Sysco said fiscal 2025 sales increased 3.2% compared to fiscal 2024, operating income decreased 3.6%, and cited a noncash goodwill impairment charge in its Guest Worldwide business as the primary reason for the operating income decrease.

1. 01

   Sysco said fiscal 2025 sales increased 3.2% compared to fiscal 2024, operating income decreased 3.6%, and cited a noncash goodwill impairment charge in its Guest Worldwide business as the primary reason for the operating income decrease.

2. 02

   The company said diluted earnings per share in fiscal 2025 were $3.73, a 4.1% decrease of $0.16 per share from the prior year, and adjusted diluted earnings per share excluding Certain Items were $4.46, an increase from the prior year amount of $4.31 per share.

3. 03

   Sysco said operating income in its Other segment decreased $113 million, and in fiscal 2025 a noncash goodwill impairment charge of $92 million was recorded in operating expenses for a portion of the goodwill attributable to its Guest Worldwide reporting unit, which it identified as a Certain Item.

4. 04

   The company said cash flows from operations in fiscal 2025 were $2.5 billion compared to $3.0 billion in the prior year, free cash flow was $1.8 billion compared to $2.2 billion in the prior year, and free cash flow decreased $418 million from the prior year.

Key figures

Fiscal year ended June 28, 2025

Revenue

$81.4B

Operating income

$3.1B

Net income

$1.8B

EPS

$3.73

Gross profit

$15.0B

Operating cash flow

$2.5B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

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