Financial PerformanceBAX expects operating margin to fall 90-100bps year-over-year, indicating challenges in maintaining profitability amidst external disruptions.
Operational ImpactBaxter's North Cove manufacturing facility in North Carolina was impacted by Hurricane Helene, causing unprecedented flooding and production closure as the company assesses the extent of the impact.
Supply Chain DisruptionMedia reports indicate hospitals are delaying elective procedures due to a shortage in IV solutions, which could affect Baxter's ability to meet demand.