McKesson Corporation (MCK) Q1 2027 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to McKesson's first quarter fiscal 2027 earnings conference call. Please be advised that today's conference is being recorded. At this time, I would like to turn the call over to Paula Atkinson, SVP of Corporate Finance and Investor Relations. Please go ahead. Thank you, operator. Good afternoon and welcome everyone to McKesson's first quarter fiscal 2027 earnings call. Today I'm joined by Brian Tyler, a chair and chief executive officer along with Kenny Chung, our Chief Financial Officer. Brian will lead off, followed by Kenny, and then we will move to a question and answer session. Today's discussion will include forward-looking statements such as forecasts on McKesson's operations and future results. Please refer to the cautionary statements in today's earnings release and presentation slides available on our website at investor.mckesson.com and to the risk factors section of our most recent annual and periodic SEC filings. for additional information concerning risk factors that could cause our actual results to materially differ from those in our forward-looking statements. Information about non-GAAP financial measures that we will discuss during this web class, including a reconciliation of those measures to GAAP results, can be found in today's earnings release and presentation slides. The presentation slides also include a summary of our results for the quarter and guidance assumptions. With that, let me turn it over to Brian. Good afternoon, everyone, and thank you for joining our call. Earlier today, we reported strong fiscal first quarter results reflecting broad based momentum across the enterprise and the disciplined execution of our teams. Revenues increased 8% to $105 billion and adjusted earnings per diluted share increased 20% to $9.93. Both r...