Company: SYY
Filing Date: 2025-01-29
Form Type: 10-Q
Source: 0000096021-25-000010
Chunk: 22

Company: SYSCO CORP
Filing Date: 2025-01-29
Form: 10-Q
Item: Item 2
Chunk 22
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34)(3)(8.8)Operating expenses adjusted for Certain Items (Non-GAAP)1,275 1,222 53 4.3 Impact of currency fluctuations (3)(5)(5)(0.4)Comparable operating expenses adjusted for Certain Items using a constant currency basis (Non-GAAP)$1,270 $1,222 $48 3.9 %Operating income (GAAP)$196 $176 $20 11.4 %Impact of restructuring and transformational project costs (4)26 8 18 NMImpact of acquisition-related costs (5)37 34 3 8.8 Operating income adjusted for Certain Items (Non-GAAP)259 218 41 18.8 Impact of currency fluctuations (3)1 1 0.5 Comparable operating income adjusted for Certain Items using a constant currency basis (Non-GAAP)$260 $218 $42 19.3 %SYGMASales (GAAP)$4,162 $3,820 $342 9.0 %Gross profit (GAAP)326 302 24 7.9 Gross margin (GAAP)7.83 %7.91 %-8 bps

43

26-Week Period Ended Dec. 28, 202426-Week Period Ended Dec. 30, 2023Change in Dollars%/bps  ChangeOperating expenses (GAAP)$289 $272 $17 6.3 %Operating income (GAAP)37 30 7 23.3 %OTHEROperating expenses (GAAP)$125 $131 $(6)(4.6)%Operating income (GAAP)12 20 (8)(40.0)%GLOBAL SUPPORT CENTERGross profit (GAAP)$5 $6 $(1)(16.7)%Operating expenses (GAAP)$473 $508 $(35)(6.9)%Impact of restructuring and transformational project costs (6)(20)(25)5 20.0 Impact of acquisition-related costs (7)(10)(4)(6)NMOperating expenses adjusted for Certain Items (Non-GAAP)$443 $479 $(36)(7.5)%Operating loss (GAAP)$(468)$(502)$34 6.8 %Impact of restructuring and transformational project costs (6)20 25 (5)(20.