---
schema_version: "secwatch.filing_event.v1"
accession: "0000096021-23-000063"
form_type: "8-K"
ticker: "SYY"
cik: "0000096021"
company_name: "SYSCO CORP"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:29:45.872740+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sysco Q3: record adjusted operating income $735.5M; EPS $0.84, sales +11.7% YoY

## Summary
- Sales increased 11.7% YoY; gross profit $3.4B (+13.9%); US foodservice volume +6.1%.
- Operating income $694.2M (+40.0%); adjusted operating income record $735.5M (+27.8%).
- GAAP EPS $0.84 (+42.4%); adjusted EPS $0.90 (+26.8%); EBITDA $885M (+25.8%).
- Net debt to adjusted EBITDA 2.8x; returned $359M to shareholders ($110M buybacks, $249M dividends).
- Free cash flow $980M year-to-date; supply chain efficiency gains and market share gains.

## SEC filing metadata
- accession: 0000096021-23-000063
- form_type: 8-K
- ticker: SYY
- cik: 0000096021
- company_name: SYSCO CORP
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96021/000009602123000063/0000096021-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96021/000009602123000063/syy-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000096021-23-000063
- JSON: https://secwatch.observer/filing/0000096021-23-000063.json
- Plain text: https://secwatch.observer/filing/0000096021-23-000063.txt

## Key facts
- Earnings Releases
  SYSCO CORP reported third quarter of fiscal year 2023 ended April 1, 2023 results: EPS $0.84.
  - Period: third quarter of fiscal year 2023 ended April 1, 2023
  - EPS: $0.84
  - Result: reported results
  source text: Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week third fiscal quarter ended April 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000009602123000063/0000096021-23-000063-index.htm

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