It has been about a month since the last earnings report for Sysco (SYY) . Shares have added about 6.7% in that time frame, outperforming the S&P 500.But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Sysco due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts.Sysco Q2 Earnings Top Estima ...

Burford Capital (NYSE:BUR) Q4 2025 Earnings call February 26, 2026 09:00 AM ET Company ParticipantsChristopher Bogart - CEOJonathan Molot - Chief Investment OfficerJordan Licht - CFOJosh Wood - Head of Investor RelationsMichael Piccolo - Senior Vice President of Event-Driven EquitiesConference Call ParticipantsMark DeVries - Managing Director and Senior Equity Research AnalystTimothy D'Agostino - Research AnalystOperatorThank you for standing by. My name is Bailey. I will be your conference operator today. ...

分组1 - Zacks Premium offers various tools for investors, including daily updates, access to Zacks Rank and Industry Rank, and Premium stock screens to enhance investment confidence [1][2] - The Zacks Style Scores rate stocks based on value, growth, and momentum, providing complementary indicators to the Zacks Rank for better investment decisions [2][3] 分组2 - The Value Score identifies undervalued stocks using ratios like P/E, PEG, and Price/Sales, appealing to value investors [3] - The Growth Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score helps investors capitalize on price trends, using factors like one-week price change and monthly earnings estimate changes [5] 分组3 - The VGM Score combines all three Style Scores, serving as a comprehensive indicator for selecting stocks with attractive value, growth potential, and momentum [6] - The Zacks Rank model, based on earnings estimate revisions, has shown a +23.86% average annual return for 1 (Strong Buy) stocks since 1988, outperforming the S&P 500 [7][9] 分组4 - Sysco Corporation, a foodservice distributor, serves approximately 425,000 customers, including restaurants and healthcare facilities [11] - Sysco has a Zacks Rank of 3 (Hold) and a VGM Score of B, with a Momentum Style Score of A, indicating a positive trend with a 16.1% increase in shares over the past four weeks [12] - Analysts have revised Sysco's earnings estimate higher for fiscal 2026, with the Zacks Consensus Estimate increasing by $0.03 to $4.59 per share [12][13]

Core Insights - Sysco Corporation is launching a pilot program called Home Grown by Sysco to enhance the availability of locally sourced foods and artisan products [1][2] - The pilot program will feature approximately 10,000 locally sourced products and will initially operate in specific regions of the United States and Canada, with plans for expansion within the next year [2][3] Group 1: Program Details - The Home Grown by Sysco program is part of Sysco's sustainability strategy, aiming to bring locally sourced products to more consumers [3][8] - The definition of "locally sourced" includes items from geographic areas close to Sysco distribution centers, typically within the same state or province [3] - The pilot program is set to begin on February 24, 2026, covering the Great Lakes, Northeast, South Florida, Montreal, and British Columbia regions [2][4] Group 2: Market Demand and Commitment - The initiative responds to increasing customer demand for locally grown and artisan products, with two-thirds of diners indicating a preference for such offerings in table-service restaurants [4][6] - Sysco emphasizes its commitment to supporting small businesses, including independent restaurants and local suppliers, as part of the program's goals [6] Group 3: Operational Enhancements - The pilot will also focus on improving software and identifiers to enhance customer experience before scaling the program across North America [7] - Sysco operates 339 distribution centers across 10 countries, serving approximately 730,000 customer locations, and generated over $81 billion in sales for the fiscal year 2025 [8][9]

Company Overview - Sysco Corporation is a leading global distributor of fresh food and related products to the food-away-from-home industry [1] - The company generated approximately $81 billion in sales in fiscal year 2025 [2] - Sysco serves around 730,000 customer locations, with a balanced business model across various customer segments and geographies [2] Sales Distribution - 60% of Sysco's sales come from local restaurants, while the remaining 40% is derived from recession-resistant categories such as government, education, healthcare, and large campuses and office complexes [2] - The company holds leading market share positions in these recession-resistant categories [2] Leadership and Strategic Initiatives - Kevin Hourican, President, CEO, and Chairman, along with Kenny Cheung, CFO, are set to discuss the company's specific initiatives that are driving structural improvements [3] - These initiatives are aimed at unlocking durable and compounding performance, supporting Sysco's commitment to a steady return of capital to shareholders [3]

