---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-26-001434"
form_type: "8-K"
ticker: "SYY"
cik: "0000096021"
company_name: "SYSCO CORP"
filed_at: "2026-05-18T17:00:25+00:00"
generated_at: "2026-05-18T17:02:07.582439+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sysco targets $250M annual synergies in Restaurant Depot acquisition; pro forma EBITDA +45%

## Summary
- Deal to add ~$16B revenue; pro forma revenue +20%, Adj. EBITDA +45%, FCF +55%.
- Year 1 EPS accretion mid-to-high single digit; Year 2 low-to-mid teens.
- Net leverage to start at 4.5x, targeting 2.75x within 24 months via debt reduction.
- Plans 125+ net new U.S. locations over two decades; 80% of stores are owned.
- $250M annualized net cost synergies; additional upside beyond that figure.

## SEC filing metadata
- accession: 0000950142-26-001434
- form_type: 8-K
- ticker: SYY
- cik: 0000096021
- company_name: SYSCO CORP
- filed_at: 2026-05-18T17:00:25+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96021/000095014226001434/0000950142-26-001434-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96021/000095014226001434/eh260780816_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-26-001434
- JSON: https://secwatch.observer/filing/0000950142-26-001434.json
- Plain text: https://secwatch.observer/filing/0000950142-26-001434.txt

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