Company: SYY
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000096021-25-000157
Chunk: 24

Company: SYSCO CORP
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 24
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,067 1,830 Total liabilities and shareholders’ equity$27,044 $26,774 

Note: The June 28, 2025 balance sheet has been derived from the audited financial statements at that date.

See Notes to Consolidated Financial Statements

1

Sysco Corporation and its Consolidated Subsidiaries

CONSOLIDATED RESULTS OF OPERATIONS (Unaudited)

(In millions, except for share and per share data) 13-Week Period Ended Sep. 27, 2025Sep. 28, 2024Sales$21,148 $20,484 Cost of sales17,247 16,731 Gross profit3,901 3,753 Operating expenses3,101 2,945 Operating income800 808 Interest expense172 160 Other expense (income), net 28 6 Earnings before income taxes600 642 Income taxes124 152 Net earnings$476 $490   Net earnings:  Basic earnings per share$0.99 $1.00 Diluted earnings per share0.99 0.99 Average shares outstanding478,761,180 492,023,827 Diluted shares outstanding480,365,666 493,785,973 

See Notes to Consolidated Financial Statements

2

Sysco Corporation and its Consolidated Subsidiaries

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)

(In millions) 13-Week Period Ended Sep. 27, 2025Sep. 28, 2024Net earnings$476 $490 Other comprehensive income (loss):Foreign currency translation adjustment(65)168 Items presented net of tax:Amortization of cash flow hedges1 1 Change in net investment hedges13 (13)Change in cash flow hedges10 (14)Amortization of actuarial loss5 5 Net actuarial gain and other adjustments arising in current year4 23 Change in marketable securities1 3 Total other comprehensive income (loss)(31)173 Comprehensive income$445 $663 

See Notes to Consolidated Financial Statements

3

Sysco Corporation and its Consolidated Subsidiaries

CHANGES IN CONSOLIDATED SHAREHOLDERS’ EQUITY (Unaudited)

(In millions, except for share data)

Accumulated