Cardinal Health, Inc. (CAH)

The company now

Cardinal Health, the Ohio drug wholesaler, said on October 1, 2026 that it had signed a binding letter of intent to extend its distribution agreement with CVS Health through June 30, 2032 3.

CVS Health was its largest customer in fiscal 2026 and made up 28 percent of revenue 2. Neither company disclosed financial terms, and Pharmaceutical Commerce noted the extension keeps each of its distributors tied to its largest customer for roughly six more years 4.

In the same release the company reaffirmed its fiscal 2027 outlook for non-GAAP earnings per share of $12.40 to $12.60, which it put at 13% to 15% growth 3. Non-GAAP means the company leaves out items it treats as outside its ongoing business 2.

That follows a year in which revenue rose 14 percent to $254.2 billion, mostly from branded and specialty drug sales to existing and new customers 2.

The company said it may give further updates on its first quarter earnings call on November 5, 2026 3.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.