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CONSOLIDATED RESULTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]        
Sales $ 18,875,676 $ 16,902,139 $ 56,596,459 $ 49,678,888
Cost of sales 15,444,316 13,888,745 46,326,628 40,802,636
Gross profit 3,431,360 3,013,394 10,269,831 8,876,252
Operating expenses 2,737,183 2,517,665 8,200,679 7,303,932
Operating income 694,177 495,729 2,069,152 1,572,320
Interest expense 134,931 124,018 391,123 495,131
Other expense (income), net [1] 5,209 (13,777) 350,614 (27,705)
Earnings before income taxes 554,037 385,488 1,327,415 1,104,894
Income taxes 124,433 82,163 291,027 256,115
Net earnings $ 429,604 $ 303,325 $ 1,036,388 $ 848,779
Net earnings:        
Basic earnings per share (in dollars per share) $ 0.85 $ 0.60 $ 2.04 $ 1.66
Diluted earnings per share (in dollars per share) $ 0.84 $ 0.59 $ 2.03 $ 1.65
Average shares outstanding (in shares) 507,716,975 508,368,159 507,635,083 510,642,876
Diluted shares outstanding (in shares) 509,842,400 512,238,523 510,123,782 514,198,780
[1] Sysco’s second quarter of fiscal 2023 included a charge for $315.4 million in other expense related to pension settlement charges. See Note 9, “Company-Sponsored Employee Benefit Plans.”