SYY · 8-K · 20260804PR000026

Acquisition / Partnership / Divestiture

SYSCO CORP · 2026-08-04 · Importance 67 · Surprise 92 · In source text

Fiscal 2026 acquisition-related costs were $232 million, including $147 million of intangible amortization and $85 million of acquisition and due-diligence costs, versus $160 million in fiscal 2025. The release identifies the planned acquisition of Jetro Restaurant Depot as the transaction associated with $30 million of bridge-loan amortization and a $54 million loss on deal-contingent rate-lock transactions. Cash paid for acquisitions of businesses, net of cash acquired, was $189 million in fiscal 2026 versus $40 million in fiscal 2025. The company also reported that its Mexico joint venture had been divested in the second quarter of fiscal 2025, reducing the prior-year International comparison by $207 million of sales.

Key facts

• TOTAL SYSCO Impact of acquisition-related costs on operating expenses: $232 million in the current period versus $160 million in the prior period, change $72 million, (45.0)% source
• Sysco announced the planned acquisition of Jetro Restaurant Depot and related bridge loan amortization and deal contingent rate lock transaction losses were included in fiscal year 2026 adjustments. source
• 13-week period ended Jun. 27, 2026 Impact of deal contingent rate lock transactions: $54 million in the period versus $0 in prior, change $54 million, NM source
• The 13-week period ended Jun. 27, 2026 includes a loss on deal contingent rate lock transactions related to the planned acquisition of Jetro Restaurant Depot source
• 13-week period ended Jun. 27, 2026 Impact of acquisition-related costs on EBITDA: $38 million versus $3 million prior, change $35 million, NM source
• GLOBAL SUPPORT CENTER Impact of acquisition-related costs: $(6) million in current period versus $(72) million in prior period, change $(15) million, NM source

Impact estimates