SYYSysco Corporation

$41B

Q2 2024 Earnings

Consumer Defensive Food Distribution

Income Statement

Revenue

$19.3B+3.7% YoY

Gross Profit

$3.5B18.2% margin

Operating Income

$700M3.6% margin

Net Income

$415M2.2% margin

EPS (Diluted)

$0.82

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$769M

Free Cash Flow

$593M

Stock-Based Comp.

$29M

Balance Sheet

Total Assets

$24.7B

Total Liabilities

$22.3B

Stockholders' Equity

$2.4B

Cash & Equivalents

$962M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19.3B	$18.6B	+3.7%
Gross Profit	$3.5B	$3.3B	+4.9%
Operating Income	$700M	$641M	+9.2%
Net Income	$415M	$141M	+193.9%

Revenue Segments

Canned And Dry Products1

$3.6B19%

Fresh And Frozen Meats1

$3.6B19%

Frozen Fruits, Vegetables, Bakery And Other1

$3.0B16%

Dairy Products1

$2.0B10%

Poultry1

$1.9B10%

Fresh Produce1

$1.6B9%

Paper And Disposables1

$1.3B7%

Other Products

$949M5%

Seafood1

$662M3%

Beverage Products1

$661M3%

Geographic Segments

U.S. Foodservice Operations

$13.5B71%

International Foodservice Operations

$3.6B19%

Sygma Segment

$1.9B10%