Company: SYY
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000096021-25-000037
Chunk: 37

Company: SYSCO CORP
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 37
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,860 Total liabilities and shareholders’ equity$26,347 $24,917 

Note: The June 29, 2024 balance sheet has been derived from the audited financial statements at that date.

See Notes to Consolidated Financial Statements

1

Sysco Corporation and its Consolidated Subsidiaries

CONSOLIDATED RESULTS OF OPERATIONS (Unaudited)

(In millions, except for share and per share data) 13-Week Period Ended39-Week Period Ended Mar. 29, 2025Mar. 30, 2024Mar. 29, 2025Mar. 30, 2024Sales$19,598 $19,380 $60,232 $58,288 Cost of sales16,017 15,771 49,249 47,518 Gross profit3,581 3,609 10,983 10,770 Operating expenses2,900 2,887 8,783 8,544 Operating income681 722 2,200 2,226 Interest expense149 158 469 442 Other expense (income), net 9 10 32 23 Earnings before income taxes523 554 1,699 1,761 Income taxes122 129 402 418 Net earnings$401 $425 $1,297 $1,343   Net earnings:  Basic earnings per share$0.82 $0.85 $2.65 $2.67 Diluted earnings per share0.82 0.85 2.64 2.66 Average shares outstanding487,519,382 499,642,505 490,080,591 503,027,209 Diluted shares outstanding489,331,460 501,921,446 491,973,759 504,973,406 

See Notes to Consolidated Financial Statements

2

Sysco Corporation and its Consolidated Subsidiaries

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)

(In millions) 13-Week Period Ended39-Week Period Ended Mar. 29, 2025Mar. 30, 2024Mar. 29, 2025Mar. 30, 2024Net earnings$401 $425 $1,297 $1,343 Other comprehensive income