---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-26-000899"
form_type: "8-K"
ticker: "SYY"
cik: "0000096021"
company_name: "SYSCO CORP"
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:30:22.354422+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Sysco to acquire Jetro Restaurant Depot for $29.1B; enters Cash & Carry channel

## Summary
- $21.6B cash + 91.5M Sysco shares; EV $29.1B, 14.6x Jetro's 2025 operating income.
- Jetro generated ~$16B revenue, ~$2.1B EBITDA, ~$1.9B FCF in calendar 2025.
- Expected close by Q3 fiscal 2027; mid-to-high single-digit EPS accretive in year 1.
- Annualized net cost synergies ~$250M within 3 years; plan to open 125+ new locations.
- Sysco reaffirms FY2026 adjusted EPS at $4.50-$4.60 high end; Q3 local case growth >3%.

## SEC filing metadata
- accession: 0000950142-26-000899
- form_type: 8-K
- ticker: SYY
- cik: 0000096021
- company_name: SYSCO CORP
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96021/000095014226000899/0000950142-26-000899-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96021/000095014226000899/eh260758391_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-26-000899
- JSON: https://secwatch.observer/filing/0000950142-26-000899.json
- Plain text: https://secwatch.observer/filing/0000950142-26-000899.txt

## Key facts
- Earnings Releases
  SYSCO CORP updated its third quarter of fiscal 2026, which ended on March 28, 2026 guidance (reaffirmed).
  - Period: third quarter of fiscal 2026, which ended on March 28, 2026
  - Guidance: reaffirmed
  - Result: reported results
  source text: On March 30, 2026, Sysco provided supplemental information regarding the transactions described in Item 7.01 below in a presentation to analysts and investors, which also included certain information regarding Sysco’s results of operations for its third quarter of fiscal 2026 and for its fiscal 2026, which is ending on June 27, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000095014226000899/0000950142-26-000899-index.htm

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