Dentsply Sirona Keeps 2026 Outlook After Soft Q1 as Turnaround Begins

Overview

• The company reported first‑quarter revenue of $880 million and adjusted EPS of $0.27, with sales and margins hurt by lower volume, product mix, and tariffs.
• Guidance for 2026 remains unchanged as executives signal that the impact of commercial fixes and cost actions should build later in the year.
• A restructuring program targeting $120 million in annual savings is on track, and management said $20 million was delivered in the quarter.
• The board eliminated the dividend to free cash for debt reduction and to keep room for possible share buybacks.
• A switch to a distributor drop‑ship model is expected to reduce revenue by about $30 million across the second through fourth quarters during the transition.