McKesson’s Sales Up 5% - Modern Distribution Management

McKesson’s Sales Up 5%

Distributor reports solid sales growth in the U.S., double-digit increase in medical-surgical solutions business.

McKesson Corp. (NYSE:MCK), San Francisco, CA, reported fiscal third-quarter revenues of $56.2 billion, up 5 percent compared to the year-ago period.

Sales in the company’s U.S. pharmaceutical and specialty solutions segment were $44.3 billion for the quarter, up 6 percent, driven primarily by market growth and acquisitions, the company said. European pharmaceutical solutions revenues were $6.9 billion for the quarter, down 1 percent compared to the year-ago period, driven primarily by market growth and partially offset by a reduction in the company’s owned retail pharmacies and a challenging operating environment in the U.K., the company said.

McKesson’s medical-surgical solutions segment revenues were $2 billion for the quarter, up 19 percent, driven primarily by an acquisition and market growth, according to the company.


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