secwatch.observer — SEC 8-K summary
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Issuer:     SYSCO CORP (SYY)
CIK:        0000096021
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000096021-23-000087
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96021/000009602123000087/0000096021-23-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96021/000009602123000087/syy-20230801.htm
  HTML page:      https://secwatch.observer/filing/0000096021-23-000087

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