CRL · 10-Q · 2026Q2 · Full report
FX / Currency Impact
CHARLES RIVER LABORATORIES INTERNATIONAL, INC. · 2026-08-05 · Importance 35 · Surprise 22 · In source text
The company estimates that a 10% strengthening of the U.S. dollar would have reduced six-month revenue by $91.6 million and operating income by $21.6 million, holding other variables constant. Foreign-currency translation exposure is concentrated in the Euro, Canadian Dollar, British Pound, Mauritian Rupee, Chinese Yuan, and Hungarian Forint. Reported six-month revenue included positive foreign-exchange impacts of 2.4% for RMS, 1.3% for DSA, and 2.4% for Manufacturing. The company uses financial instruments under its hedge policy and does not enter into speculative derivative agreements.
Key facts
- For the six months ended June 27, 2026, revenue would have decreased by $91.6 million and operating income would have decreased by $21.6 million if the U.S. dollar exchange rate had strengthened by 10%, with all other variables held constant. source
- Company's principal functional currencies for foreign subsidiaries are the Euro, Canadian Dollar, and British Pound. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | contingent | -1.4% | For the six months ended June 27, 2026, revenue would have decreased by $91.6 million and operating income would have decreased by $21.6… |
| operating_income | negative | contingent | -0.3% | For the six months ended June 27, 2026, revenue would have decreased by $91.6 million and operating income would have decreased by $21.6… |