---
schema_version: "secwatch.filing_event.v1"
accession: "0000096021-24-000040"
form_type: "8-K"
ticker: "SYY"
cik: "0000096021"
company_name: "SYSCO CORP"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:19:21.279513+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sysco Q3 FY2024: Adj EPS $0.96 (+6.7%); raises cost-out target to $120M

## Summary
- Sales +2.7%; U.S. Foodservice volume +2.9%; local volumes +0.4%.
- GAAP EPS $0.85 vs $0.84; adjusted EPS $0.96 (+6.7%).
- Gross profit $3.6B (+5.2%); operating income $722M (+3.8%); adj operating income $799M (+8.4%).
- Raised FY2024 cost-out target from $100M to $120M.
- Returned $753M to shareholders ($500M buybacks, $253M dividends); on track for $2.25B for FY24.

## SEC filing metadata
- accession: 0000096021-24-000040
- form_type: 8-K
- ticker: SYY
- cik: 0000096021
- company_name: SYSCO CORP
- filed_at: 2024-04-30T23:59:59+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/96021/000009602124000040/0000096021-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96021/000009602124000040/syy-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000096021-24-000040
- JSON: https://secwatch.observer/filing/0000096021-24-000040.json
- Plain text: https://secwatch.observer/filing/0000096021-24-000040.txt

## Key facts
- Earnings Releases
  SYSCO CORP updated its third quarter of fiscal year 2024 guidance (raised).
  - Period: third quarter of fiscal year 2024
  - Guidance: raised
  - Result: reported results
  source text: Sysco Corporation (“Sysco”) issued a press release announcing its results of operations and financial condition for its third quarter of fiscal year 2024, which ended on March 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000009602124000040/0000096021-24-000040-index.htm

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