What benefits does AmerisourceBergen offer? United States Holidays 2022. Federal officials . These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances and speak only as of the date hereof. . The telephone replay will also be available approximately two hours after the completion of the call and will remain available for seven days. Net Income 2022 AmerisourceBergen Corp. 1.84 1.36 USD 2021 AmerisourceBergen Corp. 1.76 . AmerisourceBergen Corporation is an American drug wholesale company that was formed by the merger of Bergen Brunswig and AmeriSource in 2001. The quarterly dividend of $0.485 per common share will be payable November 28, 2022, to stockholders of record at the close of business on November 14, 2022. (in thousands, except per share data) For the six months ended March 31, 2022 adjusted free cash flow of $951.0 million consisted of net cash provided by operating activities of $1,130.0 million minus capital expenditures of $209.3 million, plus legal settlement payments of $32.2 million, less favorable legal settlements of $1.8 million. Memorial Day. ET on November 3, 2022. Good Neighbor Pharmacy, AmerisourceBergens nationwide network of independent community pharmacies, has exceeded 5 million COVID-19 vaccine doses allocated to independent pharmacies across the U.S. 1:30pm 5:00pm Continuing education sessions, Saturday, July 23 Federal holidays that fall on Saturday are celebrated on the preceding Friday and federal holidays that fall on Sunday will be celebrated on the following Monday. December 22, 2022, The Center for Biosimilars, Brian Biehn Martin Luther King Day. Staff Unions*. Certain additional factors that management believes could cause actual outcomes and results to differ materially from those described in forward-looking statements are set forth (i) in Item 1A (Risk Factors), in the Companys Annual Report on Form 10-K for the fiscal year ended September 30, 2021 and elsewhere in that report and (ii) in other reports filed by the Company pursuant to the Securities Exchange Act. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Participating in the conference call will be: The dial-in number for the live call will be (844) 200-6205. 8:00am 5:00pm Continuing education sessions Growth rates are on an as reported basis unless constant currency basis is indicated. Find information about retirement plans, insurance benefits, paid time off, reviews, and more. https://www.businesswire.com/news/home/20220503006098/en/, Bennett S. Murphy "As a global healthcare solutions leader, AmerisourceBergen is advancing pharmaceutical innovation and access to create a positive impact on the health of people and communities around the world," said Steven H. Collis, Chairman, President & Chief Executive Officer of AmerisourceBergen. To supplement the financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses the non-GAAP financial measures described below. The Washington settlement agreement brings the number of States with whom the Company has recently settled opioid-related claims to 47 of 49 eligible states. 04 Mon. NON-GAAP FINANCIAL MEASURES. Native American tribes reach a tentative opioid settlement with J&J and distributors On the basis of U.S. generally accepted accounting principles (GAAP), diluted earnings per share (EPS) was $1.40 for the September quarter of fiscal 2022, compared to $2.08 in the prior year quarter. AmerisourceBergen is updating its outlook for fiscal year 2022. CLOSED1 DAY DELAY ALL WEEK. A slide presentation for investors has also been posted on the Company's website at investor.amerisourcebergen.com. Includes a $17.1 million legal accrual related to opioid litigation settlements, $56.9 million of legal fees in connection with opioid lawsuits and investigations, and $74.5 million of other costs in connection with acquisition-related deal and integration costs, business transformation efforts, and other restructuring initiatives in the six months ended March 31, 2021. Note: For more information related to non-GAAP financial measures, refer to the section titled "Supplemental Information Regarding Non-GAAP Financial Measures" of this release. At AmerisourceBergen Corporation, we promise to treat your data with respect and will not share your information with any third party. President Joe Biden signed the Juneteenth National Independence Day Act into law on June 17, 2021. 1 Includes tax expense relating to Swiss tax reform and a loss on the currency remeasurement of the related deferred tax assets, the latter of which is recorded within Other Loss (Income), Net. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its position in shares of AmerisourceBergen Co. (NYSE:ABC - Get Rating) by 15.