Sysco Corporation has reported strong financial results for the third quarter of fiscal year 2026, posting total sales of USD 20.5 billion for the 13 weeks ended 28 March 2026, reflecting a 4.7% year-on-year increase.
Supporting this global performance is Sysco LABS Sri Lanka, Sysco’s benchmarked global innovation centre, which plays a key role in developing and maintaining the technology infrastructure that enables Sysco to operate at scale and improve efficiency across its global network.
Sysco LABS teams in Sri Lanka contribute to the development of digital ordering platforms, warehouse management systems, intelligent pricing tools, and other technology solutions that support Sysco’s operations across approximately 730,000 customer locations, 337 distribution centres, and 10 countries, with a workforce exceeding 75,000 employees worldwide.
Commenting on the performance, Sysco LABS Managing Director Thushera Kawdawatta said the results reflect the strong contribution of the Sri Lanka-based teams to Sysco’s “Recipe for Growth” strategy, highlighting their role in delivering technology-driven innovation that supports business expansion, efficiency, and value creation across the organisation.
On the financial front, U.S. Foodservice Operations generated USD 14.2 billion in sales (up 3.1%), while International Foodservice Operations recorded USD 3.9 billion (up 12.4%). Gross profit rose 6.5% to USD 3.8 billion, with gross margin expanding to 18.6%, driven by improved volumes, sourcing efficiencies, and cost management.
Adjusted net earnings stood at USD 452 million, with adjusted diluted EPS of USD 0.94. Year-to-date operating cash flow increased 11% to USD 1.5 billion, while free cash flow rose 19% to USD 1.1 billion, underscoring the company’s strong cash generation and operational resilience.