SYY · 8-K · 20261103PR000046
Restructuring and Headcount
SYSCO CORP · 2026-11-03 · Importance 53 · Surprise 82
Q1 FY2027 included $22 million of restructuring and severance charges, compared with $10 million in Q1 FY2026. Companywide restructuring, transformation and other costs totaled $102 million, versus $56 million a year earlier, including $80 million for transformation initiatives. International segment restructuring and transformation costs were primarily in Europe; the release does not specify headcount reductions.
Key facts
- Sysco's fiscal 2027 first-quarter transformation and restructuring adjustments included $80 million of transformation initiative costs and $22 million of restructuring and severance charges. source