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).The fund owned 98,099 shares of the company's stock after buying an additional 12,891 shares during the period. Juneteenth 2022 - Calendar Date Juneteenth 2022 Juneteenth for the year 2022 is celebrated/ observed on Sunday, June 19. AmerisourceBergen Marketplace connects sellers to independent retail pharmacies This new wholesale marketplace enables pharmacies to purchase everything from food to health and wellness items to electronic accessories, giving sellers a powerful way to get their products into local communities. Published: Mar. See popular questions & answers about AmerisourceBergen. 2 The goodwill impairments related to the Company's non-wholly-owned subsidiary in Brazil. We are committed to enabling a high-performance culture and supporting our team members' ability to live with purpose every day. AmerisourceBergen signed the United Nations Womens Empowerment Principles, publicly and firmly committing to taking the necessary steps to advance gender equality and empower women in places of work and in communities around the world. 2021, September 30, Includes a $64.7 million gain on the remeasurement of an equity investment, a $14.0 million impairment of a non-customer note receivable, and a $3.4 million loss on the currency remeasurement of deferred tax assets relating to Swiss tax reform in the fiscal year ended September 30, 2021. USD 169.00 1.01 0.59%. 41 overall on the 2022 list and sixth in the Health Care & Life Sciences Category. June. FINANCIAL SUMMARY Schedule of events Wednesday, July 20 8:00am - 5:00pm Continuing education sessions We are committed to enabling a high-performance culture and supporting our team members ability to live with purpose every day. Steven H. Collis, Chairman, President & Chief Executive Officer, James F. Cleary, Executive Vice President & Chief Financial Officer. Holiday Schedule Holiday Schedule New Year's Day Observed Friday, December 31, 2021 Martin Luther King, Jr Day Monday, January 17, 2022 Good Friday Friday, April 15, 2022 Memorial Day Monday, May 30, 2022 Day After Juneteenth Day Monday, June 20, 2022 Independence Day Observed Monday, July 4, 2022 Labor Day Monday, September 5, 2022 We are proud to share that we have been named one of Americas Most Responsible Companies by Newsweek for the second time! As a leading global healthcare company, with a foundation in pharmaceutical distribution and solutions for manufacturers, pharmacies and providers, we create unparalleled access, efficiency and reliability for human and animal health. Fiscal Year 2022 Expectations on an Adjusted (non-GAAP) Basis. March 31, 2022, Three At Stock Options Channel, our YieldBoost. Memorial Day May 29, is in 149 days. NO INTERRUPTION. AmerisourceBergen is ranked #10 on the Fortune 500 with more than $200 billion in annual revenue. Adjusted operating income increased by 21% and adjusted EPS grew by 18%. In addition, the Company has provided non-GAAP fiscal year 2023 guidance for diluted earnings per share, operating income, effective income tax rate and free cash flow that excludes the same or similar items as those that are excluded from the historical non-GAAP financial measures, as well as significant items that are outside the control of the Company or inherently unusual, non-operating, unpredictable, non-recurring or non-cash in nature. This new wholesale marketplace enables pharmacies to purchase everything from food to health and wellness items to electronic accessories, giving sellers a powerful way to get their products into local communities. The guidance for each metric excludes the same or similar items as those that are excluded from the historical non-GAAP financial measures, as well as significant items that are outside the control of the Company or inherently unusual, non-operating, unpredictable, non-recurring or non-cash in nature. Adjusted diluted EPS, which is a non-GAAP measure that excludes items described below, increased 27.3 percent to $3.22 in the fiscal second quarter. 1 Includes $60.7 million and $46.6 million of LIFO credits in the six months ended March 31, 2022 and 2021, respectively. Thanksgiving Day. Fourth Quarter Adjusted (non-GAAP) Results. Turning now to discuss our results for the first quarter of fiscal 2022 and continued progress on strategic imperatives, AmerisourceBergen began the fiscal year with solid financial performance. 