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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.

News

Henry Schein Appoints Carole T. Faig as New Independent Director

Rhea-AI Summary
Henry Schein, Inc. (HSIC) Appoints Carole T. Faig as Independent Director, Bringing Extensive Health Care and Finance Expertise
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Henry Schein Marks 25 Years of Its ‘Holiday Cheer for Children’ Program

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Henry Schein, Inc. (Nasdaq: HSIC) celebrates 25 years of its 'Holiday Cheer for Children' program, benefiting over 20,000 underserved children and families worldwide. TSMs have donated clothing, toys, and gift cards, with the latest event hosting 100 children and providing 300 gift cards. The program reflects the company's commitment to community service and is supported by the Henry Schein Cares Foundation.
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Zahn Dental Exclusively Distributes Myerson’s New Trusana™ 3D Premium Denture System

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Zahn Dental, the dental laboratory business of Henry Schein, Inc. (Nasdaq: HSIC), announces its exclusive distribution of Myerson’s newly launched Trusana™ Premium Denture System. The system is comprised of the Trusana Premium 3D Tooth Resin, Trusana Premium 3D Denture Base Resin, and Trusana Bond Denture Adhesive. The three products work together to create a premium denture with optimal physical properties and esthetics for dental laboratories. Trusana’s patented chemistry delivers an esthetic, unfilled polymer with high flexural strength, fracture toughness, and wear-resistance that helps mirror the beauty and translucency of a natural smile. Trusana resins won a RadTech/UVA Emerging Technology award for additive manufacturing in 2020.
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Henry Schein Earns Top Score in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index for Eighth Consecutive Year

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Henry Schein, Inc. (Nasdaq: HSIC) scores 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index, earning the Equality 100 Award for the eighth consecutive year. The company joins 545 major U.S. businesses with top marks, showcasing a commitment to LGBTQ+ workplace equality. Chairman and CEO Stanley M. Bergman emphasizes the importance of diversity and inclusion in the company's culture, expressing gratitude to the Human Rights Campaign Foundation. The PRIDE & ALLIES employee resource group focuses on fostering an inclusive environment and facilitating conversations around LGBTQ+ equality and inclusion.
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Henry Schein to Present at Nasdaq’s 49th Investor Conference

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Henry Schein, Inc. (HSIC) will present at Nasdaq's 49th Investor Conference on December 6, 2023, at The May Fair Hotel in London. The live webcast can be accessed at https://investor.henryschein.com/webcasts. Henry Schein is the world's largest provider of health care solutions to office-based dental and medical practitioners.
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Henry Schein Announces Receipt of Deficiency Notice From Nasdaq Regarding Requirement to Timely File Quarterly Report on Form 10-Q

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Henry Schein, Inc. (Nasdaq: HSIC) received a notice from Nasdaq stating it was not in compliance with listing requirements due to the delayed filing of its quarterly report. This delay was caused by information access limitations resulting from a cybersecurity incident. The company has 60 days to submit a plan to come into compliance, but it expects to file the report before the end of November 2023.
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Henry Schein Reports Third-Quarter 2023 Financial Results and Updates Full-Year Guidance

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Henry Schein, Inc. (HSIC) reports stable net total sales growth of 3.1% in Q3 2023. GAAP diluted EPS of $1.05 and non-GAAP diluted EPS of $1.32. Global Dental sales increased by 5.4%, while Global Medical sales decreased by 3.1%. 2023 non-GAAP diluted EPS guidance updated to $4.43 to $4.71 due to softening macroeconomic conditions and a $0.55 to $0.75 business interruption impact from a recent cybersecurity incident.
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Henry Schein to Present at Upcoming Investor Conferences in November 2023

Rhea-AI Summary
Henry Schein, Inc. (Nasdaq: HSIC) will present at several investor conferences in November 2023, including Stifel’s Healthcare Conference, Piper Sandler Conference, and Evercore ISI HealthCONx Conference. The presentations can be accessed via live webcast on the company's investor website.
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Henry Schein to Webcast Third Quarter 2023 Conference Call and Provide an Update on Its Full-Year 2023 Guidance on Monday, November 13, 2023 at 10:00 a.m. ET

Rhea-AI Summary
Henry Schein, Inc. will release its Q3 2023 financial results on November 13, 2023. The company will provide an update on its earnings expectations for the full-year 2023 and discuss the impact of the cybersecurity incident. The earnings conference call will be available via webcast.
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Henry Schein Completes Acquisition of a Majority Interest in Shield Healthcare, Inc.

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Henry Schein, Inc. has completed the acquisition of Shield Healthcare, a leading supplier of homecare medical products. Shield Healthcare had 2022 net sales of approximately $180 million. The transaction is expected to be neutral to 2023 non-GAAP earnings per share and accretive thereafter.
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FAQ

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

The current stock price of Henry Schein (HSIC) is $69.82 as of December 20, 2024.

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

The market cap of Henry Schein (HSIC) is approximately 8.7B.

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.

Stock HSIC logo
Henry Schein Inc

Nasdaq:HSIC

HSIC Rankings

#927 Ranked by Market Cap
N/A Ranked by Dividends

HSIC Stock Data

8.71B
123.38M
0.9%
107.44%
4.98%
Medical Distribution
Wholesale-medical, Dental & Hospital Equipment & Supplies
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United States of America
MELVILLE