SYSCO CORP — fact timeline

SYSCO CORP reported third quarter of fiscal year 2026 ended March 28, 2026 results: net income $340 million, EPS $0.71.

“Key financial results for the third quarter of fiscal year 2026 include the following (comparisons are to the same period in fiscal year 2025): • Sales increased 4.7%; U.S. Foodservice volume increased 2.3%, U.S. local volume increased 3.3%; • Gross profit increased 6.5% to $3.8 billion; • Operating income decreased 9.1% to $619 million, and adjusted operating income decreased 0.6% to $768 million 1 ; • Net earnings decreased 15.2% to $340 million, and adjusted net earnings decreased 3.6% to $452 million 1 ; • Cash flow from operations increased 11% to $1.5 billion and free cash flow 2 increased 19% to $1.1 billion on a year-to-date basis; • EBITDA decreased 5.1% to $864 million 3 , and adjusted EBITDA increased 0.1% to $970 million 1,3 ; and • EPS 4 decreased 13.4% to $0.71, and adjusted EPS 1 decreased 2.1% to $0.94, inclusive of higher incentive compensation costs of $63 million, as previously disclosed, representing a $0.10 impact to EPS.”

SYSCO CORP entered into New Term Credit Agreement with Bank of America, N.A., as the administrative agent, and the lenders and guarantors party thereto valued at $3.0 billion (effective 2026-04-16).

“On April 16, 2026, Sysco also entered into a Term Loan Credit Agreement with Bank of America, N.A., as the administrative agent, and the lenders and guarantors party thereto (the " New Term Credit Agreement " and, together with the New Revolver Credit Agreement, the " New Credit Agreements ").”

SYSCO CORP entered into New Revolver Credit Agreement with Bank of America, N.A., as the administrative agent, and the lenders and guarantors party thereto valued at $3.0 billion (effective 2026-04-16).

“On April 16, 2026, Sysco Corporation (" Sysco "), a Delaware corporation, and its wholly-owned subsidiaries, Sysco Canada, Inc., a British Columbia corporation (" Sysco Canada "), and Sysco Global Holdings B.V., a Netherlands limited liability company (together with Sysco Canada, the " Subsidiary Borrowers "), entered into a Credit Agreement with Bank of America, N.A., as the administrative agent, and the lenders and guarantors party thereto (the " New Revolver Credit Agreement "), which replaces Sysco’s existing $3.0 billion senior revolving credit facility that was originally entered into on September 5, 2025 (as amended, the " Existing Credit Agreement ").”

SYSCO CORP incurred term loan of $3.0 billion ($1.25 billion Tranche A and $1.75 billion Tranche B) with Bank of America, N.A. maturing Tranche A: 364 days from Closing Date; Tranche B: two years from Closing Date.

“The aggregate commitments of the lenders under the New Term Credit Agreement, as of the effective date, are $3.0 billion, which consists of a $1.25 billion tranche of commitments (the “ Tranche A Commitments ”) and a $1.75 billion tranche of commitments (the “ Tranche B Commitments ”).”

SYSCO CORP incurred revolving credit of $3.0 billion (increasing to $4.0 billion after Closing Date, with option to increase to $5.0 billion) with Bank of America, N.A. maturing April 16, 2031.

“The aggregate commitments of the lenders under the New Revolver Credit Agreement, as of the effective date, are $3.0 billion, and such commitments will increase to $4.0 billion from and after the consummation of the previously announced acquisition of JRD Unico, Inc.”

SYSCO CORP updated its third quarter of fiscal 2026, which ended on March 28, 2026 guidance (reaffirmed).

“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”

SYSCO CORP entered into Agreement and Plan of Merger with JRD Unico, Inc., Warehouse Realty, LLC (collectively, Jetro Restaurant Depot) valued at $21.6 billion in cash and 91.5 million shares of HoldCo Common Stock (effective 2026-03-30).

