$SYY · SYSCO CORP

Sysco filed an 8-K containing audited and unaudited combined financial statements of JRD Unico, Inc. and Affiliates (Jetro Restaurant Depot) in connection with the previously announced March 30, 2026 merger agreement. The filing includes JRD's FY2025 and FY2024 audited financials, unaudited interim financials for the 13-week and 26-week periods ended June 27, 2026, and Sysco's unaudited pro forma condensed combined financial statements. The exhibits are being incorporated by reference into the merger registration statement and prospectus.

SYY shares are down ~0.78% from filing time ($84.20) to $83.54 in after-hours trading — a muted reaction consistent with a procedural filing that adds no new deal terms.

The filing gives investors their first detailed look at Jetro Restaurant Depot's financials — $15.8B in sales, $1.2B net income, and $7.7B in total liabilities — ahead of the Sysco merger close.

The Sysco-Jetro deal would combine the largest U.S. broadline foodservice distributor with a major cash-and-carry operator, creating a more vertically integrated distribution network spanning both delivery and warehouse-format channels.

JRD's combined financials show a stockholders' deficiency of $4.53B as of December 27, 2025, driven by $2.61B in treasury stock and a retained deficit of $1.91B. Total liabilities of $7.71B include $1.53B in related-party long-term debt.