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Kendall

Director and Senior Analyst at Royal Bank of Canada

Kendall is a Director and Senior Analyst at Royal Bank of Canada (RBC), specializing in North American retail and consumer companies. Kendall covers major companies such as Walmart, Costco, Target, and Kroger, with a track record that shows a success rate of approximately 65% on TipRanks and top quartile performance among peer analysts for stock recommendations. Having joined RBC in 2014 after previous roles at JPMorgan and Deloitte, Kendall has advanced rapidly, leveraging deep sector insights to deliver actionable research and generate solid returns for institutional clients. Kendall holds FINRA Series 7 and Series 63 licenses and is recognized for industry thought leadership and awards in equity research.

Kendall's questions to STRYKER (SYK) leadership

Question · Q3 2025

Kendall inquired about the upcoming Investor Day, specifically if long-term financial targets (organic growth, operating margin, EPS growth, free cash flow conversion) would be updated, and asked for an update on the current tariff environment and its potential impact on 2026.

Answer

Jason Beach (VP of Finance and Investor Relations, Stryker) confirmed that long-term financial goals, including views on margins, would be updated at Investor Day. He reiterated the current forecast of approximately $200 million tariff impact for 2025, noting it's a fluid environment, but did not provide a 2026 outlook.

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Question · Q3 2025

Kendall inquired about updates to the long-term financial targets (organic growth, operating margin, EPS growth, free cash flow conversion) at the upcoming Investor Day, and any current updates on the tariff environment and its potential impact on 2026.

Answer

Jason Beach, Vice President of Finance and Investor Relations, confirmed that updated long-term financial goals, including margins, will be provided at the Investor Day. He reiterated the current forecast of approximately $200 million tariff impact for the full year, noting the fluid nature of the environment.

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