“On March 30, 2026, Sysco Corporation, a Delaware corporation (“ Sysco ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with JRD Unico, Inc., a Delaware corporation (“ JRD ”), Warehouse Realty, LLC, a Delaware limited liability company (“ Warehouse Realty ”, together with JRD, known as “ Jetro Restaurant Depot ”), New Slider Holdco, Inc., a Delaware corporation and a wholly owned subsidiary of Sysco (“ HoldCo ”), Slider Merger Sub 1, Inc., a Delaware corporation and a wholly owned subsidiary of HoldCo (“ Merger Sub 1 ”), Slider Merger Sub 2, Inc., a Delaware corporation and a wholly owned subsidiary of HoldCo (“ Merger Sub 2 ”), Slider Merger Sub 3, LLC, a Delaware limited liability company and a wholly owned subsidiary of HoldCo (“ Merger Sub 3 ”), and a holder representative (the “ Holder Representative ”), solely in its capacity as the initial Holder Representative (as defined in the Merger Agreement).”

SYSCO CORP incurred senior notes of $650,000,000 aggregate principal amount with U.S. Bank Trust Company, N.A. at 4.950% per annum maturing March 25, 2036.

“$650,000,000 aggregate principal amount of the Company’s 4.950% Senior Notes due 2036”

SYSCO CORP incurred senior notes of $600,000,000 aggregate principal amount with U.S. Bank Trust Company, N.A. at 4.400% per annum maturing July 25, 2031.

“On February 13, 2026, Sysco Corporation (the “Company”) issued and sold $600,000,000 aggregate principal amount of the Company’s 4.400% Senior Notes due 2031”

SYSCO CORP entered into Forty-Ninth Supplemental Indenture with U.S. Bank Trust Company, N.A. (effective 2026-02-13).

“of New York Mellon, as trustee, and the Forty-Eighth Supplemental Indenture thereto, dated as of February 13, 2026 (the “Forty-Eighth Supplemental Indenture”), by and among the Company, the Subsidiary Guarantors (as defined in the Supplemental Indentures) and U.S. Bank Trust Company, N.A. (the “Trustee”), as trustee thereunder solely with respect to the Notes, in lieu of Bank of New York Mellon.”

SYSCO CORP entered into Forty-Eighth Supplemental Indenture with U.S. Bank Trust Company, N.A. (effective 2026-02-13).

“stee, as supplemented and amended by the Thirteenth Supplemental Indenture thereto dated as of February 17, 2012 (the “Thirteenth Supplemental Indenture”), by and among the Company, the guarantors named therein and Bank of New York Mellon, as trustee, and the Forty-Eighth Supplemental Indenture thereto, dated as of February 13, 2026 (the “Forty-Eighth Supplemental Indenture”), by and among the Company, the Subsidiary Guarantors (as defined in the Supplemental Indentures) and U.S.”

SYSCO CORP incurred credit facility of $3.0 billion with Bank of America, N.A., as Administrative Agent, and the lenders and guarantors party thereto maturing September 5, 2030.

“The aggregate commitments of the lenders under the New Credit Agreement, as of the effective date, are $3.0 billion”

SYSCO CORP incurred senior notes of $700,000,000 aggregate principal amount of the 2030 Notes and $550,000,000 aggregate principal amount of the 2035 Notes with underwriters at 5.100% per annum for 2030 Notes and 5.400% per annum for 2035 Notes maturing 2030 Notes mature on September 23, 2030 and 2035 Notes mature on March 23, 2035.

“On February 25, 2025, Sysco Corporation (the “Company”) issued and sold $700,000,000 aggregate principal amount of the Company’s 5.100% Senior Notes due 2030 (the “2030 Notes”) and $550,000,000 aggregate principal amount of the Company’s 5.400% Senior Notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”).”

Roberto Marques was elected as Director at SYSCO CORP.

“On August 15, 2024, the Board of Directors (the “Board”) of Sysco Corporation (“Sysco” or the “Company”) increased the size of the Board from ten to eleven directors and elected Mr. Roberto Marques to fill the resulting vacancy, effective on August 15, 2024.”

SYSCO CORP updated its third quarter of fiscal year 2024 guidance (raised).

“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.”

Larry C. Glasscock was appointed as Lead Independent Director at SYSCO CORP.

“The Board appointed Mr. Larry C. Glasscock to serve as Lead Independent Director effective as of April 30, 2024.”

Kevin P. Hourican was appointed as Chair of the Board at SYSCO CORP.

“Coinciding with Mr. Shirley’s resignation, effective as of April 30, 2024, the Board appointed Chief Executive Officer Mr. Kevin P. Hourican as Chair of the Board to succeed Mr. Shirley in that role.”

Edward D. Shirley resigned as Chair of the Board at SYSCO CORP.

