Sysco Reports Higher Fourth-Quarter Sales, Volume Growth; Sets 2027 Outlook

Sysco reported higher sales, earnings and case volume for the fourth quarter ended June 27, with growth across its US and international foodservice operations while introducing fiscal 2027 guidance that includes productivity gains from artificial intelligence initiatives.

Fourth-quarter sales rose 4.7%, led by a 2.5% increase in US Foodservice case volume and 2.6% growth in local case volume. Gross profit climbed 3.7% to $4.1 billion, operating income increased 10.6% to $983 million and net earnings grew 3.8% to $551 million.

Darden Sees Same-Store Sales Growth Across All Segments in Fiscal 2026

Darden Restaurants closed fiscal 2026 with sales and earnings growth that, according to President & CEO Rick Cardenas, outpaced the broader restaurant industry. Results were driven by positive same-restaurant sales across all segments, continued unit expansion and the benefit of a 53rd week of operations.

The company reported fiscal 2026 sales of $13.21 billion, up 9.4%, while blended same-restaurant sales increased 4.5%.

"Our performance throughout the fiscal year reflects the strength of our brands, the discipline of our strategy, and the quality of our...

United Natural Foods Reports Strong Profit Growth Amid Strategic Transitions in Q2

United Natural Foods (UNFI) has announced its financial results for the second quarter of fiscal 2026, revealing both challenges and opportunities ahead.

The company reported a 2.6% decline in net sales, bringing the total to $7.9 billion. This decrease was largely attributed to optimization actions, which impacted sales by nearly 500 basis points. A noteable factor in this shift was the transition out of the Allentown, Pennsylvania distribution center during the first quarter of fiscal 2026, leading to an anticipated drop...

UNFI Reports Solid Start to Fiscal 2026

United Natural Foods (UNFI) has reported the results of its financial performance for the first quarter of its 2026 fiscal year.

"We started fiscal 2026 with another quarter of solid execution and continued progress in delivering more value to our customers and suppliers as we strengthen effectiveness and efficiency. Our network optimization is proceeding ahead of schedule, and the benefits of recent supply chain investments, coupled with process improvements, is enabling us to strengthen service levels and increase throughput. This helped us deliver Adjusted EBITDA growth of nearly 25%...