What changed
Sysco elected Jason Murray and Tom Ondrof to its Board effective September 1, 2026, increasing the board to 13 directors. The company reiterated fiscal 2027 guidance of 6% to 7% revenue growth and 9% to 11% adjusted EPS growth on a 53-week basis. The outlook includes a $100 million cost-savings program driven by AI process improvements, automation, and operating efficiencies.
Why it matters
Sysco elected Jason Murray and Tom Ondrof to its Board effective September 1, 2026, increasing the board to 13 directors. The company reiterated fiscal 2027 guidance of 6% to 7% revenue growth and 9% to 11% adjusted EPS growth on a 53-week basis. The outlook includes a $100 million cost-savings program driven by AI process improvements, automation, and operating efficiencies.