CLAIM #40323 · Medtronic PLC (MDT) · 2023Q3 earnings call · Feb 21, 2023 · due Apr 30, 2024
“We have said that we are focused on driving a significant cost reduction to help partially offset the impacts that we have got from the various headwinds and the investment that we need to make.”
Karen Parkhill · CFO
CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
We have said that we are focused on driving a significant cost reduction to help partially offset the impacts that we have got from the various headwinds and the investment that we need to make.
Reported
We actually drove this kind of leverage in '24, it was just masked by the impact of the true-up in incentive compensation that we did from '23 to '24.
Verify independently
SEC filings for MDT ↗ · Claim quote is verbatim from the 2023Q3 earnings call.