SYY · 8-K · 20260909PR002526

Other Expense (Expense), Net

SYSCO CORP · 2026-09-09 · Importance 53 · Surprise 82

Fiscal 2026 GAAP other expense increased to $102 million from $38 million, a $64 million rise. Excluding $54 million of losses on deal-contingent rate-lock transactions, adjusted other expense was $48 million, up $10 million or 26.3%. The rate-lock transaction losses were related to the planned Jetro Restaurant Depot acquisition.

Key facts

• FY2026 other expense adjusted for deal-contingent rate-lock transactions was $48 million, up $10 million (26.3%) from $38 million in FY2025. source
• Sysco's fiscal 2026 deal-contingent rate-lock transactions contributed a $54 million adjustment to other expense. source
• Sysco's FY26 GAAP other expense, net, was $102 million and adjusted other expense, net, was $48 million after excluding $54 million of deal-contingent rate-lock losses. source
• Sysco's GAAP other expense was $102 million in fiscal 2026 versus $38 million in fiscal 2025, a $64 million increase. source
• Sysco's other expense adjusted for certain items was $48 million in fiscal 2026 and $38 million in fiscal 2025. source
• FY2026 GAAP other expense was $102 million, compared with $38 million in FY2025, a $64 million increase. source