Summary
McKesson Corporation (MCK) filed an 8-K on June 28, 2017, primarily to provide updates during its Investor Day event. The key takeaway for investors is the reaffirmation of the company's earnings guidance for the fiscal year ending March 31, 2018. This suggests management's confidence in the company's performance and outlook for the upcoming fiscal year. Additionally, the filing notes the posting of supplemental recast financial information related to an amended definition of Adjusted Earnings (Non-GAAP) for fiscal years 2011 through 2016. While this information is furnished and not deemed "filed" for regulatory purposes, it provides investors with updated non-GAAP metrics, which are often closely watched when evaluating a company's operational profitability and trends.
Key Highlights
- 1Reaffirmed earnings guidance for the fiscal year ending March 31, 2018.
- 2Investor Day event held on June 28, 2017, in Boston, MA.
- 3Issued a press release detailing the reaffirmed guidance (Exhibit 99.1).
- 4Posted supplemental recast financial information on its website.
- 5The recast financial information pertains to an amended definition of Adjusted Earnings (Non-GAAP).
- 6The amended Adjusted Earnings data covers fiscal years March 31, 2011, through March 31, 2016 (Exhibit 99.2).
- 7Information furnished under Regulation FD, not deemed "filed" for Section 18 of the Exchange Act.