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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 to Acquire a Majority Interest in Shield Healthcare, a Leading Supplier of Homecare Medical Products to Patients in the Home; Expands Henry Schein Medical’s Continuum-of-Care Delivery Model

Rhea-AI Summary
Henry Schein, Inc. (Nasdaq: HSIC) announces acquisition of majority ownership in Shield Healthcare, a leading supplier of homecare medical products. The deal enhances Henry Schein Medical's continuum-of-care delivery model and expands its homecare medical products platform to over $300 million in annualized revenue. The transaction is expected to be completed in the third quarter of 2023.
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Henry Schein Acquires a Majority Interest in Large Practice Sales LLC, a Leading Transaction Advisory Services Business

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Henry Schein, Inc. has acquired a majority ownership interest in Large Practice Sales LLC (LPS), a leading advisor to independent dental practices. LPS had 2022 net sales of approximately $40 million. The transaction is expected to be neutral to 2023 non-GAAP diluted earnings per share for Henry Schein.
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Henry Schein Medical and Medpod Inc. Join Forces to Launch Medpac

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Henry Schein Releases 2022 Sustainability and Corporate Social Responsibility Report, Demonstrating Company’s Commitment to ‘Delivering Solutions for a Healthier Tomorrow’

Rhea-AI Summary
Henry Schein, Inc. (HSIC) announces the publication of its 2022 Sustainability and Corporate Social Responsibility Report, focusing on promoting responsible business practices and making a positive impact on society. The report reflects the company's commitment to sustainability and its efforts to deliver solutions for a healthier tomorrow.
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Henry Schein to Webcast Second Quarter 2023 Conference Call on Monday, August 7, 2023 at 10:00 A.M. ET

Rhea-AI Summary
HSIC: Henry Schein to Release Q2 2023 Financial Results on August 7, 2023. Live webcast of earnings conference call at 10:00 a.m. Eastern time. Speakers include Stanley M. Bergman and Ronald N. South. Investors can access the call at www.henryschein.com/IRwebcasts
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Henry Schein Enhances Liquidity Position With New $750 Million Credit Facility

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Henry Schein, Inc. (HSIC) amends existing $1 billion credit facility, bringing total liquidity to $1.8 billion. The company closed on a new $750 million credit facility with a maturity date of July 2026 and amended its existing $1 billion revolving credit facility, extending the maturity date to July 2028. These credit facilities provide the Company with $1.8 billion of available borrowing capacity, supporting their BOLD+1 Strategic Plan and potential M&A opportunities.
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Henry Schein Congratulates Dr. Louis W. Sullivan for Receiving a 2023 National Humanism in Medicine Medal, Awarded by The Arnold P. Gold Foundation

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Henry Schein Donates Health Care Products to Support Special Olympics Healthy Athletes® Screenings at Special Olympics World Games Berlin 2023

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Henry Schein Medical Joins Defibtech and the Professional Football Athletic Trainers Society Foundation to Donate Automated External Defibrillators for Young Athletes Across the Country

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Stanley M. Bergman Delivers Commencement Address at the University of North Carolina at Chapel Hill Adams School of Dentistry

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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
Link
United States of America
MELVILLE