Sysco Corporation Conference Call Summary Company Overview - **Company**: Sysco Corporation (NYSE:SYY) - **Industry**: Food Service Distribution - **Fiscal 2025 Sales**: Approximately $81 billion - **Customer Locations**: Roughly 730,000 - **Sales Composition**: 60% from restaurants, 40% from recession-resistant sectors (government, education, healthcare, large campuses) [1][4][5] Core Business Insights - **Market Position**: Leading global distributor in the food away from home industry with the highest market share and profitability [4][29] - **Specialty Foods**: Number one specialty foods distributor with multiple brands exceeding $1 billion in sales, contributing over $10 billion annually [4] - **International Growth**: Nine consecutive quarters of double-digit profit growth in international markets, with a focus on expanding fulfillment capacity and product assortment [5][9][14] Growth Drivers - **Market Trends**: Food away from home continues to gain market share from grocery, driven by busy lifestyles, food innovation, and improved to-go experiences [6][7][8] - **U.S. Market Share**: Sysco holds approximately 18% market share in a $377 billion U.S. food service market, with the potential for further growth [8][9] - **Non-Commercial Segment**: This segment is growing faster than the restaurant business, indicating resilience against economic fluctuations [10] Financial Performance - **Sales Growth Guidance**: Reiterated guidance for FY 2026 with sales growth of 3%-5% and adjusted EPS growth of 1%-3% [30] - **Historical Performance**: Achieved CAGRs of 5% on the top line and 9% on the bottom line over the past four years [30] - **Operating Leverage**: Positive operating leverage with gross profits growing faster than operating expenses [31] Strategic Initiatives - **Sales Improvement**: Focus on improving sales consultant retention and productivity through training and technology [15][27] - **Merchandising Strategy**: Transitioning to a center-led merchandising strategy to optimize product assortment and supplier relationships [19][20] - **M&A Opportunities**: Continued focus on strategic acquisitions to drive growth, targeting an average contribution of 50 basis points from M&A [36] Capital Allocation and Shareholder Returns - **Dividend Growth**: Commitment to long-term dividend growth, with a target payout ratio of 40%-50% of EPS [44][45] - **Share Repurchase**: Plan to return approximately $1 billion to shareholders through share repurchases [44] - **Cash Flow Generation**: Generated approximately $1.8 billion in cash flow last year, demonstrating strong quality of earnings [34] Market Outlook - **Confidence in Growth**: Strong confidence in achieving at least 2.5% local volume growth in the second half of the fiscal year, supported by internal initiatives and M&A contributions [12][26] - **Resilience in Various Sectors**: Continued growth in travel, leisure, education, and healthcare sectors, which are generally recession-resilient [32] Conclusion - **Investment Thesis**: Sysco is positioned as a compelling investment opportunity due to its leadership in a growing industry, strong financial performance, and commitment to shareholder returns [46][48]

February 17, 2026 CAGNY 2026 Forward-Looking Statements Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions, including those outside of Sysco's control. Risks and uncertainties include without limitation: the impact of geopolitical, economic and market conditions and developments, including changes in global trade policies and tariffs and foreign conflicts; risks related to our bu ...

Company Overview - Sysco Corporation is the global leader in selling, marketing, and distributing food and related products to customers who prepare meals away from home, including restaurants, healthcare, educational facilities, lodging establishments, and entertainment venues [3]. - The company operates 337 distribution centers across 10 countries, employing 75,000 colleagues and serving approximately 730,000 customer locations [3]. - In fiscal year 2025, Sysco generated sales of over $81 billion, ending on June 28, 2025 [3]. Business Operations - As the world's largest food-away-from-home distributor, Sysco provides customized supply chain solutions, specialty product offerings, and culinary support to help customers innovate and optimize their operations [4]. - The company acts as a trusted business partner, offering an industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions [4]. Investor Relations - Sysco will webcast its presentation at the CAGNY 2026 Conference on February 17, 2026, at 3:00 p.m. ET, with access available at investors.sysco.com [1]. - The investor relations section of Sysco's website is the primary channel for publishing key information to investors, which may include material and previously non-public information [2].

Core Viewpoint - Sysco Corporation has demonstrated strong financial performance, leading to a notable increase in stock price and positive market outlook, supported by earnings surpassing estimates and a solid return on equity [2][4]. Financial Performance - Sysco reported earnings of $0.99 per share for the quarter, exceeding the consensus estimate of $0.98 [2][4]. - The company achieved revenue of $20.76 billion, slightly below expectations of $20.80 billion, but reflecting a 3% increase compared to the same period last year [2][4]. - Sysco's net margin stood at 2.21%, with a remarkable return on equity of 112.04% [2][4]. Stock Performance - Sysco's stock is currently priced at $83.92, marking a significant increase of 10.96% with a change of $8.29 [3]. - The stock has fluctuated between a low of $77.33 and a high of $83.96 today, with the latter being its highest price over the past year [3]. - The company has a market capitalization of approximately $40.19 billion, and the trading volume today reached 11,002,083 shares [3]. Dividend and Market Outlook - Sysco recently paid a quarterly dividend of $0.54 to stockholders of record as of January 2nd, indicating its commitment to returning value to shareholders [3]. - Barclays has set a price target of $92 for Sysco, suggesting a potential increase of 9.63% from its current trading price [2][4].

Company Overview - Sysco Corporation is a leading entity in the food distribution sector, serving a diverse clientele including restaurants and educational institutions [1] - The company has a strong presence in the U.S. market, positioning it as a formidable competitor against key distributors like US Foods and Performance Food Group [1] Financial Performance - Sysco reported an earnings per share (EPS) of $0.99, surpassing the consensus estimate of $0.98 [2][5] - The company's quarterly revenue was $20.76 billion, slightly below the expected $20.80 billion, but still reflecting a 3% increase compared to the same period last year [2][5] - Sysco achieved a net margin of 2.21% and a return on equity of 112.04% [3] Stock Performance - The stock price reached a new 52-week high of $83.91 following a strong earnings report, with the last trading price at $80.05 [2][3] - Barclays upgraded Sysco's rating to "Overweight" and raised its price target from $88 to $92 [2][5] - The stock has fluctuated between a low of $77.33 and a high of $83.96 over the past year, with a market capitalization of approximately $40.19 billion [4] Future Outlook - Sysco has raised its annual profit forecast to $4.60 per share, indicating confidence in continued strong performance [3][5] - The company’s strong performance in the U.S. market is driven by high demand for its products [3]