Thierry mentioned there was an extra week of selling this quarter resulting in additional $570 million. If we didn’t account for this extra week, we would be showing negative growth? Misleading to investors or par for the course?
10 replies (most recent on top)
@1qy another d-mb and retarted medtronic employee who doesn’t even know that a 10Q has nothing to do with investor holdings. You all need to be fired
@mv Elliot exited (mostly) some months ago. Just take a look at the last 10Q….
Medtronic is just another example that everything woke turns to sh-t!
Rebecca sidel is fudging numbers in ep to get promoted. Can confirm and some employees have been terminated who had evidence. She’s going to be in big trouble at doj if this comes out. Have fun deadtronic
What I want to know is when are we going to get a piece of that tariff refunds?
You can hear the fear in Martha’s and Thierry voice in the town hall that they are getting pressure from investors to improve profitability. Recorded revenue means nothing we have rising operational costs. Elliot Management getting frustrated that they are not getting a return on their investment. More cost cutting and comprising product quality for more profits.
@OP Reading must not be your strong suit
they and the street adjust for the 13 week quarters.
The news release explains the math on this ... so, not misleading or unclear
"Results were impacted by the extra fiscal week, which occurred in Medtronic's first quarter of FY27. The company estimates the impact of the extra week benefited Q1 organic growth by approximately $570 million."
If Thierry mentioned it then how was it “misleading”