Management remarks
Call period: 2026 Q2 · 2026-07-30
Guidance: Preston Wells: For 2026, we continue to expect our full year effective tax rate to be in the range of 15% to 16%.Demand and orders: Kevin A. Lobo: But the demand for joint replacement procedures is unabated Every day, 12 thousand people are turning 65.Margins: Kevin A. Lobo: From an earnings perspective, we delivered adjusted EPS growth of 17.9% reflecting improved gross margins as well as our ongoing commitment to rigorous operational execution.Analyst Q&A
Analyst Matthew Oliver O'Brien asked: But you keep talking about this production ramp. Our facilities being able to meet this sizable ramp in the back half. Young know, I am no manufacturing expert. By any means, but are there any factors that potentially could impact your ability to make enough product? Management Kevin A. Lobo answered: We these are products that we they are not new products we are making. These are products that we know how to make. And that we have made in the past. So based on adding shifts and being able to plan for this, we feel really comfortable with the guide that we are giving to you. Obviously, we are gonna try to make even more if we can, but we are we are we are setting the guidance in a place we feel very comfortable being able to deliver. The orders are already there. So demand is not the problem.管理层陈述
电话会期间：2026 Q2 · 2026-07-30
指引：普雷斯顿·威尔斯：我们仍预计2026年全年有效税率处于15%至16%的区间内。需求与订单：凯文·A·洛博：但关节置换手术的需求并未减弱，每天有1.2万人年满65岁。利润率：凯文·A·洛博：从盈利角度看，我们实现了调整后每股收益17.9%的增长，这得益于毛利率提升以及我们对严格运营执行力的持续承诺。分析师问答
分析师马修·奥利弗·奥布莱恩提问：你们一直提及产能爬坡，我们的工厂能否满足下半年的大规模产能爬坡需求？各位好，说实话我并不是制造业专家，但请问是否有任何因素可能影响你们生产足够产品的能力？管理层凯文·A·洛博回答：我们生产的并非新产品，都是过往曾制造过的熟悉产品。通过增加班次并做好规划，我们对给出的业绩指引非常有信心。我们会尽可能增产，但设定的指引是我们确信能够达成的水平，目前订单充足，需求不成问题。This earnings-call research was prepared from company results, regulatory filings, financial statements, and earnings-call transcripts or official replays. It is for informational purposes only and does not constitute investment advice.这篇财报电话会研究基于公司公告、监管文件、财务报表，以及真实电话会文字稿或官方回放整理。内容仅供参考，不构成投资建议。
