The 2020 Mid-Year Economic Update_long

McKesson Sales Up 3% in 3Q

Fourth quarter sales up 8 percent year-over-year.

McKesson Corp. (NYSE: MCK), San Francisco, CA, reported sales for the third quarter ended Dec. 31 of $47.9 billion, a 3 percent increase from the same period a year ago. Profit for the quarter increased 34 percent to $634 million.

Distribution solutions sales were up 3 percent year-over-year to $47.2 billion, while technology solutions decreased 8 percent to $694 million.

For the first nine months of the fiscal year, sales were $144.2 billion, an 8 percent increase from the previous year. Profit increased 36 percent to $1.8 billion.

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