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Stryker — Jan 28, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000310764-25-000005
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Showing in the filing
Dilutive impacts on adjusted operating income margin
“0 to 20 basis points”
Period
No period stated
Measure
Company-defined measure
Source
Prose
All guidance in this release · 11
Organic net sales growth for FY2025
“8.0% to 9.0%”
Adjusted net earnings per diluted share for FY2025
“$13.45 to $13.70”
Net sales impact from foreign exchange for FY2025
“unfavorably impacted by approximately 1%”
Net sales for FY2024
“unfavorably impacted by approximately 1%”
Adjusted net earnings per diluted share impa… for FY2025
“negatively impacted by approximately $0.10 to $0.15”
Adjusted net earnings per diluted share
“negatively impacted by approximately $0.10 to $0.15”
Inari expected sales for FY2025
“approximately $590 million”
Inari sales in 2025 stub period for FY2025
“approximately $590 million”
Inari dilutive impact on adjusted operating … for FY2025
“0 to 20 basis points”
Dilutive impacts on adjusted operating incom…
“0 to 20 basis points”
Inari dilutive impact on adjusted net earnin… for FY2025
“$0.20 to $0.30”
Exhibit 99.1 · the passage around this item
… earlier in the release
As it relates to the pending acquisition of Inari, we anticipate closing this transaction toward the end of February. Based on that timing, Inari is expected to deliver approximately $590 million of sales in the 2025 stub period on a constant currency basis and have dilutive impacts on adjusted operating income margin (2) of 0 to 20 basis points and $0.20 to $0.30 on adjusted net earnings per diluted share (2) . As it relates to the sale of our Spinal Implants business, we expect that the impact of this transaction will be absorbed in the above guidance for organic net sales growth (2) and adjusted net earnings per diluted share (2) . (1) A reconciliation of the non-GAAP financial measures: adjusted gross profit margin, adjusted operating income and adjusted operating income margin, adjusted net earnings and adjusted net earnings per diluted share, to the most directly comparable GAAP measures: gross profit margin, operating income and operating income margin, net earnings and net earnings per diluted share, and other important information accompanies this press release. (2) We are unable to present a quantitative reconciliation of our expected net sales growth to expected organic net sales growth as we are unable to predict with reasonable certainty and without unreasonable effort the impact and timing of acquisitions and divestitures and the impact of foreign currency exchange rates. We are unable to present a quantitative reconciliation of our expected net earnings per diluted share to expected adjusted net earnings pe
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.