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CLAIM #3385 · Abbott Laboratories (ABT) · 2026Q2 earnings call · Jul 16, 2026 · due Dec 31, 2026

Our continued focus on gross margin expansion gives us confidence in raising our full year EPS guidance.

Robert Ford · CEO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: Full-year adjusted diluted EPS guidance (company-issued)

It came true if: Raised full-year adjusted EPS guidance midpoint/range higher than the prior guidance issued before this call

Where: Company press release / earnings call guidance commentary (subsequent quarterly earnings releases)

In context

ss 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. Regarding other aspects of the P&L, the adjusted gross margin profile was 58.0% of sales, representing an increa

Verify independently

SEC filings for ABT · Claim quote is verbatim from the 2026Q2 earnings call.