CLAIM #3384 · Abbott Laboratories (ABT) · 2026Q2 earnings call · Jul 16, 2026 · due Dec 31, 2026
“We have momentum building across the portfolio and have a clear line of sight to the key drivers of sales growth acceleration that are forecasted in the second half.”
Robert Ford · CEO
How to check this claim
Look at: Total company organic/comparable sales growth rate, second half of fiscal year (Q3+Q4) versus first half
It came true if: Second half comparable sales growth rate higher than first half's reported growth rate (~4.8% Q2 level)
Where: Quarterly earnings releases / income statement (Q3 and Q4 reports)
In context
“novative technology In heart failure, growth of 9% was led by double-digit growth in the US, driven by our market leading portfolio of heart assist devices that address both chronic and acute patient needs. In diabetes care, continuous glucose monitoring sales exceeded $2 billion, reflecting growth of 9.5% in the quarter. In May, we secured CE Mark for Libre Duo, the world's first dual glucose ketone wearable sensor. We will begin the international rollout of Libre Duo in the fall and we look forward to bringing this innovative new technology to the United States market After we obtain FDA approval. So, in summary, we remain highly focused on disciplined execution in each quarter. Our second quarter results represent an important building block as we move into the second half of the year. We have momentum building across the portfolio and have a clear line of sight to the key drivers of sales growth acceleration that are forecasted in the second half. Our continued focus on gross margin expansion gives us confidence in raising our full year EPS guidance. And we have several new products that we anticipate launching at a steady cadence over the next 12 months. I will turn the call over to Philip. Philip Boudreau: Thanks, Robert. As Mike mentioned earlier, please note that all references to sales growth rates, unless otherwise noted, are on a comparable basis. Turning to our second quarter results, sales increased 4.8% on a comparable basis and adjusted earnings per share of $1.31 exceeded the midpoint of our guidance range and the consensus estimate, Foreign exchange had a favorable year over year impact of 0.8% on second quarter sales, which was a slight improvement to our expectations at the time of our earnings call in April. Regardi”
Verify independently
SEC filings for ABT ↗ · Claim quote is verbatim from the 2026Q2 earnings call.