Results of Operations and Financial Condition · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
ITEM 2.02. Results of Operations and Financial Condition. On November 3, 2026, Sysco Corporation (“Sysco”) issued a press release announcing its results of operations and financial condition for its first quarter of fiscal year 2027, which ended on September 26, 2026.…
Filed Nov 3, 2026Accepted Nov 3, 2026, 8:10 AM ESTCIK 96021Accession 0000096021-26-000046
Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 333 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 670,000 customer locations. The company generated sales of more than $84 billion in fiscal year 2026 that ended June 27, 2026.
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 2.02Item 2.02 - Results of Operations
ITEM 2.02. Results of Operations and Financial Condition.
On November 3, 2026, Sysco Corporation (“Sysco”) issued a press release announcing its results of operations and financial condition for its first quarter of fiscal year 2027, which ended on September 26, 2026. Sysco hereby incorporates by reference herein the information set forth in its press release dated November 3, 2026 (the “Press Release”), a copy of which is attached hereto as Exhibit 99.1.
Except for the historical information contained in this report, the statements made by Sysco are forward looking statements that involve risks and uncertainties. All such statements are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Sysco’s future financial performance could differ significantly from the expectations of management and from results expressed or implied in the Press Release. Forward-looking statements in the Press Release are subject to certain risks and uncertainties described in the Press Release. For further information on other risk factors, please refer to the “Risk Factors” contained in Sysco’s Annual Report on Form 10-K for the fiscal year ended June 27, 2026, filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 21, 2026 (“Annual Report”), and subsequent reports filed with the SEC.
The information in this Item 2.02 is being furnished, not filed, pursuant to Item 2.02 of Form 8-K. Accordingly, the information in Item 2.02 of this report, including the Press Release attached hereto as Exhibit 99.1, will not be incorporated by reference into any registration statement filed by Sysco under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
Item 5.02Item 5.02 - Departure/Election of Directors
ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 30, 2026, the Board of Directors (the “Board”) of Sysco appointed Mr. Brandon E. Sewell, Interim Chief Financial Officer of the Company, as Executive Vice President, Chief Financial Officer, effective November 1, 2026.
Mr. Sewell has served as the Company’s Interim Chief Financial Officer since March 6, 2026, as previously disclosed in the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 5, 2026 (the “Prior Form 8-K”). The information required by Items 401(b), (d), and (e) of Regulation S-K regarding Mr. Sewell was previously reported under “Part I, Item 1. Information about our Executive Officers” in the Company’s Annual Report, and such information is incorporated herein by reference. Mr. Sewell is not a party to any transaction described in Item 404(a) of Regulation S-K involving the Company or any of its subsidiaries.
In connection with Mr. Sewell’s appointment as Executive Vice President and Chief Financial Officer, on November 1, 2026, the Compensation and Leadership Development Committee (the “Committee”) of the Board approved the following elements of Mr. Sewell’s compensation, effective November 1, 2026: (i) an annual base salary of $775,000; (ii) a target annual incentive opportunity under the Company’s annual incentive program equal to 125% of his annual base salary; (iii) a target long term incentive (“LTI”) award under the Company’s long-term incentive plan equal to 350% of his annual base salary; (iv) a one-time restricted stock unit with a target grant date value of $500,000 upon completion of Mr. Sewell’s interim role; and (v) a one-time supplemental LTI award for fiscal year 2027 consisting of performance stock units and restricted stock units with an aggregate target grant-date value of $1,000,000 (which is supplemental to, and not in lieu of, previous LTI awards granted during 2027).
Except as described in this Item 5.02, Mr. Sewell’s compensation and other employment arrangements remain unchanged as disclosed in the Prior Form 8-K and the Company’s Annual Report.
Item 7.01Item 7.01 - Regulation FD Disclosure
ITEM 7.01 Regulation FD Disclosure.
On November 3, 2026, the Company issued a press release announcing the appointment of Mr. Sewell as Executive Vice President, Chief Financial Officer as described in Item 5.02 of this Form 8-K.
A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated into this Item 7.01 by reference. The information in this Item 7.01 is being furnished, not filed, pursuant to Item 7.01 of Form 8-K.
SYSCO NAMES BRANDON SEWELL CHIEF FINANCIAL OFFICER
Company reaffirms fiscal 2027 adjusted EPS and local volume guidance
HOUSTON, November 3, 2026 - Sysco Corporation (NYSE:SYY) (“Sysco” or the “company”) today announced that Brandon Sewell, the Company’s Interim Chief Financial Officer since March 2026, has been named Executive Vice President and Chief Financial Officer, effective November 1, 2026.
“Brandon has distinguished himself as a trusted and highly effective leader throughout his twelve years with the company, and when asked to step in as Interim Chief Financial Officer, he performed at a high level,” said Kevin Hourican, Sysco’s Chair of the Board and Chief Executive Officer. “Brandon commands a deep knowledge of our business, broad financial expertise, and strong understanding of how Sysco creates shareholder value. During Brandon’s interim assignment, Sysco delivered strong financial results, launched a multi-year Artificial Intelligence (AI) and Technology business modernization, and successfully financed the Jetro Restaurant Depot acquisition. With these accomplishments, Brandon has earned the trust and confidence of our leadership team, colleagues, Sysco’s board of…