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Sysco falls after after cyclosporiasis outbreak dents Q1 sales

By Reuters News9 hours ago Updated

** Shares of food distributor Sysco SYY.N fall as much as 9.1% to $74.25, their lowest since June 2026

** If losses hold, stock on track for biggest single-day decline since March 2026

** "Cyclospora outbreak had an adverse impact on the middle of the quarter," CEO Kevin Hourican says on a post-earnings call with analysts

** Expects annual sales growth in the lower end of its prior 6% to 7% and maintains adjusted EPS growth in the range of 9% to 11%

** Q1 net sales of $21.74 billion misses estimates of $22.02 billion-data compiled by LSEG

** Posts Q1 adj EPS in line with estimates

** Co names interim CFO Brandon Sewell as its new finance chief

** As of last close, stock up ~11% YTD

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