Updated
Updated · MarketWatch · May 6
Medline raises full-year organic sales growth outlook
Updated
Updated · MarketWatch · May 6

Medline raises full-year organic sales growth outlook

11 articles · Updated · MarketWatch · May 6
  • First-quarter revenue rose 11% to $7.35 billion, beating forecasts, while adjusted EPS of 33 cents topped estimates; net profit fell to $129 million from $322 million.
  • The Northfield, Illinois, medical-surgical supplier lifted its organic sales growth range to 8.5%-9.5% from 8%-9% after gains from new and existing customers, while keeping adjusted earnings guidance unchanged.
  • Higher tariffs, operating costs tied to customer expansion and an employee bonus linked to Medline's December 2025 IPO weighed on profit despite stronger sales.
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