“On April 26, 2024, Edward D. Shirley provided notice to Sysco Corporation (the “Company”) of his resignation as a member of the Board of Directors (the “Board”) of the Company, including any Board committees, and from his service as the Chair of the Board for personal health reasons, which resignation was effective as of April 30, 2024.”

SYSCO CORP shareholders rejected Stockholder proposal related to re-establishing a policy for eliminating or reducing gestation crates in the Company’s pork supply chain at the 2023-11-17 meeting.

“The stockholder proposal related to re-establishing a policy for eliminating or reducing gestation crates in the Company’s pork supply chain was not approved by stockholders, receiving 30.91% of the votes cast.”

SYSCO CORP shareholders approved Ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal 2024 at the 2023-11-17 meeting.

“The stockholder proposal to ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal 2024 was approved by 96.42% of the votes cast.”

SYSCO CORP shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-11-17 meeting.

“The advisory stockholder vote with respect to the frequency with which Sysco will conduct future stockholder advisory votes on executive compensation of Sysco’s named executive officers received the following votes (as a percentage of the total votes cast): 1.52% for every 3 years, 0.25% for every 2 years and 98.21% for every year.”

SYSCO CORP shareholders approved Approval, by advisory vote, of the compensation paid to Sysco’s named executive officers at the 2023-11-17 meeting.

“The advisory stockholder vote on the compensation paid to Sysco’s named executive officers, as set forth in Sysco’s 2023 proxy statement for the Annual Meeting, was approved by 93.37% of the votes cast.”

SYSCO CORP shareholders approved Election of Directors at the 2023-11-17 meeting.

“Sysco’s stockholders elected each of the Company’s director nominees”

SYSCO CORP incurred senior notes of $500,000,000 aggregate principal amount of the Company's 6.000% Senior Notes due 2034 at 6.000% per annum maturing January 17, 2034.

“On November 17, 2023, Sysco Corporation (the " Company ") issued and sold $500,000,000 aggregate principal amount of the Company's 5.750% Senior Notes due 2029 (the " 2029 Notes ") and $500,000,000 aggregate principal amount of the Company's 6.000% Senior Notes due 2034”

SYSCO CORP incurred senior notes of $500,000,000 aggregate principal amount of the Company's 5.750% Senior Notes due 2029 at 5.750% per annum maturing January 17, 2029.

“On November 17, 2023, Sysco Corporation (the " Company ") issued and sold $500,000,000 aggregate principal amount of the Company's 5.750% Senior Notes due 2029”

SYSCO CORP entered into Forty-Fourth Supplemental Indenture and Forty-Fifth Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. and U.S. Bank Trust Company, N.A. valued at $500,000,000 aggregate principal amount of 5.750% Senior Notes due 2029 and $500,000,000 aggregate p (effective 2023-11-17).

“On November 17, 2023, Sysco Corporation (the “ Company ”) issued and sold $500,000,000 aggregate principal amount of the Company’s 5.750% Senior Notes due 2029 (the “ 2029 Notes ”) and $500,000,000 aggregate principal amount of the Company’s 6.000% Senior Notes due 2034 (the “ 2034 Notes ” and, together with the 2029 Notes, the “ Notes ”).”

SYSCO CORP entered into Underwriting Agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC valued at $500,000,000 aggregate principal amount of its 5.750% Senior Notes due 2029 and $500,000,000 aggrega (effective 2023-11-06).

“On November 6, 2023, with respect to the offering and sale of $500,000,000 aggregate principal amount of its 5.750% Senior Notes due 2029 (the “2029 Notes”) and $500,000,000 aggregate principal amount of its 6.000% Senior Notes due 2034 (the “2034 Notes” and, together with the 2029 Notes, the “Notes”), Sysco Corporation (“Sysco”) and certain subsidiary guarantors entered into an Underwriting Agreement (the “Underwriting Agreement”) with BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters listed in Schedule II thereto (the “Underwriters”).”

SYSCO CORP reported 13-week first fiscal quarter ended September 30, 2023 results: EPS $0.99. Guidance reaffirmed.

“Sysco Corporation (“Sysco”) issued a press release announcing its results of operations and financial condition for its first quarter of fiscal year 2024, which ended on September 30, 2023.”

Jennifer L. Johnson was appointed as Senior Vice President and Chief Accounting Officer at SYSCO CORP.

