Medline Q2 FY26 net income drops 58.3% to $139 million; net sales rise 11.6% to $7.7 billion
Reuters2026/08/05 11:32- Medline posted second-quarter net sales of USD 7.7 billion, up 11.6% year over year.
- Net income fell 58.3% to USD 139 million, pressured by a USD 336 million loss tied to the Tracy, California distribution-center fire.
- Adjusted EBITDA rose 13.4% to USD 1.06 billion, including USD 243 million of net IEEPA tariff refund benefits.
- First-half net sales climbed 11.1% to USD 15.04 billion, while net income dropped 42.3% to USD 378 million.
- Full-year 2026 organic sales growth guidance increased to 9%-10%, while adjusted EBITDA guidance was cut to USD 3.3-USD 3.4 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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