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  "docSlug": "795c39381935b724",
  "documentTitle": "2024 barclays 17th annual global consumer staples conference",
  "authorId": "Barclays",
  "authorName": "Sysco",
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  "density": "balanced",
  "nDataPoints": 2,
  "notes": "The slide uses a bar chart to compare ROIC and a list of four key drivers.",
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      "text": "ROIC comparison between Median S&P 500 Consumer Staples (11.9%) and SYY (16.8%)",
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      "kind": "disclaimer",
      "text": "For peers, ROIC calculation reflects Adj Net Income divided by Average Invested Capital for trailing 5 quarters (Jun-24 ending), adjusted for excess cash. For Sysco, ROIC calculation reflects Adj Net Income divided by Average Invested Capital for trailing 5 quarters (Jun-24 ending), adjusted for excess cash (above $500mm) and M&A. See Non-GAAP reconciliations at the end of the presentation.",
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      "kind": "list",
      "text": "Industry Leading Margins; Industry Leading Balance Sheet; Industry Leading Cash Conversion; Industry Leading Scale with Capital Deployment",
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      "text": "ROIC: 16.8%",
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      "kind": "title",
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      "evidence": "'ROIC in Action' frames the comparison",
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      "evidence": "Gray peers vs blue Sysco = competitive coding",
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