The 2020 Mid-Year Economic Update_long

Cardinal Health Sales Down 2% in 1Q

Pharmaceutical declines from expired contracts impacted results.

Cardinal Health (NYSE: CAH), Dublin, OH, reported sales for the fiscal 2015 first quarter ended September 30 of $24.1 billion, a decrease of 2 percent compared to the same period a year ago. Profit decreased 22 percent to $266 million.

Pharmaceutical segment sales decreased 3 percent year-over-year to $21.2 billion. The decrease in pharmaceutical sales was driven by the expiration of the Walgreens contract in the prior year first quarter. The decline was partially offset by growth from new and existing customers as well as continued strong growth in China. Medical segment sales grew 5 percent to $2.9 billion driven by acquisitions.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.