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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.
The S.M.I.L.E. Healthcare Pathway Program, led by Henry Schein (NASDAQ: HSIC), the National Dental Association, and the Schattner Foundation, announced new partnerships to enhance its mission. Organizations joining include the Hispanic Dental Association, the Society of American Indian Dentists, Meharry Medical College School of Dentistry, and A.T. Still University's dental schools. The program aims to recruit students from underrepresented backgrounds into the dental profession through mentorship, hands-on learning, and career exposure. The 2024 session will occur from July 7-12 in Nashville, Tennessee.
Henry Schein (Nasdaq: HSIC), the global leader in healthcare solutions for dental and medical practitioners, announced its upcoming presentations at key investor conferences in June 2024. The company will present at the Jefferies Global Healthcare Conference in New York on June 5 at 10:00 a.m. Eastern time and the Goldman Sachs Global Healthcare Conference in Miami on June 11 at 11:20 a.m. Eastern time.
These presentations will be accessible via live webcast, with replays available post-event on the Henry Schein website.
Henry Schein (Nasdaq: HSIC) commits over $200,000 in cash and healthcare product donations to support recovery efforts in Brazil after severe flooding. Both the company and the Henry Schein Cares Foundation (HSCF) will match employee contributions to the 2024 Relief Fund, which aims to help those affected by the disaster. The initiative includes donations of essential healthcare supplies to partner relief organizations. Henry Schein's engagement with Brazil's dental sector since 2014 involves companies like Dental Cremer, Simples Dental, and S.I.N. Implant System. Customers impacted by the floods can seek assistance through local customer service channels.
Henry Schein, Inc. extends its partnership with Special Olympics through 2025, supporting health screenings and education for athletes with intellectual disabilities worldwide. The company donates oral health and medical care products for the Healthy Athletes program at select events across five countries. This collaboration aims to promote the physical and social-emotional well-being of individuals with intellectual disabilities, reducing health disparities and increasing life expectancy. Henry Schein's contributions have benefitted Special Olympics athletes since 2018, with recent support during the June 2023 Special Olympics World Games in Berlin, Germany. The partnership encourages health care providers to volunteer their services and enhance care practices for individuals with intellectual disabilities.
Henry Schein, Inc. reported solid first-quarter 2024 financial results with sales growth of 3.7%, GAAP diluted EPS of $0.72, and non-GAAP diluted EPS of $1.10. The company tightened its total sales growth guidance range to 8% to 10% and affirmed its 2024 non-GAAP diluted EPS guidance of $5.00 to $5.16. Adjusted EBITDA growth is expected to be more than 15% in 2024.
Henry Schein, Inc. (Nasdaq: HSIC) will be presenting at several investor conferences in May 2024. The company will be presenting at the Bank of America Healthcare Conference in Las Vegas on May 14, Leerink Healthcare Crossroads Conference in Austin on May 29, and Stifel Jaws & Paws Conference in New York City on May 30. Presentations can be accessed via live webcast on the company's IR webcasts page. Replays will also be available on the Henry Schein website.
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