Charles River Laboratories International Inc (NYSE:CRL)

$ 214.2 25.52 (13.53%) Market Cap: 10.95 Bil Enterprise Value: 13.50 Bil PE Ratio: 25.59 PB Ratio: 2.97 GF Score: 87/100

Charles River Laboratories International Inc at Wells Fargo Virtual Healthcare Conference Transcript

Sep 09, 2021 / 02:00PM GMT

Release Date Price: $443 (-0.56%)

Transcript

Daniel Louis Leonard

Wells Fargo Securities, LLC, Research Division - Senior Analyst

Great. Well, welcome, everybody, to the Charles River Labs fireside chat. With us today, we have David Smith, CFO. If you have questions, please e-mail them to me at [email protected] or use the question tab in your conference portal.

Questions & Answers

Daniel Louis Leonard

Wells Fargo Securities, LLC, Research Division - Senior Analyst

So with that, let's kick things off. Well, welcome, David. And the first question is the typical question. Can you offer us an update on the business environment? How things are trending compared to the conditions you contemplated in your upsized revenue guidance for 2021?

David Ross Smith

Charles River Laboratories International, Inc. - Corporate Executive VP & CFO

Yes, sure. So the latest guidance we gave was 13% to 15% organic sales growth, which is actually up from the 9% to 11% that we started the year with. And even when you back out COVID, we're nicely into double

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