Company: SYY
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000096021-25-000157
Chunk: 58

Company: SYSCO CORP
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 58
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ax impact of each Certain Item by the statutory rates in effect for each jurisdiction where the Certain Item was incurred. (5)Individual components of diluted earnings per share may not equal the total presented when added due to rounding. Total diluted earnings per share is calculated using adjusted net earnings divided by diluted shares outstanding.NMRepresents that the percentage change is not meaningful.

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13-Week Period Ended Sep. 27, 202513-Week Period Ended Sep. 28, 2024Change in Dollars%/bps ChangeU.S. FOODSERVICE OPERATIONSOperating expenses (GAAP)$1,943 $1,839 $104 5.7 %Impact of restructuring and transformational project costs (1)(7)(5)(2)(40.0)Impact of acquisition-related costs (2)(29)(12)(17)NMOperating expenses adjusted for Certain Items (Non-GAAP)$1,907 $1,822 $85 4.7 %Operating income (GAAP)$880 $908 $(28)(3.1)%Impact of restructuring and transformational project costs (1)7 5 2 40.0 Impact of acquisition-related costs (2)29 12 17 NMOperating income adjusted for Certain Items (Non-GAAP)$916 $925 $(9)(1.0)%INTERNATIONAL FOODSERVICE OPERATIONSSales (GAAP)$3,966 $3,794 $172 4.5 %Impact of Mexico joint venture sales— (117)117 3.4 Comparable sales excluding Mexico joint venture (Non-GAAP)$3,966 $3,677 $289 7.9 %Sales (GAAP)$3,966 $3,794 $172 4.5 %Impact of currency fluctuations (3)(91)(91)(2.4)Comparable sales using a constant currency basis (Non-GAAP)$3,875 $3,794 $81 2.1 %Gross profit (GAAP)$826 $774 $52 6.7 %Impact of currency fluctuations (3)(24)(24)(3.1)Comparable gross profit using a constant currency basis (Non-GAAP)$802 $774 $28 3.6 %Gross margin (GAAP)20.83 %20.40 %43 bpsImpact of currency fluctuations (3)(0.13)-13 bpsComparable gross