---
schema_version: "secwatch.filing_event.v1"
accession: "0000096021-23-000031"
form_type: "8-K"
ticker: "SYY"
cik: "0000096021"
company_name: "SYSCO CORP"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T06:17:15.708432+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sysco Q2: Adjusted EPS up 40% to $0.80; GAAP EPS down due to $315M pension charge

## Summary
- Sales increased 13.9% to $3.3B; U.S. Foodservice volume up 5.2%.
- Adjusted operating income rose to $682.1M (+44%); adjusted EBITDA up 23.9% to $831.3M.
- GAAP EPS fell to $0.28 from $0.33, reflecting a non-cash pension liability transfer charge of $315.4M.
- Net Debt to adjusted EBITDA ratio of 3.0x; returned over $249M to shareholders.
- CEO cites double-digit growth, market share gains, and Recipe For Growth strategy progress.

## SEC filing metadata
- accession: 0000096021-23-000031
- form_type: 8-K
- ticker: SYY
- cik: 0000096021
- company_name: SYSCO CORP
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96021/000009602123000031/0000096021-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96021/000009602123000031/syy-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000096021-23-000031
- JSON: https://secwatch.observer/filing/0000096021-23-000031.json
- Plain text: https://secwatch.observer/filing/0000096021-23-000031.txt

## Key facts
- Earnings Releases
  SYSCO CORP reported second quarter of fiscal year 2023, which ended on December 31, 2022 results: EPS $0.28.
  - Period: second quarter of fiscal year 2023, which ended on December 31, 2022
  - EPS: $0.28
  - Result: reported results
  source text: On January 31, 2023, Sysco Corporation (“Sysco”) issued a press release announcing its results of operations and financial condition for its second quarter of fiscal year 2023, which ended on December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000009602123000031/0000096021-23-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.