secwatch.observer — SEC 8-K summary
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Issuer:     SYSCO CORP (SYY)
CIK:        0000096021
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0000096021-26-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sysco Q3 FY2026 sales +4.7%, U.S. local volumes +3.3% YoY; adj EPS down 2.1% to $0.94
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- Sales +4.7%; U.S. Foodservice volume +2.3%, U.S. local volume +3.3% (highest quarterly rate in over 3 years).
- Gross profit +6.5% to $3.8B; operating income -9.1% to $619M, adj. operating income -0.6% to $768M.
- Net earnings -15.2% to $340M; adj. net earnings -3.6% to $452M; adj. EPS $0.94 (down 2.1%).
- YTD cash flow from operations +11% to $1.5B; free cash flow +19% to $1.1B.
- Higher incentive comp costs of $63M ($0.10 EPS headwind) as previously disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96021/000009602126000019/0000096021-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96021/000009602126000019/syy-20260428.htm
  HTML page:      https://secwatch.observer/filing/0000096021-26-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer