Company: SYY
Filing Date: 2025-08-22
Form Type: 10-K
Source: 0000096021-25-000099
Chunk: 157

Company: SYSCO CORP
Filing Date: 2025-08-22
Form: 10-K
Item: Item 7
Chunk 157
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$2,947 $151 5.1 %Gross margin (GAAP)20.86 %20.24 %62 bpsImpact of currency fluctuations (3)(0.12)-12 bpsComparable gross margin using a constant currency basis (Non-GAAP)20.74 %20.24 %50 bpsOperating expenses (GAAP)$2,672 $2,572 $100 3.9 %Impact of restructuring and transformational project costs (4)(74)(45)(29)(64.4)Impact of acquisition-related costs (5)(74)(72)(2)(2.8)Operating expenses adjusted for Certain Items (Non-GAAP)2,524 2,455 69 2.8 Impact of currency fluctuations (3)(11)(11)(0.4)Comparable operating expenses adjusted for Certain Items using a constant currency basis (Non-GAAP)$2,513 $2,455 $58 2.4 %Operating income (GAAP)$437 $375 $62 16.5 %Impact of restructuring and transformational project costs (4)74 45 29 64.4 Impact of acquisition-related costs (5)74 72 2 2.8 

41

20252024Change in Dollars%/bps ChangeOperating income adjusted for Certain Items (Non-GAAP)585 492 93 18.9 Impact of currency fluctuations (3)— — — Comparable operating income adjusted for Certain Items using a constant currency basis (Non-GAAP)$585 $492 $93 18.9 %SYGMASales (GAAP)$8,410 $7,768 $642 8.3 %Gross profit (GAAP)662 617 45 7.3 %Gross margin (GAAP)7.87 %7.94 %-7 bpsOperating expenses (GAAP)$581 $545 $36 6.6 %Operating income (GAAP)81 72 9 12.5 %OTHERSales (GAAP)$1,090 $1,176 $(86)(7.3)%Gross profit (GAAP)266 307 (41)(13.4)%Gross margin (GAAP)24.40 %26.11 %-171 bpsOperating expenses (GAAP)$339 $267