Company facts
- Headquarters
- Houston, Texas
- Most recent report
- 10-Q, filed Nov 4, 2026
- Incorporated
- Delaware
- Filings on record
- 1,000+ filings
- On EDGAR
- CIK 96021
- Fiscal year ends
- July
- Filer status
- Large accelerated filer
Financials 8 of 34
News 8 of 112
Prospectuses and Registrations 8 of 39
- 424B5 Prospectus supplement for an offering Sep 24, 2026
- 424B5 Prospectus supplement for an offering Sep 24, 2026
- 424B5 Prospectus supplement for an offering Sep 24, 2026
- 424B5 Prospectus supplement for an offering Sep 24, 2026
- FWP Free writing prospectus Sep 23, 2026
- FWP Free writing prospectus Sep 23, 2026
- FWP Free writing prospectus Sep 23, 2026
- FWP Free writing prospectus Sep 23, 2026
Proxies 8 of 27
- DEFA14A Extra proxy material Oct 1, 2026
- DEF 14A Proxy statement for a shareholder vote Oct 1, 2026
- PX14A6G Shareholder's own proxy material Oct 15, 2025
- PX14A6G Shareholder's own proxy material Oct 3, 2025
- DEFA14A Extra proxy material Oct 2, 2025
- DEF 14A Proxy statement for a shareholder vote Oct 2, 2025
- DEFA14A Extra proxy material Oct 3, 2024
- DEF 14A Proxy statement for a shareholder vote Oct 3, 2024
Ownership 8 of 760
- 4 Insider reported a trade Nov 5, 2026
- 4 Insider reported a trade Nov 3, 2026
- 3 Insider reported their initial holding Nov 3, 2026
- 4 Insider reported a trade Nov 3, 2026
- 4 Insider reported a trade Oct 2, 2026
- 4 Insider reported a trade Oct 2, 2026
- 4 Insider reported a trade Oct 2, 2026
- 4 Insider reported a trade Oct 2, 2026
Other 8 of 28
What to read: Sep 2026 10-Q
SECSift found 2 of 13 sections worth reading, with 0 positive, 13 notable, and 2 negative flags.
Financial Statements (Item 1)
Financial statements and notes for a major acquisition financing; debt, equity, and derivative details are company-specific.Notable- Sysco sold $1.6B of receivables in Q1 FY2027, up from $1.4B a year ago, reducing reported receivables.
- Sysco faces a $1.164B termination fee if the JRD deal fails due to regulatory issues or missed deadline.
- Total debt rose to $13.8B at Sep. 26, 2026 from $13.5B at Jun. 27, 2026, due to new CAD notes and commercial paper.
- Sysco issued 12.3M shares for $967M net in Q1 FY2027 to help fund the JRD acquisition.
- Sysco has a $70M unrecognized tax benefit and a pending Tax Court case over $131M in foreign tax credits.
- Sysco purchased $241M in transferable clean energy tax credits for fiscal 2027; $182M bought in October 2026.
- After quarter end, Sysco issued $10.75B in senior notes and $5.0B in junior subordinated notes to finance JRD.
Management's Discussion (Item 2)
MD&A with segment results, JRD acquisition financing, and adjusted earnings details.Notable- Adjusted operating income grew 3.2% to $927M in Q1 FY2027, showing underlying profit improvement.
- U.S. Foodservice case volume grew 2.6% in Q1 FY2027, with 0.2% deflation; gross margin up 14 bps to 19.24%.
- Global Support Center expenses surged 25.7% to $298M in Q1 FY2027, driven by acquisition and tech costs.
- Free cash flow improved to positive $230M in Q1 FY2027 from negative $50M a year ago, helped by lower capex.
- No share repurchases in Q1 FY2027; $1.3B remaining authorization as of September 26, 2026.
- Co-issued C$1.5B (~$1.1B) CAD senior notes in September 2026, guaranteed by U.S. Broadline subsidiaries.
What changed: Sep 2026 vs. Mar 2026
About 19% of SYY's Sep 2026 10-Q is new information. 66 paragraphs were added, 150 changed, and 140 removed. Below are the most important lines SECSift identified.
Changed
- Adjusted diluted EPS rose to $1.19 from $0.94, a 3.5% increase vs. prior 2.1% decrease.
- Sales rose to $21.7 billion from $20.5 billion, a 2.8% increase vs. prior 4.7%.
- Average price paid per share fell to $83.90 from $89.66, reflecting only option-exercise tenders.
- Net earnings rose to $526 million from $340 million, a 10.5% increase vs. prior 15.2% decrease.
- Operating income fell to $717 million from $619 million, a 10.4% drop vs. prior 9.1% drop.
- Dropped mention of interest rate risk from Proposed Transaction and $6.3 billion rate locks for JRD purchase.
- Cash and cash equivalents rose to $3,171 million from $1,786 million at June 27, 2026.
- First Amendment to Credit Agreement dated Sep 4, 2026, added as new exhibit.
- Merger agreement amended on Sep 11, 2026, replacing original dated Mar 30, 2026.
- New compensation plans added: AIP for FY2027, PSU retention awards, and FY2027 grant agreements.
- New debt indentures added: Base Indenture and supplements dated Sep 25 and Oct 6, 2026.
- No shares bought under announced plans in current period, versus 2,230,415 shares in prior period.
- Total shares purchased fell to 4,970 from 2,236,116, all via option exercises, not open-market buybacks.
- Updated cross-reference from fiscal 2025 Form 10-K to fiscal 2026 Form 10-K.
Everything here comes from Sysco Corp's own filings on SEC EDGAR. The filing list is rechecked every hour. SECSift analysis was completed on Nov 4, 2026, from the 10-Q for Sep 2026.