Company: SYY
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000096021-25-000157
Chunk: 13

Company: SYSCO CORP
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 2
Chunk 13
---
1,839 $104 5.7 %Impact of restructuring and transformational project costs (1)(7)(5)(2)(40.0)Impact of acquisition-related costs (2)(29)(12)(17)NMOperating expenses adjusted for Certain Items (Non-GAAP)$1,907 $1,822 $85 4.7 %Operating income (GAAP)$880 $908 $(28)(3.1)%Impact of restructuring and transformational project costs (1)7 5 2 40.0 Impact of acquisition-related costs (2)29 12 17 NMOperating income adjusted for Certain Items (Non-GAAP)$916 $925 $(9)(1.0)%INTERNATIONAL FOODSERVICE OPERATIONSSales (GAAP)$3,966 $3,794 $172 4.5 %Impact of Mexico joint venture sales— (117)117 3.4 Comparable sales excluding Mexico joint venture (Non-GAAP)$3,966 $3,677 $289 7.9 %Sales (GAAP)$3,966 $3,794 $172 4.5 %Impact of currency fluctuations (3)(91)(91)(2.4)Comparable sales using a constant currency basis (Non-GAAP)$3,875 $3,794 $81 2.1 %Gross profit (GAAP)$826 $774 $52 6.7 %Impact of currency fluctuations (3)(24)(24)(3.1)Comparable gross profit using a constant currency basis (Non-GAAP)$802 $774 $28 3.6 %Gross margin (GAAP)20.83 %20.40 %43 bpsImpact of currency fluctuations (3)(0.13)-13 bpsComparable gross margin using a constant currency basis (Non-GAAP)20.70 %20.40 %30 bpsOperating expenses (GAAP)$712 $673 $39 5.8 %Impact of restructuring and transformational project costs (4)(23)(12)(11)(91.7)Impact of acquisition-related costs (5)(10)(17)7 41.2 Operating expenses adjusted for Certain Items (Non-GAAP)679 644 35 5.4 Impact of currency fluctuations (3)(23)(23)(3.5)Comparable operating expenses adjusted for