SYY · 10-Q · 2026Q3 · Full report

Restructuring Charges

SYSCO CORP · 2026-11-04 · Importance 59 · Surprise 82

Fiscal 2027 Certain Items included $102 million of restructuring, transformation, and other costs, versus $56 million in fiscal 2026, a $46 million increase. The fiscal 2027 amount comprised $80 million for transformation initiatives—primarily supply-chain transformation and changes to the business technology strategy—and $22 million of restructuring and severance charges. International Foodservice Operations included $47 million of restructuring and transformation costs, primarily in Europe; Global Support Center included $27 million of transformation costs, primarily related to business technology strategy changes.

Key facts

• Global Support Center Certain Items totaled $80 million in the first quarter of fiscal 2027, compared with $29 million in the first quarter of fiscal 2026. source