Company: SYY
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000096021-25-000037
Chunk: 21

Company: SYSCO CORP
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 2
Chunk 21
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ross profit (GAAP)$728 $720 $8 1.1 %Impact of currency fluctuations (3)21 21 2.9 Comparable gross profit using a constant currency basis (Non-GAAP)$749 $720 $29 4.0 %Gross margin (GAAP)21.06 %20.61 %45 bpsImpact of currency fluctuations (3)(0.09)-9 bpsComparable gross margin using a constant currency basis (Non-GAAP)20.97 %20.61 %36 bpsOperating expenses (GAAP)$632 $636 $(4)(0.6)%Impact of restructuring and transformational project costs (4)(13)(7)(6)(85.7)Impact of acquisition-related costs (5)(19)(18)(1)(5.6)Operating expenses adjusted for Certain Items (Non-GAAP)600 611 (11)(1.8)Impact of currency fluctuations (3)17 17 2.8 Comparable operating expenses adjusted for Certain Items using a constant currency basis (Non-GAAP)$617 $611 $6 1.0 %Operating income (GAAP)$96 $84 $12 14.3 %Impact of restructuring and transformational project costs (4)13 7 6 85.7 Impact of acquisition-related costs (5)19 18 1 5.6 Operating income adjusted for Certain Items (Non-GAAP)128 109 19 17.4 Impact of currency fluctuations (3)4 4 3.7 Comparable operating income adjusted for Certain Items using a constant currency basis (Non-GAAP)$132 $109 $23 21.1 %SYGMAOperating expenses (GAAP)$149 $136 $13 9.6 %Operating income (GAAP)17 17 — — OTHEROperating expenses (GAAP)$63 $65 $(2)(3.1)%Operating (loss) income (GAAP)(3)6 (9)NM

43

13-Week Period Ended Mar. 29, 202513-Week Period Ended Mar. 30, 2024Change in Dollars%/bps ChangeGLOBAL SUPPORT CENTERGross profit (GAAP)$24 $12 $12 100.0 %Operating expenses (GAAP)$207 $249 $(42)(16