Company: SYY
Filing Date: 2025-01-29
Form Type: 10-Q
Source: 0000096021-25-000010
Chunk: 10

Company: SYSCO CORP
Filing Date: 2025-01-29
Form: 10-Q
Item: Item 2
Chunk 10
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 $27 26.5 %Sales on a constant currency basis (Non-GAAP)$3,748 $3,597 $151 4.2 %Gross profit on a constant currency basis (Non-GAAP)760 708 52 7.3 Adjusted operating expenses on a constant currency basis (Non-GAAP)630 606 24 4.0 Adjusted operating income on a constant currency basis (Non-GAAP)$130 $102 $28 27.5 % 26-Week Period Ended Dec. 28, 202426-Week Period Ended Dec. 30, 2023Change in Dollars % Change (Dollars in millions)Sales$7,521 $7,279 $242 3.3 %Gross profit1,534 1,440 94 6.5 Operating expenses1,338 1,264 74 5.9 Operating income$196 $176 $20 11.4 %Gross profit$1,534 $1,440 $94 6.5 %Adjusted operating expenses (Non-GAAP)1,275 1,222 53 4.3 Adjusted operating income (Non-GAAP)$259 $218 $41 18.8 %Sales on a constant currency basis (Non-GAAP)$7,536 $7,279 $257 3.5 %Gross profit on a constant currency basis (Non-GAAP)1,530 1,440 90 6.3 Adjusted operating expenses on a constant currency basis (Non-GAAP)1,270 1,222 48 3.9 Adjusted operating income on a constant currency basis (Non-GAAP)$260 $218 $42 19.3 %

34

Sales

The following tables set forth the percentage and dollar value increase or decrease in the major components impacting sales as compared to the corresponding prior year period in order to demonstrate the cause and magnitude of change.

Increase (Decrease)Increase (Decrease)13-Week Period26-Week Period(Dollars in millions)(Dollars in millions)Cause of changePercentageDollarsPercentageDollarsInflation1.1 %$39 1.1 %$80 Foreign currency(0.6)(20)(0.2)(15)Other (1)3.1