“On October 12, 2023, the Board of Directors (the “ Board ”) of Sysco Corporation (“ Sysco ” or the “ Company ”) approved the appointment of Ms. Jennifer L. Johnson as Sysco’s Senior Vice President and Chief Accounting Officer, with an expected effective date of October 23, 2023 (the “ Effective Date ”).”

Judith S. Sansone was appointed as non-executive employee in an advisory capacity at SYSCO CORP.

“On October 5, 2023, the Company entered into a letter agreement with Ms. Sansone (the “Letter Agreement”), pursuant to which Ms. Sansone will remain employed on a part time basis as a non-executive employee of the Company in an advisory capacity.”

Judith S. Sansone retired as Executive Vice President and Chief Commercial Officer at SYSCO CORP.

“Ms. Judith S. Sansone, Sysco’s Executive Vice President and Chief Commercial Officer, intended to retire from Sysco, effective October 2, 2023.”

Hans-Joachim Koerber departed as director at SYSCO CORP.

“On September 22, 2023, the Board announced that Dr. Hans-Joachim Koerber, a member of the Board, will retire from his service as a director at the time of Sysco’s 2023 Annual Meeting of Stockholders, currently scheduled for November 17, 2023.”

Judith S. Sansone departed as Executive Vice President and Chief Commercial Officer at SYSCO CORP.

“On September 7, 2023, Ms. Judith S. Sansone, Executive Vice President and Chief Commercial Officer of Sysco Corporation (“ Sysco ” or the “ Company ”), notified the Company of her intention to retire from Sysco, effective October 2, 2023.”

Thomas R. Peck Jr. changed role as Executive Vice President, Chief Information Officer and Digital Officer at SYSCO CORP.

“The Board also expanded Mr. Thomas R. Peck Jr.’s responsibilities as Executive Vice President, Chief Information Officer and Digital Officer of the Company, effective September 1, 2023.”

Greg D. Bertrand was appointed as Executive Vice President, Global Chief Operating Officer at SYSCO CORP.

“appointed Mr. Greg D. Bertrand, currently Sysco’s Executive Vice President, U.S. Foodservice Operations, as the Company’s Executive Vice President, Global Chief Operating Officer, effective September 1, 2023.”

SYSCO CORP reported financial results for fourth quarter of fiscal year 2023.

“Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week fourth fiscal quarter and its fiscal year ended July 1, 2023.”

SYSCO CORP reported financial results for 13-week fourth fiscal quarter and its fiscal year ended July 1, 2023.

“On August 1, 2023, Sysco Corporation (“Sysco”) issued a press release announcing its results of operations and financial condition for its fourth quarter and fiscal year ended on July 1, 2023.”

SYSCO CORP: Amended and restated bylaws to update corporate governance practices, including changes to adjournment procedures, stockholder list availability, proxy card color, director nomination requirements, and technical revisions (effective 2023-06-21).

“On and effective June 21, 2023, the Board of Directors (the “ Board ”) of Sysco Corporation (“ Sysco ” or the “ Company ”), upon the recommendation of the Corporate Governance and Nominating Committee of the Board, adopted amended and restated bylaws of the Company (the “ Amended and Restated Bylaws ”) in connection with the Board’s periodic review of recent developments involving corporate governance practices, the Delaware General Corporation Law (the “ DGCL ”) and the rules and regulations promulgated by the U.S. Securities and Exchange Commission (the “ SEC ”) under the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”). Among other things, the amendments effected by the Amended and Restated Bylaws include: • modifying the provisions relating to adjournment procedures for stockholder meetings to reflect amendments to the DGCL (Section 5(c)); • modifying the provisions relating to the availability of lists of stockholders entitled to vote at stockholder meetings to r”

SYSCO CORP reported third quarter of fiscal year 2023 ended April 1, 2023 results: EPS $0.84.

“Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week third fiscal quarter ended April 1, 2023.”

Neil A. Russell changed role as Senior Vice President and Chief Administrative Officer at SYSCO CORP.

“Mr. Cheung will succeed Mr. Neil A. Russell, who will be transitioning to serve as the Company’s Senior Vice President and Chief Administrative Officer as of the Effective Date.”

SYSCO CORP reported second quarter of fiscal year 2023, which ended on December 31, 2022 results: EPS $0.28.

