Citable filing context
SYY's research view summarizes recent SEC filing context, starting with acquisition from Aug 12, 2026.
| Filed | Item | Context |
|---|---|---|
| Aug 12, 2026 | acquisition | Sysco provided an investor presentation regarding its previously announced acquisition of JRD Unico, Inc. and Warehouse Realty, LLC. |
| Aug 4, 2026 | earnings | Sysco reported fiscal fourth quarter 2026 sales of $22.1 billion, a 4.7% increase year-over-year. |
| Jul 2, 2026 | acquisition | Sysco's subsidiary filed a Form S-4 registration statement regarding its merger with JRD Unico and Warehouse Realty. |
| Aug 12, 2026 | Guidance: adjusted_eps_growth | 9.00 to 11.00 |
| Aug 12, 2026 | Guidance: sales_growth | 6.00 to 7.00 |
| Aug 4, 2026 | Guidance: adjusted_eps_growth | 9.00 to 11.00 |
| Apr 29, 2026 | mda_quarterly | Sysco reported third-quarter fiscal 2026 sales of $20.5 billion, a 4.7% increase driven by volume growth, including a 3.3% rise in U.S. local case volumes, despite a 1.9% decline in restaurant foot traffic. Gross profit increased 6.5% through strategic sourcing and the management of 2.8% inflation in dairy, meat, and seafood. GAAP operating income declined 9.1% to $619 million, primarily due to higher incentive compensation, restructuring, and acquisition costs. The company is aggressively expanding its footprint through the acquisitions of Fairfax Meadow and Ginsberg’s Foods and a definitive agreement to acquire Jetro Restaurant Depot for approximately $29.1 billion to enter the wholesale cash-and-carry market. This transaction is being financed via a $19 billion bridge loan and a $3 billion delayed draw term loan. In Europe, Sysco is rebranding Brakes to Sysco GB, which will result in $100 million of amortization over two years. Key financial risks include a legal dispute with the IRS regarding foreign tax credits from Canadian operations and ongoing macroeconomic pressure on consumer sentiment. Additionally, Sysco utilized the Inflation Reduction Act to purchase $241 million in Transferable Tax Credits to offset federal income tax liabilities. |
| Jan 28, 2026 | mda_quarterly | Sysco reported second-quarter fiscal 2026 sales of $20.8 billion, a 3.0% increase driven by growth across U.S. Foodservice, International Foodservice, and SYGMA segments. Gross profit rose 3.9% due to strategic sourcing and inflation management, though GAAP operating income declined 2.8% to $692 million, weighed down by restructuring, transformation, and acquisition costs. Adjusted operating income grew 3.1% to $807 million. Despite a 230-basis-point sequential decline in restaurant foot traffic, U.S. local case volume grew 1.2%. Enterprise-wide inflation was 2.9%, primarily concentrated in meat and seafood. International sales grew 7.3%, supported by the acquisition of Fairfax Meadow and expanded supply chain capacity, though results were offset by currency fluctuations. In the UK, the rebranding of Brakes to Sysco GB will trigger approximately $100 million in amortization over two years. Free cash flow for the first 26 weeks reached $413 million, and the company intends to resume share repurchases in the second half of the year. Financial risks include volatile consumer sentiment and an ongoing IRS dispute regarding foreign tax credits from Canadian operations. |
Source: SEC EDGAR filing text and events; period Aug 12, 2026; filed Aug 12, 2026.
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