Sysco stock follows CAD 1.49 billion Jetro financing
Published on 09/28/2026 at 12:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Sysco Corporation (US8718291078) was trading at USD 78.46 on the NYSE on September 28, 2026, 0.35 percent above the prior close of USD 78.19. The latest financing for its pending Jetro Restaurant Depot acquisition adds a new balance-sheet factor to fiscal 2027 growth targets.
Jetro financing advances
StockTitan reports that Sysco and Sysco Holdings issued CAD 1.50 billion of senior notes on September 25, 2026, generating CAD 1.49 billion in net proceeds. The funds are earmarked for the cash consideration and related costs of the Jetro Restaurant Depot transaction.
The financing matters because the same filing places net debt to adjusted EBITDA at 2.7 times at the end of fiscal 2026 and estimates leverage at 4.5 times when the transaction closes, while management targets a reduction of at least 1.0 times within 24 months.
Fiscal growth meets execution
Sysco finished fiscal 2026 with sales of USD 84.6 billion, a 3.9 percent increase from USD 81.4 billion in fiscal 2025. Adjusted EPS reached USD 4.61 versus USD 4.46, while GAAP diluted EPS was USD 3.66 versus USD 3.73, according to StockTitan.
In the fourth quarter of fiscal 2026, sales rose 4.7 percent to USD 22.1 billion and adjusted EPS reached USD 1.53. Fortune records management guidance for fiscal 2027 sales growth of 6 percent to 7 percent and adjusted EPS growth of 9 percent to 11 percent, including a 53rd week.
Valuation and shareholder returns
MarketBeat reports a Moderate Buy consensus from 16 analysts and an average 12-month price target of USD 89.50 against a reported USD 78.50 share price on September 22, 2026. The same report cites quarterly EPS of USD 1.53 versus USD 1.51 consensus and revenue of USD 22.12 billion versus USD 21.95 billion expected.
Sysco also declared a quarterly dividend of USD 0.55 per share, with an October 2, 2026 ex-dividend date and an October 23, 2026 payment date. The dividend schedule gives the financing story a direct shareholder-return dimension while the company pauses buybacks during the acquisition process.
Stock stays below yearly high
Sysco stock traded within USD 77.51 to USD 79.15 on September 28, 2026. Its 52-week range was USD 68.19 to USD 91.85, while market capitalization stood at USD 38.6 billion.
Sysco Corporation stock data
- Company: Sysco Corporation
- ISIN: US8718291078
- Ticker: SYY
- Trading venue: NYSE
- Price (as of September 28, 2026): USD 78.46
- Market capitalization: USD 38.6 billion (as of September 28, 2026)
- 52-week range: USD 68.19-91.85 (as of September 28, 2026)
- Sector / Industry: Consumer Defensive / Food Distribution
