Company: SYY
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000096021-25-000037
Chunk: 63

Company: SYSCO CORP
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 63
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 serving quick-service chain restaurant customer locations; and•Other – primarily our hotel supply operations, Guest Worldwide.The accounting policies for the segments are the same as those disclosed by Sysco for its consolidated financial statements. Our Global Support Center expenses generally include all expenses of the corporate office and Sysco’s shared service operations. Collectively, our Global Support Center provides numerous centralized services to our operating sites and performs support activities for employees, suppliers and customers. These services include customer and vendor contract administration, finance, legal, information technology, risk management and insurance, sales and marketing, merchandising, inbound logistics, human resources, and strategy. Expenses for the Global Support Center primarily consist of payroll costs for 

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employees assigned to these operations, including severance, if any, all U.S. share-based compensation costs, and certain information technology, self-insurance, and depreciation expenses.   The following tables set forth certain financial information for Sysco’s reportable business segments: 13-Week Period Ended39-Week Period Ended Mar. 29, 2025Mar. 30, 2024Mar. 29, 2025Mar. 30, 2024Sales:(In millions)(In millions)U.S. Foodservice Operations$13,800 $13,707 $42,206 $40,925 International Foodservice Operations3,457 3,494 10,978 10,773 SYGMA2,084 1,904 6,246 5,724 Other257 275 802 866 Total$19,598 $19,380 $60,232 $58,288  13-Week Period Ended39-Week Period Ended Mar. 29, 2025Mar. 30, 2024Mar. 29, 2025Mar. 30, 2024Operating income (loss):(In millions)(In millions)U.S. Foodservice Operations$754 $852 $2,496 $2,632 International Foodservice Operations96 84 292 260 SYGMA17 17 54 46 Other(3)6 9 27 Total segments864 959 2,851 2,965 Global Support Center(183)(237)(651)(739)Total operating income681 722 2,200 2,226 Interest expense149 158 469 442 Other expense (income), net9 10