2020, Restricted cash (included in Prepaid Expenses and Other), Restricted cash (included in Other Assets), Cash, cash equivalents, and restricted cash, SUPPLEMENTAL INFORMATION REGARDING Fourth Glassdoor is your resource for information about the Paid Holidays benefits at AmerisourceBergen. Healthier futures start with the health of our people and planet, which is why we are committed to building partnerships and operations that benefit society and the environment. Prior to this, he served as the Company's Executive Vice President and Group President. Months Ended Through pursuing our purpose, we improve health and wellbeing, promote global sustainability, and inspire our team members. Revenue of $238.6 Billion for Fiscal Year 2022, an 11.5 Percent Year-Over-Year Increase A slide presentation for investors has also been posted on the Company's website at investor.amerisourcebergen.com. Months Ended AmerisourceBergen management will be attending the following investor conference in the coming months: Please check the website for updates regarding the timing of the live presentation webcasts, if any, and for replay information. 4-night package $2,704.00 Therefore, the Company believes that the presentation of non-GAAP financial measures provides useful supplementary information to, and facilitates additional analysis by, investors. Answered October 4, 2018 - Accounts Receivable Representative (Former Employee) - Orlando, FL National holiday's Report Related questions: What benefits does AmerisourceBergen offer? 3 Includes a $56.2 million gain on the sale of non-core businesses, a $14.4 million loss on the currency remeasurement of deferred tax assets relating to Swiss tax reform, Turkey foreign exchange remeasurement expense of $11.9 million, and a $4.8 million gain on the remeasurement of an equity investment in the fiscal year ended September 30, 2022. AmerisourceBergen Corporation - Financials - Proxy Materials Financials Quarterly Results Annual Reports Proxy Materials SEC Filings Proxy Materials Our 2022 Annual Meeting of Shareholders which will be held on March 10, 2022. The Company does not provide forward-looking guidance on a GAAP basis, as discussed below in Fiscal Year 2022 Expectations. Below, AmerisourceBergen presents descriptive summaries of the Companys GAAP and adjusted (non-GAAP) quarterly and fiscal year results. International Healthcare Solutions consists of Alliance Healthcare, World Courier, Innomar, Profarma, and Profarma Specialty (until it was divested in June 2022). Segment operating income of $578.4 million in the fourth quarter of fiscal 2022 was up 14.0 percent compared to the same period in the previous fiscal year due to an increase in gross profit, primarily due to sales to specialty physician practices and fees earned from the distribution of government-owned COVID-19 treatments. This page contains a calendar of all 2022 public holidays for Zrich. December 19, 2022, Fierce Pharma, Alex Kilgore and Micaela Brandau Senior Vice President, Investor Relations In February 2022, AmerisourceBergen reached a national settlement with state and local governments, agreeing to pay $6.1 billion to resolve a tsunami of opioid-related lawsuits. We prioritize the health and well-being of people both inside and outside AmerisourceBergen. Labor Day. The Company does not provide forward-looking guidance on a GAAP basis as certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated. Thursday, December 29, 2022. Adjusted operating income increased 19.5 percent to $3.2 billion due to the increase in gross profit associated with the June 2021 acquisition of Alliance Healthcare, increased sales to specialty physician practices, and fees earned from the distribution of government-owned COVID-19 treatments. The Construction Industries segment is expected to benefit . ASD Healthcare is a specialty healthcare distribution company that serves 95 percent of hospitals and 80 percent of retail pharmacies in the United States, as well as hemophilia centers, home healthcare companies, specialty pharmacies, physicians, dialysis centers, family planning clinics and other providers. Bennett S. Murphy Among the factors that could cause actual results to differ materially from those projected, anticipated, or implied are the following: the effect of and uncertainties related to the ongoing COVID-19 pandemic (including any government responses thereto) and any continued recovery from the impact of the COVID-19 pandemic; our ability to achieve and maintain profitability in the future; our ability to respond to general economic conditions; our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; the impact on our business of the regulatory environment and complexities with compliance; unfavorable trends in brand and generic pharmaceutical pricing, including in rate or frequency of price inflation or deflation; competition and industry consolidation of both customers and suppliers resulting in increasing pressure to reduce prices for our products and services; changes in the United States healthcare and regulatory environment, including changes that could impact prescription drug reimbursement under Medicare and Medicaid and declining reimbursement rates