The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

Mergers & AcquisitionsMediumUpdated•Originally published 6 May 2026•Updated 8 May 2026•

1 min read

Sysco to Acquire Restaurant Depot for $29.1B in Transformative Growth Move

Key Facts

1Sysco announced a transformative $29.1 billion acquisition of Restaurant Depot.

2The acquisition is expected to add 20% to revenue and 45% to EBITDA.

26 days ago

Version History

Version 126 days ago

What changed: Updated the story to include the Q3 fiscal 2026 financial misses in EPS and revenue, and the subsequent 3.6% decline in share price.

Sysco reported third-quarter fiscal 2026 financial results that missed market expectations, posting adjusted EPS of $0.94 on revenue of $20.5 billion. Following the report, the company's stock price fell 3.6% as investors expressed concerns over margin pressures and the complexities of acquisition integration. Despite the earnings miss, Sysco is moving forward with its transformative $29.1 billion acquisition of Restaurant Depot to capture larger market share. The deal is projected to boost revenue by 20% and increase EBITDA by 45%, supporting long-term growth in earnings per share and free cash flow. While analysts acknowledge the current operational headwinds, some suggest the recent price pullback offers an entry point for long-term investors. The company remains focused on scaling its operations and enhancing its competitive position within the food distribution industry.