Sysco Corporation (NYSE:SYY) stock rose on Tuesday after the company reported second-quarter fiscal 2026 results.
Sysco’s customers include restaurant chains KFC, Subway, Burger King and Applebees.
The company reported second-quarter adjusted earnings per share of 99 cents, beating the analyst consensus estimate of 98 cents.
Quarterly Metrics
Quarterly sales came in at $20.762 billion, essentially matching the Street view of $20.767 billion and marking a 3.0% year-over-year increase.
U.S. Foodservice volume increased 0.8%, while U.S. local volumes grew 1.2%.
“We delivered our third consecutive quarter of sequentially improving local case growth. More importantly, USFS local case volume is now …