Jim Cramer argued on Mad Money that investors are getting Sysco's solid quarter for free after the stock dipped 2.6% post-earnings before recovering. Sysco reported adjusted non-GAAP EPS of $1.53, up 3.4% year-over-year and beating consensus by $0.02, with total revenue of $22.1 billion, up 4.7% and $210 million above expectations. Management guided fiscal 2027 sales growth of 6% to 7% and adjusted EPS growth of 9% to 11%, citing about $100 million in AI-driven efficiency improvements. Cramer also highlighted the pending Jetro Restaurant Depot acquisition, which he said would give Sysco a hammer lock on the industry, though the deal adds debt and pauses buybacks.
Sysco CorporationSysco beat earnings estimates and raised guidance, with AI-driven efficiency improvements.
Aramark HoldingsPending acquisition by Sysco highlighted as giving Sysco a dominant position, though it adds debt.
