Company: SYY
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000096021-25-000037
Chunk: 83

Company: SYSCO CORP
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 83
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398 30 1.3 Impact of currency fluctuations (1)6 6 0.2 Comparable operating income adjusted for Certain Items using a constant currency basis (Non-GAAP)$2,434 $2,398 $36 1.5 %Operating margin (GAAP)3.65 %3.82 %-17 bpsOperating margin adjusted for Certain Items (Non-GAAP)4.03 %4.11 %-8 bpsOperating margin adjusted for Certain Items using a constant currency basis (Non-GAAP)4.03 %4.11 %-8 bpsNet earnings (GAAP)$1,297 $1,343 $(46)(3.4)%Impact of restructuring and transformational project costs (2)107 59 48 81.4 Impact of acquisition-related costs (3)121 113 8 7.1 Tax impact of restructuring and transformational project costs (4)(27)(14)(13)(92.9)Tax impact of acquisition-related costs (4)(31)(27)(4)(14.8)Net earnings adjusted for Certain Items (Non-GAAP)$1,467 $1,474 $(7)(0.5)%

41

39-Week Period Ended Mar. 29, 202539-Week Period Ended Mar. 30, 2024Change in Dollars%/bps  ChangeDiluted earnings per share (GAAP)$2.64 $2.66 $(0.02)(0.8)%Impact of restructuring and transformational project costs (2)0.22 0.12 0.10 83.3 Impact of acquisition-related costs (3)0.25 0.22 0.03 13.6 Tax impact of restructuring and transformational project costs (4)(0.05)(0.03)(0.02)(66.7)Tax impact of acquisition-related costs (4)(0.06)(0.05)(0.01)(20.0)Diluted earnings per share adjusted for Certain Items (Non-GAAP) (5)$2.98 $2.92 $0.06 2.1 %

(1)Represents a constant currency adjustment which eliminates the impact of foreign currency fluctuations on the current year results. (2)Fiscal 2025 includes $31 million related to restructuring and severance charges and $76 million related to various transformation