Form 8-K · Current report
Charles River Laboratories 8-K, filed Sep 24, 2026
- Filed
- CIK
- 0001100682
- Accession no.
- 0001100682-26-000142
Summary
Charles River Laboratories (NYSE: CRL) reaffirmed its full-year 2026 revenue and non-GAAP earnings per share guidance at the upper ends of their prior ranges and issued long-term financial targets through 2030 at its 2026 Investor Day, where CEO Birgit Girshick presented a "Pathway to Purpose" strategy to modernize the company, invest in bioanalysis and in vitro testing, and expand its Apollo client platform. The strategy includes a Create the Future program expected to generate more than $300 million in cumulative savings from 2027 through 2030, and management said the 2030 targets assume 5%–7% organic revenue growth and roughly 24% non-GAAP operating margin.
Key points
- Charles River's 2030 targets are 5%–7% organic revenue CAGR for 2027–2030, a non-GAAP operating margin of about 24%, and low-double-digit non-GAAP EPS CAGR.
- The company expects bioanalysis revenue to grow organically at a high-single-digit CAGR to approximately $450 million by 2030.
- The Create the Future program is aimed at more than $300 million in cumulative savings from 2027 through 2030 through process simplification, automation and digital enablement.
- The Apollo cloud platform now serves more than 18,000 client users and was recently expanded to support Manufacturing Solutions clients.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
ITEM 7.01. Regulation FD Disclosure On September 24, 2026, in connection with its Investor Day, Charles River Laboratories International, Inc. (the “Company”) issued a press release that, among other things, discusses its business strategy, reaffirms its full-year 2026 guidance, and provides its long-term financial targets through 2030. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated by reference herein. The Company will host its Investor Day beginning at 9:00 a.m. Eastern time today, which will be live webcast and archived on the Company’s Investor Relations website. To access the webcast and corresponding slide presentation, visit http://ir.criver.com. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.