Sysco up after annual profit forecast raise

Shares of food distributor Sysco SYY.N up 3.2% at $78.01 premarket

Co lifts FY26 adjusted EPS forecast, banking on strong demand for its food products as its U.S. business improves

Expects annual adjusted EPS to grow at the high end of 5% to 7%, or at $4.50 to $4.60, compared with previous forecast of 1% to 3% growth

Reports Q2 adjusted profit of 99 cents per share, beating analysts' estimates of 98 cents - data compiled by LSEG

Quarterly net sales of $20.76 billion in line with analysts estimates

SYY down ~4% in 2025