) |
| Mark Carden | UBS | 5 (0%) |
| Sara Senatore | Bank of America | 4 (0%) |
| Kelly Bania | BMO Capital Markets | 3 (0%) |
| Lauren Silberman | Deutsche Bank | 3 (0%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Guggenheim | 1 | 8 (0%) |
| Barclays | 1 | 8 (13%) |
| Jefferies | 1 | 7 (14%) |
| Wells Fargo | 1 |
| 6 (33%) |
| JPMorgan | 1 | 5 (0%) |
| Truist Securities | 1 | 5 (20%) |
| UBS | 1 | 5 (0%) |
| Bank of America | 1 | 4 (0%) |
Local case volume accelerated to positive 1.2% growth despite a weakening macro environment as adjusted EPS grew 6.5%, prompting Sysco to raise guidance to the high end of the $4.50-$4.60 range. International posted its ninth consecutive double-digit profit growth while AI360 engagement deepened with measurable selling impact and the Ginsburg Foods acquisition expanded Northeast presence. Restaurant traffic deteriorated sharply through Q2 but Sysco's execution drove above-market performance.
Competitive Dynamics | Revenue Growth | Labor Market | Margin | Demand | Pricing | Guidance Reliability | M&A | |
|---|---|---|---|---|---|---|---|---|
| 2025Q1 | 6 | 4 | 4 | 2 | 1 | 1 | 1 | |
| 2025Q2 | 3 | 6 | 3 | 1 | 2 | |||
| 2025Q3 | 4 | 1 | 2 | 1 | 1 | 1 | 1 | |
| 2025Q4 | 4 | 3 | 2 | 1 | 1 | 1 | 1 | 1 |
| 2026Q1 | 5 | 5 | 1 | 2 | 1 | 1 | 1 | |
| 2026Q2 | 2 | 3 | 1 | 1 | 1 | 2 | ||
| 2026Q3 | 2 | 2 | 3 | 2 | 4 |
| '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | '26Q2 | '26Q3 | |
|---|---|---|---|---|---|---|---|
| Competitive Dynamics | 6 | 3 | 4 | 4 | 5 | 2 | 2 |
| Revenue Growth | 4 | 6 | 1 | 3 | 5 | 3 | 2 |
| Labor Market | 4 | 2 | 2 | 1 | 1 | ||
| Margin | 2 | 3 | 1 | 1 | 2 | 1 | |
| Demand | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Pricing | 1 | 2 | 1 | 1 | 1 | 2 | |
| Guidance Reliability | 1 | 1 | 1 | 1 | 2 | ||
| M&A | 1 | 4 |