for pharmaceuticals; increasing governmental regulations regarding the pharmaceutical supply channel; continued federal and state government enforcement initiatives to detect and prevent suspicious orders of controlled substances and the diversion of controlled substances; continued prosecution or suit by federal and state governmental entities and other parties (including third-party payors, hospitals, hospital groups and individuals) of alleged violations of laws and regulations regarding controlled substances, and any related disputes, including shareholder derivative lawsuits; increased federal scrutiny and litigation, including qui tam litigation, for alleged violations of laws and regulations governing the marketing, sale, purchase and/or dispensing of pharmaceutical products or services, and associated reserves and costs; failure to comply with the Corporate Integrity Agreement; the outcome of any legal or governmental proceedings that may be instituted against us, including material adverse resolution of pending legal proceedings; the retention of key customer or supplier relationships under less favorable economics or the adverse resolution of any contract or other dispute with customers or suppliers; changes to customer or supplier payment terms, including as a result of the COVID-19 impact on such payment terms; the integration of the Alliance Healthcare businesses into the Company being more difficult, time consuming or costly than expected; the Companys or Alliance Healthcares failure to achieve expected or targeted future financial and operating performance and results; the effects of disruption from the acquisition and related strategic transactions on the respective businesses of the Company and Alliance Healthcare and the fact that the acquisition and related strategic transactions may make it more difficult to establish or maintain relationships with employees, suppliers and other business partners; the acquisition of businesses, including the acquisition of the Alliance Healthcare businesses and related strategic transactions, that do not perform as expected, or that are difficult to integrate or control, or the inability to capture all of the anticipated synergies related thereto or to capture the anticipated synergies within the expected time period; risks associated with the strategic, long-term relationship between Walgreens Boots Alliance, Inc. and the Company, including with respect to the pharmaceutical distribution agreement and/or the global generic purchasing services arrangement; managing foreign expansion, including non-compliance with the U.S. Foreign Corrupt Practices Act, anti-bribery laws, economic sanctions and import laws and regulations; our ability to respond to financial market volatility and disruption; changes in tax laws or legislative initiatives that could adversely affect the Company's tax positions and/or the Company's tax liabilities or adverse resolution of challenges to the Company's tax positions; the loss, bankruptcy or insolvency of a major supplier, or substantial defaults in payment, material reduction in purchases by or the loss, bankruptcy or insolvency of a major customer, including as a result of COVID-19; financial and other impacts of COVID-19 on our operations or business continuity; changes to the customer or supplier mix; malfunction, failure or breach of sophisticated information systems to operate as designed, and risks generally associated with cybersecurity; risks generally associated with data privacy regulation and the international transfer of personal data; financial and other impacts of macroeconomic and geopolitical trends and events, including the unfolding situation in Russia and Ukraine and its regional and global ramifications; natural disasters or other unexpected events, such as additional pandemics, that affect the Companys operations; the impairment of goodwill or other intangible assets (including any additional impairments with respect to foreign operations), resulting in a charge to earnings; the Company's ability to manage and complete divestitures; the disruption of the Company's cash flow and ability to return value to its stockholders in accordance with its past practices; interest rate and foreign currency exchange rate fluctuations; declining economic conditions in the United States and abroad; and other economic, business, competitive, legal, tax, regulatory and/or operational factors affecting the Company's business generally. 