Stock Analysis on Net

Sysco Corp. (NYSE:SYY)

Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Sysco Corp., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Jun 29, 2024 Mar 30, 2024 Dec 30, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Jan 1, 2022 Oct 2, 2021 Jul 3, 2021 Mar 27, 2021 Dec 26, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018
Sales 20,556 19,380 19,288 19,620 19,728 18,876 18,594 19,127 18,957 16,902 16,320 16,457 16,137 11,825 11,559 11,777 8,867 13,699 15,025 15,303 15,475 14,658 14,766 15,215
Cost of sales (16,719) (15,770) (15,774) (15,973) (16,043) (15,444) (15,244) (15,638) (15,513) (13,889) (13,429) (13,485) (13,221) (9,702) (9,461) (9,558) (7,301) (11,134) (12,197) (12,360) (12,496) (11,904) (11,994) (12,311)
Gross profit 3,838 3,609 3,514 3,648 3,685 3,431 3,350 3,489 3,444 3,013 2,891 2,972 2,916 2,123 2,098 2,220 1,566 2,564 2,828 2,943 2,979 2,754 2,772 2,904
Operating expenses (2,861) (2,887) (2,814) (2,844) (2,716) (2,737) (2,709) (2,755) (2,678) (2,518) (2,446) (2,340) (2,346) (1,887) (1,886) (1,800) (2,097) (2,504) (2,276) (2,275) (2,259) (2,225) (2,320) (2,276)
Operating income 976 722 700 804 969 694 641 734 767 496 445 632 570 236 212 420 (532) 60 552 668 721 530 452 628
Interest expense (165) (158) (150) (134) (136) (135) (132) (124) (129) (124) (243) (128) (441) (146) (146) (147) (164) (84) (77) (83) (90) (95) (87) (89)
Other income (expense), net (8) (10) (5) (7) 124 (5) (330) (15) 4 14 11 3 13 13 16 (14) (40) (5) 1 (3) 52 (4) (10) (1)
Earnings (loss) before income taxes 803 554 545 663 958 554 178 595 642 385 213 507 142 103 81 259 (736) (29) 477 582 682 431 355 538
Income taxes (192) (129) (130) (159) (224) (124) (37) (129) (132) (82) (45) (129) 9 (14) (14) (42) 118 25 (93) (128) (147) 9 (87) (107)
Net earnings (loss) 612 425 415 503 734 430 141 466 510 303 167 378 151 89 67 217 (618) (3) 383 454 536 440 267 431

Based on: 10-K (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-Q (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-K (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-Q (reporting date: 2021-10-02), 10-K (reporting date: 2021-07-03), 10-Q (reporting date: 2021-03-27), 10-Q (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-K (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-K (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29).

Income statement item Description The company
Sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Sysco Corp. sales increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Operating income The net result for the period of deducting operating expenses from operating revenues. Sysco Corp. operating income increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Earnings (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Sysco Corp. earnings (loss) before income taxes increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Net earnings (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Sysco Corp. net earnings (loss) increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.