Robust Organic Sales Growth
Stryker delivered a robust organic sales growth of 10.1% in the first quarter, with double-digit growth in MedSurg & Neurotechnology and high-single-digit growth in orthopedics.
Strong U.S. Performance
There was a strong U.S. performance with double-digit organic growth in trauma and extremities, neurocranial, medical, endoscopy, and instruments businesses.
International Market Growth
International sales saw healthy growth, particularly in Australia, New Zealand, Japan, and Europe, positioning international markets as significant catalysts for future growth.
EPS Growth
Stryker delivered quarterly adjusted EPS of $2.84, reflecting a 13.6% growth compared to the first quarter of 2024.
Successful M&A Activity
The acquisition of Inari Medical was completed, with integration going well. The sale of the U.S. Spinal Implants business was also completed.
Positive Revenue Guidance
Full-year organic sales growth is anticipated at 8.5% to 9.5% with adjusted EPS guidance of $13.20 to $13.45.
Recognition for Workplace Culture
Stryker was recognized for the 15th consecutive year on Great Place to Work's 100 best companies to work for list.
Strong Demand for Robotic-Assisted Surgery
Mako had its best-ever Q1 for installations in the U.S. and worldwide, with high utilization rates driving growth in hips and knees businesses.