Medtronic PLC
MDT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|r& | LOCK|s?z> | LOCK|?JDnK@ |
Medtronic Earnings: Fiscal Second Quarter Saw Solid Growth but New Launches Mute Margins
Medtronic delivered fiscal second-quarter results that featured solid 5% organic top-line growth year over year. However, several new product launches weighed on gross margin to the tune of 50 basis points.
