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Henry Schein Inc - HSIC STOCK NEWS

Welcome to our dedicated page for Henry Schein news (Ticker: HSIC), a resource for investors and traders seeking the latest updates and insights on Henry Schein stock.

Henry Schein Inc. (symbol: HSIC) is the world's largest provider of healthcare products and services to office-based dental, animal health, and medical practitioners. As a Fortune 500® company and a member of the S&P 500® and NASDAQ 100® indexes, Henry Schein employs more than 18,000 team members and serves over one million customers globally. The company's offerings extend to dental laboratories, government and institutional healthcare clinics, and other alternate care sites.

Henry Schein operates through a centralized and automated distribution network, offering a comprehensive selection of more than 100,000 branded products and private-label products, as well as over 150,000 additional products available as special-order items.

The company is organized into two main segments: Healthcare Distribution and Technology & Value-Added Services. The Healthcare Distribution segment focuses on distributing consumable products, small equipment, and laboratory products. The Technology & Value-Added Services segment provides innovative software solutions and other technology services designed to help healthcare practitioners run their practices more efficiently and deliver high-quality care.

In recent years, Henry Schein has achieved significant milestones, including expanding its product range and forming strategic partnerships to enhance its service offerings. The company continues to innovate with exclusive technology solutions aimed at improving practice management and patient care.

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Henry Schein, Inc. (NASDAQ: HSIC) showcased its products at the 2022 Greater New York Dental Meeting, emphasizing solutions for enhancing practice efficiency and patient experience.

The company launched the AI-enabled X-ray analysis tool, Dentrix Detect AI, powered by VideaHealth, aimed at streamlining clinical decision-making for dentists.

Visitors can explore various technological solutions including laser systems, digital scanners, and software for practice management, marketing, and analytics, reflecting Henry Schein's commitment to innovation in dental care.

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Henry Schein (Nasdaq: HSIC) has partnered with the American Association of Dental Office Management (AADOM) to present the Green Leader Award to Jennifer Z. Vickery, VP of Operations at Ocean Dental, recognizing her efforts in promoting sustainability across 15 clinics. Presented at the AADOM Conference in Scottsdale, Arizona, the award highlights her initiatives, including transitioning to paperless practices and implementing eco-friendly policies. AADOM aims to empower dental practices to reduce their environmental impact, a mission supported by Henry Schein.

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Henry Schein, listed on Nasdaq as HSIC, announced its participation in three upcoming investor conferences. These include the Piper Sandler’s 34th Annual Healthcare Conference on November 30, 2022, at 9:00 a.m. ET, the Evercore ISI HealthCONx Virtual Conference on December 1, 2022, at 11:20 a.m. ET, and the Nasdaq 47th Investor Conference in London on December 6, 2022, at 10:30 a.m. GMT / 5:30 a.m. ET. Presentations will be available via live webcast and replays on the company’s website.

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Henry Schein reported third-quarter 2022 net sales of $3.1 billion, a 3.5% decline from Q3 2021. Internal sales growth, excluding PPE and COVID-19 products, rose 6.8% in local currencies. GAAP diluted EPS for the quarter was $1.09, down from $1.15 year-over-year, while non-GAAP diluted EPS increased to $1.15 from $1.10. The full-year 2022 non-GAAP diluted EPS guidance is narrowed to $4.79 to $4.87, reflecting a potential growth of 6% to 8% compared to 2021. The company expects full-year sales growth of 1.5% to 2.5%.

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Henry Schein, trading under NASDAQ: HSIC, announces its participation in two investor conferences in November 2022. The first is Credit Suisse's 31st Annual Healthcare Conference on November 9 at the Terranea Resort, California, followed by Stifel's 2022 Healthcare Conference on November 15 at the Lotte New York Palace, New York City. Both presentations will be available via live webcast on the company's website and replays will be accessible afterward. Henry Schein is a leader in healthcare solutions, serving over 1 million customers globally.

