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SYSCO CORP

For the period ended Jun 28, 2025. Filed Aug 22, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Aug 22, 2025

SYY$77.63-1.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Results of Operations

(In millions, except for share and per share data)

Year Ended
Jun. 28, 2025Jun. 29, 2024Jul. 1, 2023
(In millions except for share and per share data)
Sales$81,370$78,844$76,325
Cost of sales66,40164,23662,370
Gross profit14,96914,60813,955
Operating expenses11,88111,40610,916
Operating income3,0883,2023,039
Interest expense635607527
Other expense (income), net (1)3830227
Earnings before income taxes2,4152,5652,285
Income taxes587610515
Net earnings$1,828$1,955$1,770
Net earnings:
Basic earnings per share$3.74$3.90$3.49
Diluted earnings per share3.733.893.47
Average shares outstanding488,144,333501,238,422507,362,913
Diluted shares outstanding489,825,648503,096,086509,719,756
(1)Sysco’s second quarter of fiscal 2023 included a charge of $315 million in other expense related to pension settlement charges. See Note 14, “Company-Sponsored Employee Benefit Plans.” Sysco’s fourth quarter of fiscal 2023 included $122 million in other income related to a legacy litigation financing agreement. See Note 20, “Commitments and Contingencies.”
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.