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Sysco SYY International Foodservice Operations — Goodwill impairment

Other segment segments

Other
$92M
SYGMA
$0

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Other financials

Income statement

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Revenue$20.5B+4.7%
Gross profit$3.8B+6.5%
Operating income$619.0M-9.1%
Net income$340.0M-15.2%
EPS (diluted)$0.71-13.4%

Balance sheet

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Cash & equivalents$1.9B+24.4%
Total debt$15.4B+5.3%
Total equity$2.3B+19.5%
Total assets$28.0B+6.2%

Cash flow

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Operating cash flow$852.0M+4.0%
CapEx$161.0M-19.1%
Free cash flow$691.0M+11.5%

Valuation

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Market cap$39.6B+7.7%
Enterprise value$53.08B+4.8%
P/E22.8×+2.7×
P/S0.5×0.0×

Profitability

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Gross margin18.5%+0.2pp
Operating margin3.6%-0.3pp
Net margin2.1%-0.3pp
FCF margin2.2%-0.4pp

Returns & leverage

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Return on equity82.3%-12.6pp
Debt / equity6.7×-0.9×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by Sysco in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Sysco’s 10-K, filed August 22, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sysco's international foodservice operations — goodwill impairment?
Sysco (SYY) reported international foodservice operations — goodwill impairment of $0 in Q2 2025.
What does international foodservice operations — goodwill impairment mean?
This metric represents the non-cash charge recognized when the carrying value of goodwill associated with the international foodservice segment exceeds its implied fair value. It serves as an indicator that the expected future economic benefits from past acquisitions in this region have diminished. A recurring or significant impairment suggests that previous growth strategies or acquisition valuations may have been overly optimistic.