NYSE$SYY
Sysco Corp · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Sysco's fourth quarter results were strong, driven by market share gains and rebounding industry demand.
Sysco Corporation reported strong fourth-quarter results, with sales increasing 82.0% compared to the same period in fiscal year 2020 and increasing 4.3% versus the same period in fiscal year 2019. The company managed inflation effectively and saw improvements in international operations. Sysco also raised its FY22 guidance.
- Sales were stronger than expected.
- Share gains continue, driven by new customer wins.
- Sysco’s Recipe for Growth strategy advances.
- International operations show profit improvement.
Headline financials
Revenue & EPS history
Sysco · Revenue · Quarterly
$16.1B
Revenue by segment
Sysco · $16.1B total across 4 segments · Q4 2021
- U.S. Foodservice$11.5B+88.8%71.4%
- International Foodservice$2.5B+78.3%15.5%
- SYGMA$1.87B+45.3%11.6%
- Other$249M+144.7%1.5%
Forward guidance
Sysco raises FY22 EPS guidance to $3.33 to $3.53.
Tailwinds
- Improving international financials
- Installation of new pricing systems nationally
- Ability to accelerate profitable growth
- Ability to grow faster than the total market
- Commitments to add new leadership in international markets and enhanced strategies to boost performance
Headwinds
- Risks of interruption of supplies due to lack of long-term contracts
- Severe weather and crop conditions
- Work stoppages and intense competition
- Technology disruptions and dependence on large, long-term regional and national customers
- Inflation risks and the impact of fuel prices
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
+0.2%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+2.0%
Avg return
30 days after
42%
30 / 71 earnings
Positive
+12.8%
Q1 2017
Best reaction
-9.6%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -1.6% | -1.7% | -1.7% | |
| Q2 2026 | +10.4% | +10.9% | +17.8% | |
| Q1 2026 | -2.7% | -4.8% | -2.7% | |
| Q3 2025 | -0.3% | +0.5% | +2.3% | |
| Q2 2025 | -6.0% | -5.1% | -2.8% | |
| Q1 2025 | -1.1% | -0.1% | +2.1% | |
| Q4 2024 | +4.6% | +4.7% | +5.8% | |
| Q3 2024 | -5.4% | -2.4% | -7.2% | |
| Q2 2024 | +7.7% | +8.4% | +7.7% | |
| Q1 2024 | +0.2% | +2.3% | +10.1% | |
| Q4 2023 | -0.9% | -3.3% | -8.7% | |
| Q3 2023 | -2.0% | -0.1% | -7.2% | |
| Q2 2023 | -0.2% | -1.8% | -3.3% | |
| Q1 2023 | -5.9% | -5.0% | -0.6% | |
| Q4 2022 | -5.8% | -2.3% | -4.3% | |
| Q3 2022 | +3.7% | +4.5% | +1.7% | |
| Q2 2022 | +1.8% | +3.3% | +0.1% | |
| Q1 2022 | -2.3% | -5.2% | -8.1% | |
| Q4 2021 | +6.4% | +8.2% | +6.2% | |
| Q3 2021 | -1.2% | +2.6% | -4.5% | |
| Q2 2021 | +6.7% | +7.7% | +11.0% | |
| Q1 2021 | +6.4% | +6.6% | +30.8% | |
| Q4 2020 | -0.7% | -0.9% | +2.8% | |
| Q3 2020 | -3.6% | -1.0% | +8.8% | |
| Q2 2020 | -8.6% | -5.8% | -14.0% | |
| Q1 2020 | -1.5% | -1.1% | +0.9% | |
| Q4 2019 | +4.8% | +4.2% | +10.1% | |
| Q3 2019 | +3.4% | +4.9% | +0.5% | |
| Q2 2019 | +2.8% | +4.1% | +4.3% | |
| Q1 2019 | -9.6% | -6.3% | -7.2% | |
| Q4 2018 | +8.3% | +9.3% | +8.8% | |
| Q3 2018 | +0.7% | +0.9% | +5.6% | |
| Q2 2018 | -2.5% | -4.7% | -1.7% | |
| Q1 2018 | -7.2% | -4.4% | +5.0% | |
| Q4 2017 | +0.0% | -0.8% | +3.7% | |
| Q3 2017 | -0.7% | -2.5% | -1.0% | |
| Q2 2017 | -0.6% | +0.2% | -0.4% | |
| Q1 2017 | +12.8% | +10.6% | +13.5% | |
| Q4 2016 | -0.2% | +0.5% | -5.0% | |
| Q3 2016 | +5.3% | — | — | |
| Q2 2016 | +7.5% | — | — | |
| Q1 2016 | -0.7% | — | — | |
| Q4 2015 | +2.8% | — | — | |
| Q3 2015 | -2.8% | — | — | |
| Q2 2015 | +0.9% | — | — | |
| Q1 2015 | -3.1% | — | — | |
| Q4 2014 | +3.0% | — | — | |
| Q3 2014 | +1.0% | — | — | |
| Q2 2014 | -1.4% | — | — | |
| Q1 2014 | +2.3% | — | — | |
| Q4 2013 | -5.4% | — | — | |
| Q3 2013 | -0.8% | — | — | |
| Q2 2013 | -2.2% | — | — | |
| Q1 2013 | -2.3% | — | — | |
| Q4 2012 | +5.6% | — | — | |
| Q3 2012 | +0.4% | — | — | |
| Q2 2012 | -5.0% | — | — | |
| Q4 2010 | -1.3% | — | — | |
| Q4 2011 | -1.3% | — | — | |
| Q1 2012 | +1.1% | — | — | |
| Q3 2011 | -1.3% | — | — | |
| Q2 2011 | +0.1% | — | — | |
| Q1 2011 | -0.9% | — | — | |
| Q4 2008 | +3.1% | — | — | |
| Q3 2009 | +0.0% | — | — | |
| Q3 2010 | +0.0% | — | — | |
| Q2 2010 | -2.0% | — | — | |
| Q2 2009 | -2.0% | — | — | |
| Q4 2009 | -0.0% | — | — | |
| Q1 2010 | -0.0% | — | — | |
| Q1 2009 | -0.0% | — | — |
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