Sysco Files 8-K on Operations & Financial Condition

Ticker: SYY · Form: 8-K · Filed: 2024-01-30T00:00:00.000Z

Sentiment: neutral

Topics: financial-condition, operations, regulatory-filing

TL;DR

**Sysco just filed an 8-K on its financial results, standard stuff.**

AI Summary

Sysco Corporation filed an 8-K on January 30, 2024, to report on its results of operations and financial condition. This filing indicates that Sysco's common stock, with a $1.00 par value, is registered on the New York Stock Exchange under the trading symbol SYY. For investors, this matters because it confirms the company's ongoing compliance with SEC reporting requirements and provides a formal update on its financial status, which can influence stock performance.

Why It Matters

This filing confirms Sysco's adherence to regulatory disclosure requirements, providing transparency on its financial health and operational status to investors. It's a routine update that helps maintain investor confidence.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial condition and operations, not indicating any specific new risks or major events.

Analyst Insight

This is a standard compliance filing; investors should look for specific financial details in the full report, if available, or await the next earnings release for actionable insights.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the purpose of Sysco Corporation's 8-K filing dated January 30, 2024?

The purpose of Sysco Corporation's 8-K filing dated January 30, 2024, is to report on the company's results of operations and financial condition, as indicated by the 'ITEM INFORMATION: Results of Operations and Financial Condition' section.

On which stock exchange is Sysco Corporation's common stock traded, and what is its trading symbol?

Sysco Corporation's common stock is traded on the New York Stock Exchange (NYSE) under the trading symbol SYY, as stated in the 'Securities registered pursuant to Section 12(b) of the Act' table.

What is the par value of Sysco Corporation's common stock?

The par value of Sysco Corporation's common stock is $1.00, as specified in the 'Title of each class' column for 'Common stock, $1.00 Par Value'.

What is the earliest event reported date in this 8-K filing?

The earliest event reported date in this 8-K filing is January 30, 2024, as stated in the 'Date of Report (Date of earliest event reported): January 30, 2024' section.

What is Sysco Corporation's business address and phone number according to the filing?

According to the filing, Sysco Corporation's business address is 1390 Enclave Parkway, Houston, TX 77077-2099, and its telephone number is (281) 584-1390.

Filing Stats: 688 words · 3 min read · ~2 pages · Grade level 11.3 · Accepted 2024-01-30 08:03:25

Key Financial Figures

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On January 30, 2024, Sysco Corporation ("Sysco") issued a press release announcing its results of operations and financial condition for its second quarter of fiscal year 2024, which ended on December 30, 2023. Sysco hereby incorporates by reference herein the information set forth in its press release dated January 30, 2024 (the "Press Release"), a copy of which is attached hereto as Exhibit 99.1. Except for the historical information contained in this report, the statements made by Sysco are forward looking statements that involve risks and uncertainties. All such statements are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Sysco's future financial performance could differ significantly from the expectations of management and from results expressed or implied in the Press Release. Forward-looking statements in the Press Release are subject to certain risks and uncertainties described in the Press Release. For further information on other risk factors, please refer to the "Risk Factors" contained in Sysco's Annual Report on Form 10-K for the fiscal year ended July 1, 2023, and subsequent reports filed with the SEC. The information in this Item 2.02 is being furnished, not filed, pursuant to Item 2.02 of Form 8-K. Accordingly, the information in Item 2.02 of this report, including the Press Release attached hereto as Exhibit 99.1, will not be incorporated by reference into any registration statement filed by Sysco under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. - 2 - SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (a) Financial Statements of Businesses Acquired. Not applicable. (b) Pro Forma Financial Information. Not applicable. (c) Shell Company Transactions. Not applicable. (d) Exhibits. Exhibit Number Description 99.1 Press Release dated January 30, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) - 3 -

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Sysco Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Sysco Corporation Date: January 30, 2024 By: /s/ Gerald W. Clanton Gerald W. Clanton Vice President, Legal, Deputy General Counsel and Assistant Corporate Secretary - 4 -

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