secwatch.observer — SEC 8-K summary
======================================

Issuer:     SYSCO CORP (SYY)
CIK:        0000096021
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0000096021-22-000206
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sysco Q1 sales +16.2%, US volume +7.3%, adjusted EPS $0.97 vs $0.83
-------------------------------------------------------------------

- Sales increased 16.2% YoY; U.S. Foodservice volume up 7.3%; gross profit $3.5B (+17.4%).
- Operating income $734.3M (+16.3%); adjusted operating income $770.3M.
- EPS $0.91 vs $0.73; adjusted EPS $0.97 vs $0.83.
- EBITDA $908M, adjusted EBITDA $916.9M; CEO cites market share gains and Recipe for Growth.
- Company reaffirms target to grow >1.35x market for fiscal year; continues shareholder returns.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96021/000009602122000206/0000096021-22-000206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96021/000009602122000206/syy-20221101.htm
  HTML page:      https://secwatch.observer/filing/0000096021-22-000206

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer