Cardinal Health Expands At-Home Solutions With New Texas Facility

Core Insights - Cardinal Health has opened a new distribution center in Fort Worth, TX, dedicated to its at-Home Solutions business, enhancing its role in home-based healthcare delivery [1][9] - The investment reflects the company's commitment to supply chain excellence, focusing on faster delivery, improved safety, and higher service levels to meet rising demand in the home healthcare market [2][10] Company Performance - Following the announcement of the new distribution center, Cardinal Health's shares closed flat at $149.6, with a year-to-date gain of 26.5%, significantly outperforming the industry growth of 2.4% and the S&P 500's increase of 10.8% [3] - The new facility is expected to improve efficiency and reduce delivery times, which may positively impact the stock price in the long run [4] Financial Metrics - Cardinal Health currently has a market capitalization of $35.71 billion and an earnings yield of 6.3%, which is higher than the industry's yield of 6.2% [5] - In the last reported quarter, the company achieved an earnings surprise of 2.5% [5] Distribution Network Expansion - The Fort Worth distribution center spans 340,000 square feet and is designed to ship 10,000 packages daily, serving over 6 million patients with critical medical supplies [8][9] - This facility is the third new at-Home Solutions center established in three years, equipped with automation technology to enhance operational efficiency [10] - Cardinal Health is also planning to open a new distribution center in Sacramento, CA, expected to be operational by Summer 2027, further expanding its reach and improving delivery speed on the West Coast [12]