Allen Lutz
BofA Securities, Research Division

I run the health care tech and distribution sector here at Bank of America. We are very excited to have the Henry Schein management team here with us. We have CEO, Fred Lowery, and CFO, Ron South. Thank you both for joining us. Really appreciate the time.

Frederick Lowery
CEO & Director

Thanks for having us.

Ronald South
Senior VP & CFO

Thank you, Allen.

Allen Lutz
BofA Securities, Research Division

Before we kick off, Fred, I would love to get a sense. Do you have any prepared comments or would you love to make any comments about your first quarter as a public company CEO.

Frederick Lowery
CEO & Director

Excellent. Thank you very much. No, it's 2 months in, and things just finished a month 2, and things are off to a good start. We had a good Q1. Really healthy growth in our dental market. Overall, growth was strong in our technology business. Growth was strong in our distribution business. We did see some softness in medical. But when you back out for flu, the underlying performance was actually -- was pretty good, mid-single digits in medical as well. So good start to the year. Margins were good in the quarter. So a nice expansion in margins.

We recommitted to our value creation delivery of $125 million run rate net by the end of the year and $200 million over the next several years -- next couple of years on a net basis. And we reconfirmed our guidance for 2026. So off to a