McKesson Reaches Agreement in Principle to Extend CVS Health Partnership
McKesson (MCK) shares rose 4.4% after reaching an agreement in principle to extend its pharmaceutical distribution partnership with CVS Health through June 2032.
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McKesson (MCK) shares rose 4.4% after reaching an agreement in principle to extend its pharmaceutical distribution partnership with CVS Health through June 2032.
McKesson Corp. (MCK) has signed an agreement in principle to extend its partnership with CVS Health Corp. (CVS) to supply medicines through 2032. The company also reaffirmed its FY27 Adjusted EPS guidance.
McKesson signed an agreement in principle to extend its pharmaceutical distribution partnership with CVS Health through June 2032 and reaffirmed FY2027 adjusted EPS guidance of $44.20—$45.00 and a long-term adjusted EPS growth rate of 13%—16%.Material DetailsContext by AI AnalystThis is a late conf…
McKesson Corporation has signed an agreement in principle to extend its pharmaceutical distribution partnership with CVS Health through June 2032. The agreement covers distribution to mail order and specialty pharmacies, retail pharmacies, and distribution centers.