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News Release For more information contact : Camilla Zuckero Media Contact Zuckero.camilla@corp.sysco.com T 281-899-1839 ● Fourth Quarter Fiscal 2019 Highlights ● Rachel Lee Investor Contact Lee.rachel@corp.sysco.com HOUSTON , August 12 , 2019 - Sysco Corporation ( NYSE : SYY ) today announced financial results for its 13 - week fourth fiscal quarter and its fiscal year ended June 29 , 2019 . T 281-436-7815 Fiscal 2019 Highlights ● ● Sales increased 1.0 % to $ 15.5 billion Gross profit increased 2.1 % to $ 3.0 billion ; gross margin increased 21 basis points Operating income increased 5.4 % to $ 720.5 million ; adjusted¹ operating income increased 6.6 % to $ 818.1 million EPS increased $ 0.18 to $ 1.03 ; adjusted ¹ EPS increased $ 0.16 to $ 1.10 ● sysco.com SYSCO REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS The Company exceeds $ 60B in revenue for FY19 Sysco At the heart of food and service Sysco Corporation 1390 Enclave Parkway Houston , TX 77077 Sales increased 2.4 % to $ 60.1 billion Gross profit increased 2.9 % to $ 11.4 billion ; gross margin increased 10 basis points Operating income increased 0.7 % to $ 2.3 billion ; adjusted ¹ operating income increased 7.9 % to $ 2.7 billion EPS increased $ 0.50 to $ 3.20 ; adjusted ¹ EPS increased $ 0.41 to $ 3.55 " Sysco saw improved year - over - year performance in the fourth quarter and fiscal year 2019 , " said Tom Bené , Sysco's chairman , president and chief executive officer . " We continue to focus on our customers and are furthering the progress of our transformative initiatives , which we believe will increase the ease of doing business with Sysco , position us well for the long - term and create value for our shareholders in fiscal year 2020 and beyond . " 1 ¹Earnings Per Share ( EPS ) are shown on a diluted basis unless otherwise specified . Adjusted financial results exclude certain items , which primarily include restructuring costs , acquisition - related costs , and transformational project costs . Specific to EPS , this year's Certain Items include a gain on sale of Iowa Premium and foreign tax credits generated as a result of distributions to the U.S. from our foreign operations in fiscal year 2018 and last year's Certain Items include tax benefits from a retirement plan contribution and certain impacts of tax law changes . Reconciliations of all non - GAAP measures are included in this release .