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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 Announces Receipt of Deficiency Notice From Nasdaq Regarding Requirement to Timely File Quarterly Report on Form 10-Q

Rhea-AI Summary
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

Rhea-AI Summary
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.

Rhea-AI Summary
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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Henry Schein Provides Information on Cybersecurity Incident

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Henry Schein experiences cybersecurity incident, temporarily disrupting business operations.
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Henry Schein’s Practice Pink Program Continues to Support the Campaign Against Cancer in 2023

Rhea-AI Summary
Henry Schein, Inc. has raised over $1.9 million in 17 years through its Practice Pink program to support cancer research and prevention.
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Henry Schein to Present at Goldman Sachs Global Sustainability Forum

Rhea-AI Summary
Henry Schein, Inc. to present at Goldman Sachs Global Sustainability Forum on September 27, 2023
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Henry Schein Hosts 26th Annual ‘Back to School’ Program, Helping Students Worldwide Start The School Year Successfully

Rhea-AI Summary
Henry Schein provides underserved children with backpacks and school supplies through its 'Back to School' program
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Henry Schein to Present at Investor Conferences in September 2023

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Henry Schein, Inc. to present at investor conferences
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FAQ

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

The current stock price of Henry Schein (HSIC) is $74.75 as of January 23, 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.
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Henry Schein Inc

Nasdaq:HSIC

HSIC Rankings

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

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