Indicate by checkmark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.Yes☐No☑ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T duringthe preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☑No☐ Accelerated Filer☐Smaller Reporting Company☐Emerging Growth Company☐ Large Accelerated Filer☑Non-accelerated Filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the Exchange Act☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financialreporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☑ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect thecorrection of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of theregistrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☑ The aggregate market value of the voting stock of the registrant held by stockholders who were not affiliates (as defined by regulations of the Securities and ExchangeCommission) of the registrant was approximately $37,355,747,561as of December 27, 2024 (based on the closing sales price on the New York Stock Exchange CompositeTape). As of August5, 2025, the registrant had issued and outstanding an aggregate of478,212,357shares of its common stock. DOCUMENTS INCORPORATED BY REFERENCE: Portions of the registrant’s 2025 Proxy Statement to be filed with the Securities and Exchange Commission no later than 120 days after the end of the fiscal year covered bythis Form 10-K are incorporated by reference into Part III where indicated. TABLE OF CONTENTS PART IPage No.Item 1.Business1Item 1A.Risk Factors9Item 1B.Unresolved Staff Comments21Item 1C.Cybersecurity21Item 2.Properties23Item 3.Legal Proceedings23Item 4.Mine Safety Disclosures24PART IIItem 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities25Item 6.[Reserved]26Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations26Item 7A.Quantitative and Qualitative Disclosures about Market Risk53Item 8.Financial Statements and Supplementary Data56Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure116Item 9A.Controls and Procedures116Item 9B.Other Information116Item 9C.Disclosure Reporting Regarding Foreign Jurisdictions that Prevent Inspections116PART IIIItem 10.Directors, Executive Officers and Corporate Governance117Item 11.Executive Compensation117Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters117Item 13.Certain Relationships and Related Transactions, and Director Independence117Item 14.Principal Accountant Fees and Services117PART IVItem 15.Exhibit and Financial Statement Schedules117Item 16.Form 10-K Summary122Signatures PART I Unless this Form 10-K indicates otherwise or the context otherwise requires, the terms “we,” “our,” “us,” “Sysco,” or the“company” as used in this Form 10-K refer to Sysco Corporation together with its consolidated subsidiaries and divisions. Overview Sysco Corporation, acting through its subsidiaries and divisions, is the largest global distributor of food and related productsprimarily to the foodservice or food-away-from-home industry.Our purpose is “Connecting the World to Share Food and Care for OneAnother.” We provided products and related services to approximately 730,000 customer locations, including restaurants, healthcare andeducational facilities, lodging establishments and other foodservice customers during fiscal 2025. Founded in 1969, Sysco commenced operations as a public company in March 1970 when the stockholders of nine companiesexchanged their stock for Sysco commo