“On January 31, 2023, Sysco Corporation (“Sysco”) issued a press release announcing its results of operations and financial condition for its second quarter of fiscal year 2023, which ended on December 31, 2022.”

Neil A. Russell was appointed as Interim Chief Financial Officer at SYSCO CORP.

“Mr. Neil A. Russell, the Company’s Senior Vice President, Corporate Affairs and Chief Communications Officer, has been appointed by the Board to serve as interim Chief Financial Officer from the Effective Date until the appointment of Mr. Alt’s successor.”

Aaron E. Alt resigned as Executive Vice President and Chief Financial Officer at SYSCO CORP.

“On December 10, 2022, Mr. Aaron E. Alt, the Executive Vice President and Chief Financial Officer of Sysco Corporation (“ Sysco ” or the “ Company ”), resigned from his position with the Company effective January 6, 2023”

SYSCO CORP shareholders approved Stockholder proposal requesting a report on the reduction of plastic packaging use at the 2022-11-18 meeting.

“Stockholder proposal requesting a report on the reduction of plastic packaging use Votes For Votes Against Votes Cast Abstentions Broker Non-Votes 339,480,488 29,169,525 368,650,013 16,727,214 53,699,499”

SYSCO CORP shareholders rejected Stockholder proposal requesting a third-party assessment of supply chain risks at the 2022-11-18 meeting.

“Stockholder proposal requesting a third-party assessment of supply chain risks Votes For Votes Against Votes Cast Abstentions Broker Non-Votes 71,793,300 311,602,318 383,395,618 4,583,049 53,699,499”

SYSCO CORP shareholders approved Ratification of the appointment of Ernst & Young LLP as Sysco’s independent registered public accounting firm for fiscal 2023 at the 2022-11-18 meeting.

“Ratification of the appointment of Ernst & Young LLP as Sysco’s independent registered public accounting firm for fiscal 2023 Votes For Votes Against Votes Cast Abstentions 430,053,874 10,723,036 440,776,910 901,256”

SYSCO CORP shareholders approved Approval, by advisory vote, of the compensation paid to Sysco’s named executive officers, as disclosed in Sysco’s 2022 proxy statement at the 2022-11-18 meeting.

“Approval, by advisory vote, of the compensation paid to Sysco’s named executive officers, as disclosed in Sysco’s 2022 proxy statement Votes For Votes Against Votes Cast Abstentions Broker Non-Votes 247,580,133 139,310,918 386,891,051 1,087,616 53,699,499”

SYSCO CORP shareholders approved Election of Directors at the 2022-11-18 meeting.

“Election of Directors Name Votes For Votes Against Votes Cast Abstentions Broker Non-Votes Daniel J. Brutto 370,839,574 15,868,392 386,707,966 1,270,701 53,699,499 Ali Dibadj 385,182,369 2,149,171 387,331,540 647,127 53,699,499 Larry C. Glasscock 336,861,038 49,897,505 386,758,543 1,220,124 53,699,499 Jill M. Golder 385,679,045 1,751,359 387,430,404 548,263 53,699,499 Bradley M. Halverson 370,703,240 16,746,714 387,449,954 528,713 53,699,499 John M. Hinshaw 380,479,463 6,977,499 387,456,962 521,705 53,699,499 Kevin P. Hourican 384,276,654 3,147,618 387,424,272 554,395 53,699,499 Hans-Joachim Koerber 376,950,454 10,487,349 387,437,803 540,864 53,699,499 Alison Kenney Paul 384,089,094 3,352,452 387,441,546 537,121 53,699,499 Edward D. Shirley 364,684,895 22,083,503 386,768,398 1,210,269 53,699,499 Sheila G. Talton 371,896,377 14,861,606 386,757,983 1,220,684 53,699,499”

SYSCO CORP reported first quarter of fiscal year 2023 which ended on October 1, 2022 results: EPS $0.91.

“Earnings per share (“EPS”) 3 increased to $0.91, as compared to $0.73 in the same period last year.”

John M. Cassaday departed as Director at SYSCO CORP.

“Mr. John M. Cassaday, a member of the Board and the Chair of the Compensation and Leadership Development Committee of the Board, will retire from his service as a director at the time of Sysco’s 2022 Annual Meeting of Stockholders, currently scheduled for November 18, 2022.”