Company: SYY
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000096021-25-000037
Chunk: 18

Company: SYSCO CORP
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 2
Chunk 18
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)133 133 0.3 Comparable sales using a constant currency basis (Non-GAAP)$60,365 $58,288 $2,077 3.6 %Cost of sales (GAAP)$49,249 $47,518 $1,731 3.6 %Gross profit (GAAP)$10,983 $10,770 $213 2.0 %Impact of currency fluctuations (1)18 18 0.1 Comparable gross profit adjusted for Certain Items using a constant currency basis (Non-GAAP)$11,001 $10,770 $231 2.1 %Gross margin (GAAP)18.23 %18.48 %-25 bpsImpact of currency fluctuations (1)(0.01)-1 bpsComparable gross margin adjusted for Certain Items using a constant currency basis (Non-GAAP)18.22 %18.48 %-26 bpsOperating expenses (GAAP)$8,783 $8,544 $239 2.8 %Impact of restructuring and transformational project costs (2)(107)(59)(48)(81.4)Impact of acquisition-related costs (3)(121)(113)(8)(7.1)Operating expenses adjusted for Certain Items (Non-GAAP)8,555 8,372 183 2.2 Impact of currency fluctuations (1)12 12 0.1 Comparable operating expenses adjusted for Certain Items using a constant currency basis (Non-GAAP)$8,567 $8,372 $195 2.3 %Operating expense as a percentage of sales (GAAP)14.58 %14.66 %-8 bpsImpact of certain item adjustments(0.38)(0.30)-8 bpsAdjusted operating expense as a percentage of sales (Non-GAAP)14.20 %14.36 %-16 bpsOperating income (GAAP)$2,200 $2,226 $(26)(1.2)%Impact of restructuring and transformational project costs (2)107 59 48 81.4 Impact of acquisition-related costs (3)121 113 8 7.1 Operating income adjusted for Certain Items (Non-GAAP)2,428 2,398 30 1.3 Impact of currency fluctuations (1)6 6 0.2 Comparable operating income adjusted for