Company: SYY
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000096021-25-000157
Chunk: 5

Company: SYSCO CORP
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 2
Chunk 5
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7% of Sysco’s overall sales in the first 13 weeks of fiscal 2026. U.S. Foodservice Operations and International Foodservice Operations, collectively, represented approximately 97.1% of total segment operating income, in the first 13 weeks of fiscal 2026. This illustrates that these segments represent a substantial majority of our total segment results when compared to other reportable segments.

Results of U.S. Foodservice Operations

The following table sets forth a summary of the components of operating income expressed as a percentage increase or decrease over the comparable period in the prior year:

 13-Week Period Ended Sep. 27, 202513-Week Period Ended Sep. 28, 2024Change in Dollars% Change (Dollars in millions)Sales$14,780 $14,362 $418 2.9 %Gross profit2,823 2,747 76 2.8 Operating expenses1,943 1,839 104 5.7 Operating income$880 $908 $(28)(3.1)%Gross profit$2,823 $2,747 $76 2.8 %Adjusted operating expenses (Non-GAAP)1,907 1,822 85 4.7 Adjusted operating income (Non-GAAP)$916 $925 $(9)(1.0)%

Sales

The following table sets forth the percentage and dollar value increase or decrease in the major factors impacting sales as compared to the corresponding prior year period in order to demonstrate the cause and magnitude of change:

Increase (Decrease)13-Week Period(Dollars in millions)Cause of changePercentageDollarsCase volume (1)0.1 %$18 Inflation2.6 373 Other0.2 27 Total change in sales2.9 %$418 

(1)Case volumes increased 0.1% compared to the first quarter of fiscal 2025. This volume increase resulted in a 0.1% increase in the dollar value of sales compared to the first quarter of fiscal 2025. 

The sales growth in our U.S. Foodservice Operations was primarily driven by higher inflation. Case volumes from our U.S. Foodservice Operations increased 0.1% in the first quarter of fiscal 2026, as compared to the first quarter of fiscal 2025. This includes a 0.7% increase in national case volume