Henry Schein Inc - HSIC STOCK NEWS

Henry Schein (Nasdaq: HSIC), the world's largest provider of health care solutions to office-based dental and medical practitioners, has announced its participation in two major investor conferences this December. The company will present at Piper Sandler's Healthcare Conference in New York on December 4, 2024, at 11:00 a.m. Eastern time, and at the Evercore ISI HealthCONx Conference in Coral Gables, Florida, on December 5, 2024, at 9:10 a.m. Eastern time. Both presentations will be available via live webcast on the company's website, with replays accessible afterward.

Henry Schein (NASDAQ: HSIC) has signed an agreement to acquire Acentus, a national medical supplier specializing in Continuous Glucose Monitors (CGMs) with annual revenue of $35 million. This acquisition follows Henry Schein's previous acquisitions of Prism Medical Products, Shield Healthcare, and Mini Pharmacy, expanding their homecare medical products platform to an annual revenue base of approximately $350 million. The transaction is expected to be neutral to 2024 non-GAAP earnings per share, accretive thereafter, and close in Q1 2025. Acentus's founders will join Henry Schein post-acquisition.

Henry Schein (HSIC) reported Q3 2024 financial results with total net sales of $3.2 billion, up 0.4% from Q3 2023. The company achieved GAAP EPS of $0.78 and non-GAAP EPS of $1.22. Operating cash flow was $151 million for Q3, with year-to-date cash flow of $644 million. The company increased its 2024 full-year non-GAAP EPS guidance to $4.74-$4.82 from $4.70-$4.82. During Q3, Henry Schein repurchased approximately 2.0 million shares at an average price of $69.09 per share, totaling $135 million.

Henry Schein (Nasdaq: HSIC), the world's largest provider of health care solutions to office-based dental and medical practitioners, has announced its participation in two major investor conferences this November. The company will present at Stifel's Healthcare Conference in New York on November 18, 2024, at 9:45 a.m. EST, and at the Jefferies London Healthcare Conference on November 19, 2024, at 1:30 p.m. GMT/8:30 a.m. EST. Both presentations will be available via live webcast on the company's website, with replays accessible afterward.

Henry Schein, Inc. (Nasdaq: HSIC) has opened its Customer Assistance Hotline for dental and medical professionals who may be affected by Hurricane Milton. The toll-free number 800-999-9729 is available 24/7, with real-time assistance from 8 a.m. to 8 p.m. Eastern Time. The company offers support for operational, logistical, or financial issues resulting from hurricane damage.

Stanley M. Bergman, Chairman and CEO of Henry Schein, emphasized the company's commitment to helping customers prepare for and recover from natural disasters. Henry Schein provides resources such as an Emergency Preparedness Guide and an Emergency Recovery Guide for office-based healthcare practitioners to minimize impact and facilitate swift recovery.

Henry Schein, Inc. (Nasdaq: HSIC) has opened the Henry Schein Cares Foundation 2024 Relief Fund to support the Southeast U.S. in the wake of Hurricane Helene. The company is committing up to $500,000 in cash and essential health care supplies to aid relief efforts. This includes:

• $25,000 each from the Company and Henry Schein Cares Foundation
• Up to $50,000 in matching TSM contributions
• Up to $350,000 in donated health care supplies

The relief fund aims to provide critical supplies and resources to affected communities. Dental and medical professionals impacted by the hurricane can call 800-999-9729 for assistance. Donations to the relief fund can be made at www.henryschein.com/foundationdonate.

Henry Schein, Inc. (Nasdaq: HSIC) has announced the launch of its 2024 Practice Pink® program, a global initiative that has raised over $2 million in the past 18 years to support cancer awareness and research. The program, part of Henry Schein Cares, offers pink products including healthcare consumables, practice supplies, and apparel to dental and medical professionals across North America and Europe.

Through partnerships with NGOs and supplier partners, the Practice Pink program supports cancer research and prevention efforts. It benefits organizations such as the American Cancer Society in the US and various European organizations like ALADINA, KiKa, LILT, and Odyssea. The initiative demonstrates Henry Schein's commitment to corporate citizenship and leverages public-private partnerships to advance cancer research and provide support to those affected by cancer.

Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of health care solutions to office-based dental and medical practitioners, has announced its plans to release third quarter 2024 financial results. The company will unveil these results before the stock market opens on Tuesday, November 5, 2024.

Following the release, Henry Schein will host a live webcast of its earnings conference call at 10:00 a.m. Eastern time on the same day. The call will feature key speakers including Stanley M. Bergman, Chairman of the Board and Chief Executive Officer, and Ronald N. South, Senior Vice President and Chief Financial Officer.

Investors can access the webcast at https://investor.henryschein.com/webcasts. A replay of the presentation will be made available on the Henry Schein website after the event.

Henry Schein, Inc. (Nasdaq: HSIC) has announced the completion of its fourth 'We Care Global Challenge,' where over 2,300 Team Schein Members (TSMs) assembled nearly 23,000 hygiene kits for families with children facing serious medical illnesses. The kits, containing personal hygiene and comfort items, will be distributed to Ronald McDonald House Charities globally in partnership with Heart to Heart International.

TSMs from the U.S., Australia, Canada, China, Ireland, and the UK participated in the initiative, which aligns with the company's mission of 'helping health happen' for people and communities in need. Since the program's inception in 2018, Henry Schein has built nearly 93,000 kits, benefiting various organizations worldwide. The We Care Global Challenge is part of Henry Schein Cares, the company's global corporate citizenship program.