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Henry Schein (NASDAQ: HSIC) announced that Steven W. Kess, Vice President of Global Professional Relations, received a Presidential Citation from the American Dental Association (ADA) during SmileCon 2022 in Houston, Texas, on October 13. This recognition honors significant contributions to public oral health, particularly through the Give Kids A Smile program, which has served over seven million children since 2003. Kess emphasized ongoing efforts to enhance access to oral care for underserved communities.

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Smile Brands has selected Dentrix Ascend as its exclusive cloud-based practice management system for its 700 dental locations. The decision followed a year-long market analysis and pilot program, confirming Dentrix Ascend's superior clinical features and integration capabilities. This software will enhance operational efficiency by allowing remote access to data and reducing management burdens. CEO Steve Bilt emphasized that this partnership aligns with their vision of improving patient experiences. Henry Schein One, the software provider, supports this initiative aiming for enhanced quality of care.

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Henry Schein, Inc. announces a donation of up to $500,000 for Hurricane relief efforts, including cash and healthcare products. The Henry Schein Cares Foundation is establishing a Disaster Relief Fund with $50,000, matching employee contributions up to $50,000. The company will donate $350,000 worth of health care supplies to affected areas in Florida, Puerto Rico, and Eastern Canada. Customer assistance is available via a 24/7 hotline for operational issues caused by the hurricanes.

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Henry Schein (Nasdaq: HSIC) has been recognized in FORTUNE® magazine's "Change the World" list for its initiatives to advance health equity for individuals with disabilities. This marks the third acknowledgment for the company, highlighting its commitment to addressing care gaps for 61 million people in the U.S. living with disabilities. Key efforts include public-private partnerships, educating healthcare professionals, and designing accessible dental products. The company emphasizes that strong financial performance aligns with its mission for societal impact.

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Henry Schein, Inc. (Nasdaq: HSIC), the largest provider of health care solutions for dental and medical practitioners, will release its Q3 2022 financial results on November 1, 2022. The earnings conference call starts at 10:00 a.m. Eastern time on the same day, featuring CEO Stanley M. Bergman and CFO Ronald N. South. Investors can access the live webcast on the company’s website. Henry Schein reported $12.4 billion in sales for 2021 and operates in 32 countries with a strong distribution network.

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FAQ

What is the current stock price of Henry Schein (HSIC)?

The current stock price of Henry Schein (HSIC) is $74.97 as of January 24, 2025.

What is the market cap of Henry Schein (HSIC)?

The market cap of Henry Schein (HSIC) is approximately 9.3B.

What does Henry Schein Inc. do?

Henry Schein Inc. provides healthcare products and services to office-based dental, animal health, and medical practitioners, as well as other care sites.

How many team members does Henry Schein employ?

Henry Schein employs more than 18,000 team members.

What segments does Henry Schein operate in?

Henry Schein operates in two main segments: Healthcare Distribution and Technology & Value-Added Services.

How many products does Henry Schein offer?

Henry Schein offers a selection of more than 100,000 branded and private-label products, and over 150,000 additional products as special-order items.

Who are Henry Schein's primary customers?

Henry Schein's primary customers are office-based dental, animal health, and medical practitioners, dental laboratories, and institutional health care clinics.

What kind of technology solutions does Henry Schein provide?

Henry Schein provides innovative software and technology solutions to help healthcare practitioners manage their practices efficiently.

Is Henry Schein a Fortune 500 company?

Yes, Henry Schein is a Fortune 500® company.

What stock market indexes is Henry Schein a part of?

Henry Schein is a member of the S&P 500® and NASDAQ 100® indexes.

How many customers does Henry Schein serve?

Henry Schein serves over one million customers worldwide.

Does Henry Schein have any recent achievements?

Henry Schein has expanded its product range and formed strategic partnerships to enhance its service offerings in recent years.
Henry Schein Inc

Nasdaq:HSIC

HSIC Rankings

HSIC Stock Data

9.32B
123.38M
0.9%
107.46%
5.49%
Medical Distribution
Wholesale-medical, Dental & Hospital Equipment & Supplies
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United States of America
MELVILLE