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Medline Inc.
Medline Inc. initiated a voluntary market exit and discontinuation of all Medline Brand bed products effective October 14, 2026. The affected product line generated approximately $60 million in net sales over the twelve months ended June 27, 2026, and the company estimates associated costs of up to $220 million. While these costs will be incurred through 2026 and 2027, the company does not expect a material impact on its full-year 2026 financial guidance.…more
Medline Inc.
Joseph P. Baratta, a member of the Board of Directors of Medline Inc., has decided to resign from the Board effective December 31, 2026. This decision follows his previously announced departure from Blackstone Inc. and is not due to any disagreements regarding the company's operations or policies.…more
Medline Inc.
Major shareholders of Medline Inc., including GIC Private Ltd, GIC Special Investments Pte Ltd, and Hux Investment Pte. Ltd., filed an SEC Form 4 on October 13, 2026, reporting changes in their beneficial ownership as of October 8, 2026. This filing provides transparency regarding shifts in the company's major shareholdings and ownership structure.…more
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Medline Announces Recall and Market Exit of All Medline Brand Beds
Medline is recalling all of its branded beds and exiting the market, with estimated costs reaching up to $220 million. The company stated that this action will not have a material impact on its fiscal year 2026 guidance.…more
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Medline has entered into a prime vendor agreement to supply medical products to 10 pediatric care locations under the South Carolina Pediatric Alliance. This partnership aims to streamline supply chain management and enhance the quality of pediatric care across the network.…more
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Medline announced that it will release its financial results for the third quarter of 2026 before the market opens on November 4. The company will also host a conference call and webcast to discuss the quarterly performance.…more
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