The 2020 Mid-Year Economic Update_long

McKesson Fiscal 2015 Sales Up 30%

Fourth quarter sales were up 19 percent year-over-year.

McKesson Corp. (NYSE: MCK), San Francisco, CA, reported fiscal 2015 sales of $179 billion, an increase of 30 percent year-over-year. Profit increased 17 percent to $1.5 billion.

Sales for the fiscal fourth quarter ended March 31 were $44.9 billion, an increase of 19 percent year-over-year. Profit decreased 64 percent to $132 million.

Distribution solutions sales were up 19 percent year-over-year in the fourth quarter, while technology solutions decreased 10 percent.

“Our fourth-quarter results wrapped up another year of outstanding earnings growth, led by strong execution in our Distribution Solutions segment,” said CEO John H. Hammergren.

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