secwatch.observer — SEC 8-K summary
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Issuer:     SYSCO CORP (SYY)
CIK:        0000096021
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000096021-24-000057
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sysco Q4 FY2024 adjusted EPS +3.7% to $1.39; sales +4.2%; guides FY2025 4%-6% sales growth
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- Q4 sales $3.8B (+4.2%); US Foodservice volume +3.5%; local case volume +0.7%
- Q4 GAAP EPS $1.23 (-14.6%); adjusted EPS $1.39 (+3.7%)
- Q4 adjusted operating income $1.1B (+6.4%); adjusted EBITDA $1.3B (+5.4%)
- FY2024: returned over $2.2B to shareholders via dividends and share repurchases
- FY2025 three-year target: net sales CAGR 4-6%, adj. EPS CAGR 6-8%, total shareholder return 9-11%

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96021/000009602124000057/0000096021-24-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96021/000009602124000057/syy-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000096021-24-000057

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