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AI English summary of an SEC filing — figures as filed

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The company said sales for Q3 (ended March 30, 2024) rose 2.7% to $19.4 billion, gross profit rose 5.2% to $3.6 billion, and operating income rose 3.8% to $722.0 million on a 13-week basis.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said sales for Q3 (ended March 30, 2024) rose 2.7% to $19.4 billion, gross profit rose 5.2% to $3.6 billion, and operating income rose 3.8% to $722.0 million on a 13-week basis.

  2. Sysco said adjusted operating income for Q3 rose 8.4% to $799.3 million and adjusted EPS rose 6.7% to $0.96. It said GAAP diluted EPS was $0.85 from $0.84 in the same period last year.

  3. The company said it returned $1.5 billion to shareholders in the first 39 weeks of fiscal 2024, including $699.9 million in share repurchases and $758.1 million in dividends. It said operating cash flow was $1.4 billion and free cash flow was $863.7 million.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Q3 (13-week) Sales, Gross Profit and Operating Income

The company said sales for Q3 (ended March 30, 2024) rose 2.7% to $19.4 billion, gross profit rose 5.2% to $3.6 billion, and operating income rose 3.8% to $722.0 million on a 13-week basis.

Source · Based on the filing body and exhibits

Q3 Adjusted Operating Income and Adjusted EPS

Sysco said adjusted operating income for Q3 rose 8.4% to $799.3 million and adjusted EPS rose 6.7% to $0.96. It said GAAP diluted EPS was $0.85 from $0.84 in the same period last year.

Source · Based on the filing body and exhibits

39-Week Shareholder Returns and Cash Flow

The company said it returned $1.5 billion to shareholders in the first 39 weeks of fiscal 2024, including $699.9 million in share repurchases and $758.1 million in dividends. It said operating cash flow was $1.4 billion and free cash flow was $863.7 million.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.