Company: SYY
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000096021-25-000157
Chunk: 50

Company: SYSCO CORP
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 50
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 $(228)$808 Percentage of total segments87.7 %9.7 %1.7 %0.9 %100.0 %Operating income as a percentage of sales6.3 %2.7 %0.9 %3.2 %3.9 %

26

Based on information in Note 13, “Business Segment Information,” in the Notes to Consolidated Financial Statements in Item 1 of Part I of this Form 10-Q, U.S. Foodservice Operations and International Foodservice Operations, collectively, represented approximately 88.7% 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