McKesson Reaffirms Fiscal 2015 Guidance
June 25 2014 - 8:00AM
Business Wire
McKesson Corporation (NYSE:MCK) today reaffirmed its earnings
guidance for the fiscal year ending March 31, 2015 and the
underlying key assumptions provided in its press release of May 12,
2014.
McKesson is hosting its Investor Day today in Boston,
Massachusetts. A webcast of the presentations is available through
McKesson’s website, www.mckesson.com, live from 9:00 AM to 12:00 PM
ET today and on replay afterwards. Shareholders are encouraged to
review McKesson’s SEC reports, which are available at
www.mckesson.com under the “Investors” tab.
Risk Factors
Except for historical information contained in this press
release, matters discussed may constitute “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934, as
amended, that involve risks and uncertainties that could cause
actual results to differ materially from those projected,
anticipated or implied. These statements may be identified by their
use of forward-looking terminology such as “believes”, “expects”,
“anticipates”, “may”, “will”, “should”, “seeks”, “approximately”,
“intends”, “plans”, “estimates” or the negative of these words or
other comparable terminology. The discussion of financial trends,
strategy, plans or intentions may also include forward-looking
statements. It is not possible to predict or identify all such
risks and uncertainties; however, the most significant of these
risks and uncertainties are described in the company’s Form 10-K,
Form 10-Q and Form 8-K reports filed with the Securities and
Exchange Commission and include, but are not limited to: changes in
the U.S. healthcare industry and regulatory environment; changes in
the Canadian healthcare industry and regulatory environment;
changes in the European regulatory environment with respect to
privacy and data protection regulations; managing foreign
expansion, including the related operating, economic, political and
regulatory risks; the company’s ability to successfully identify,
consummate, finance and integrate acquisitions; material adverse
resolution of pending legal proceedings; exposure to European
economic conditions, including recent austerity measures taken by
certain European governments; competition; substantial defaults in
payment or a material reduction in purchases by, or the loss of, a
large customer or group purchasing organization; the loss of
government contracts as a result of compliance or funding
challenges; public health issues in the U.S. or abroad;
malfunction, failure or breach of sophisticated internal
information systems to perform as designed; the adequacy of
insurance to cover property loss or liability claims; the company’s
failure to attract and retain customers for its software products
and solutions due to integration and implementation challenges, or
due to an inability to keep pace with technological advances; the
company’s proprietary products and services may not be adequately
protected, and its products and solutions may be found to infringe
on the rights of others; system errors or failure of our technology
products and solutions to conform to specifications; disaster or
other event causing interruption of customer access to data
residing in our service centers; the delay or extension of our
sales or implementation cycles for external software products;
changes in circumstances that could impair our goodwill or
intangible assets; new or revised tax legislation or challenges to
our tax positions; general economic conditions, including changes
in the financial markets that may affect the availability and cost
of credit to the company, its customers or suppliers; changes in
accounting principles generally accepted in the United States of
America; and withdrawal from participation in multiemployer pension
plans or if such plans are reported to have underfunded
liabilities. The reader should not place undue reliance on
forward-looking statements, which speak only as of the date they
are first made. Except to the extent required by law, the company
undertakes no obligation to publicly release the result of any
revisions to these forward-looking statements to reflect events or
circumstances after the date hereof, or to reflect the occurrence
of unanticipated events.
About McKesson
McKesson Corporation, currently ranked 15th on the FORTUNE 500,
is a healthcare services and information technology company
dedicated to making the business of healthcare run better. McKesson
partners with payers, hospitals, physician offices, pharmacies,
pharmaceutical companies and others across the spectrum of care to
build healthier organizations that deliver better care to patients
in every setting. McKesson helps its customers improve their
financial, operational, and clinical performance with solutions
that include pharmaceutical and medical-surgical supply management,
healthcare information technology, and business and clinical
services. For more information, visit www.mckesson.com.
McKesson CorporationErin Lampert, 415-983-8391 (Investors and
Financial Media)Erin.Lampert@McKesson.comKris Fortner, 415-983-8352
(General and Business Media)Kris.Fortner@McKesson.com
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