The company said net sales for Q1 rose 9.7% to $5.2 billion, and rose 10.2% in constant currency. Organic net sales grew 10.0%, which the company attributed to 9.3% from higher unit volume and 0.7% from higher prices.

1. 01

   The company said net sales for Q1 rose 9.7% to $5.2 billion, and rose 10.2% in constant currency. Organic net sales grew 10.0%, which the company attributed to 9.3% from higher unit volume and 0.7% from higher prices.

2. 02

   Stryker said net earnings for Q1 rose 33.1% to $788 million, and diluted earnings per share were $2.05. Adjusted net earnings increased 17.3% to $962 million, and adjusted diluted earnings per share were $2.50.

3. 03

   The company reported a gross profit margin of 63.6% and an operating income margin of 18.5% for Q1. It said its adjusted operating income margin, which excludes certain items, was 21.9%, up 80 basis points.

4. 04

   The company said it now expects full-year organic net sales growth of 8.5% to 9.5% and adjusted diluted earnings per share of $11.85 to $12.05. It said that if foreign exchange rates hold near current levels, the negative impact on adjusted earnings per diluted share will be at the higher end of its previous guidance range of $0.05 to $0.10.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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