2 Includes an $8.1 million loss on the currency remeasurement of deferred tax assets relating to Swiss tax reform, Turkey foreign exchange remeasurement expense of $6.1 million, a $4.8 million gain on the remeasurement of an equity investment, and a $3.7 million reduction to the previously recognized gain on the sale of businesses in the three months September 30, 2022. Health Economics, Market Access & Regulatory Consulting, Patient Access, Affordability & Adherence Services, Global Storage, Transport & Outsourced Logistics. Scroll down to view the national list or choose your state's calendar. Similarly, the timing and amount of litigation settlements is unpredictable and non-recurring. 42,000+ While the contribution from COVID treatment distribution was higher than expected in the second quarter of fiscal 2022, the Companys full year expectations from COVID treatment distribution are largely unchanged. With a bias towards action and resourcefulness, we make an impact across healthcare. This allocation effort is a part of the Federal Retail Pharmacy Program for COVID-19 Vaccination, a collaboration between the Federal Government, U.S. states and territories, and 21 national pharmacy partners, which includes Good Neighbor Pharmacy. AmerisourceBergen ranked No. 21 Mon. Turning now to discuss our results for the first quarter of fiscal 2022 and continued progress on strategic imperatives, AmerisourceBergen began the fiscal year with solid financial performance. CLOSED1 DAY DELAY ALL WEEK. Biweekly paid employees working any holiday will be paid at time and one-half. AmerisourceBergen Announces Date and Time for Fourth Quarter Fiscal 2022 Earnings Release. 12/03/2001. Months Ended Print Calendar << 2021 2023 >> This page contains a national calendar of all 2022 federal and state holidays for the United States. Read the latest press releases and media mentions. These dates may be modified as official changes are announced, so please check back regularly for updates. MEMORIAL DAY - MONDAY MAY 30, 2022 -. The original version of the holiday was in commemoration of George Washington's birthday. Please check the website investor.amerisourcebergen.com for updates regarding the timing of the live webcasts and for replay information. AmerisourceBergen is updating its outlook for fiscal year 2022. From outside the U.S. and Canada, dial +44 (204) 525-0658. State agency employees are entitled to a paid day off from work on a national, state, and skeleton crew holiday that the State observes as outlined in Texas Government Code, Chapter 662. Choose your province or territory Most viewed holidays today: AmerisourceBergen announced the launch of a supply chain elective course at Xavier University of Louisianas College of Pharmacy, a top-ranked historically Black university. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS AB Health Ventures invests and partners with emerging healthcare startup companies working to transform healthcare for people and animals globally. Juneteenth is observed on June 19 each year commemorating the emancipation of the enslaved African Americans back in 1865. At AmerisourceBergen, we are united in our responsibility to create healthier futures for people and animals around the world. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. These supplemental measures may vary from, and may not be comparable to, similarly titled measures by other companies. 6:30pm Closing night party. Duration Between Two Dates - Calculates number of days. 2 The following represents a reconciliation of cash and cash equivalents in the Condensed Consolidated Balance Sheets to cash, cash equivalents, and restricted cash used in the Condensed Consolidated Statements of Cash Flows: September 30, 05 Mon. Fiscal Year Ended (in thousands) Adjusted operating expenses increased 33.5 percent to $5.2 billion primarily due to the June 2021 acquisition of Alliance Healthcare. The period over period declines were due to the negative impact of foreign currency translation resulting from our Alliance Healthcare business. This scholarship program will support aspiring Black and African American pharmacists and invest in their ability to provide culturally competent care. Your state & # x27 ; s calendar James F. Cleary, Executive Vice and. Gaap and adjusted EPS grew by 18 % impact of foreign currency translation resulting from our healthcare. Group President Life Sciences Category Income 2022 AmerisourceBergen Corp. 1.84 1.36 USD 2021 AmerisourceBergen Corp. 1.36... Opt-In for investor email alerts, please enter your email address in the field below and select at least alert..., reviews, and more at least one alert option & amp ; Life Sciences Category opioid-related claims to of! Served as the Company has recently settled opioid-related claims to 47 of 49 eligible States 2022 amerisourcebergen holiday schedule 2022 for. And invest in their ability to live with purpose every Day with purpose Day... And adjusted EPS grew by 18 % healthier futures for people and around. 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