Business Context and Reporting Period
Company: McKesson Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: June 28, 2017
Event: Regulation FD Disclosure regarding an Investor Day held in Boston, Massachusetts.
Key Financial Metrics
This filing does not contain specific revenue, profit, cash flow, margin, debt, or liquidity figures. The document serves as a notice of disclosure rather than a financial statement. It references supplemental recast financial information for fiscal years 2011 through 2016 regarding Adjusted Earnings (Non-GAAP), but the specific values are not included in this text.
Material Changes
No material changes to financial results are reported within this specific filing text. The filing announces the reaffirmation of previously issued guidance and the posting of historical recast data.
Guidance, Outlook, and Management Commentary
- Guidance Reaffirmation: Management reaffirmed earnings guidance for the fiscal year ending March 31, 2018.
- Non-GAAP Adjustments: The Company posted supplemental recast financial information for fiscal years ended March 31, 2011 through March 31, 2016, reflecting an amended definition of Adjusted Earnings.
- Legal Status of Information: The information contained in this Form 8-K and its exhibits is furnished to the SEC but is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Verify the specific numerical targets for the fiscal year 2018 guidance in the attached press release (Exhibit 99.1).
- Review the amended definition of Adjusted Earnings (Non-GAAP) and the recast historical data posted on the Company's website (Exhibit 99.2).
- Confirm the impact of the amended Non-GAAP definition on prior year comparability.