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Will Sysco's $500M AI Push Support Its Higher Growth Targets?
Zacks Investment Research·
Sysco Corporation announced a multi-year AI-powered efficiency program targeting at least $500 million in cost savings by fiscal 2029. The company reaffirmed its fiscal 2027 outlook with net sales growth of 6-7% and adjusted EPS growth of 9-11%, while raising fiscal 2028-2029 guidance. AI initiatives will focus on truck routing, warehouse productivity, procurement, and back-office automation.
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