Sysco sees FY26 effective tax rate 23.5%-24%

Says teams remain ‘nimble and focused’. Says expects acceleration of sales productivity to continue in FY26. Says balance sheet ‘remains robust’. Says plans to return to target net debt leverage ratio in FY26. Says FY26 adjusted EPS guidance includes approximately $100M in carry over impact from incentive comp for the year, impacting year over year comparability. Says excluding this impact, the outlook reflects adjusted EPS growth of approximately 5% to 7%, with the midpoint in-line with long-term growth algorithm. Sees Capex approx. $700M.