---
schema_version: "secwatch.filing_event.v1"
accession: "0000096021-23-000087"
form_type: "8-K"
ticker: "SYY"
cik: "0000096021"
company_name: "SYSCO CORP"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T21:36:09.731944+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sysco reports record Q4 sales, operating income, and cash flow; EPS up 45.5%

## Summary
- Sales +4.1% YoY; U.S. Foodservice volume +2.3%; gross profit +7.0% to $3.7B.
- Operating income +26.5% to $969.4M; adjusted operating income +16.9% to $1.0B (record).
- EPS $1.44 (+45.5%); adjusted EPS $1.34 (+16.5%).
- Returned $370.9M capital: $122.3M share repurchases, $248.6M dividends.
- Net debt ratio improved to 2.5x; record free cash flow for full year.

## SEC filing metadata
- accession: 0000096021-23-000087
- form_type: 8-K
- ticker: SYY
- cik: 0000096021
- company_name: SYSCO CORP
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96021/000009602123000087/0000096021-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96021/000009602123000087/syy-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000096021-23-000087
- JSON: https://secwatch.observer/filing/0000096021-23-000087.json
- Plain text: https://secwatch.observer/filing/0000096021-23-000087.txt

## Key facts
- Earnings Releases
  SYSCO CORP reported financial results for 13-week fourth fiscal quarter and its fiscal year ended July 1, 2023.
  - Period: 13-week fourth fiscal quarter and its fiscal year ended July 1, 2023
  - Result: reported results
  source text: On August 1, 2023, Sysco Corporation (“Sysco”) issued a press release announcing its results of operations and financial condition for its fourth quarter and fiscal year ended on July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000009602123000087/0000096021-23-000087-index.htm
- Earnings Releases
  SYSCO CORP reported financial results for fourth quarter of fiscal year 2023.
  - Period: fourth quarter of fiscal year 2023
  - Result: reported results
  source text: Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week fourth fiscal quarter and its fiscal year ended July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000009602123000087/0000096021-23-000087-index.htm

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