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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 Opens Customer Assistance Hotline in Response to Hurricane Idalia

Rhea-AI Summary
Henry Schein, Inc. reminds dentists and physicians in Florida and areas affected by Hurricane Idalia to call their customer assistance hotline for help with operational, logistical, or financial issues. The hotline is open 24/7 with real-time assistance available from 8 a.m. to 6 p.m. Eastern Time. Stanley M. Bergman, CEO of Henry Schein, encourages healthcare professionals to contact the hotline for assistance with recovery and rebuilding efforts.
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Henry Schein Contributes to Relief Efforts in Response to Hawaii Wildfires

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Henry Schein, Inc. is raising money for recovery and rebuilding efforts in Hawaii after the wildfires. They are donating up to $200,000 in cash and health care products. The company and the Henry Schein Cares Foundation are seeding a 2023 Disaster Relief Fund with a $25,000 donation and will match employee contributions up to $25,000. In addition, Henry Schein plans to donate up to $125,000 worth of health care products to relief organizations.
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Henry Schein Opens Customer Assistance Hotline in Response to Hawaii Wildfires

Rhea-AI Summary
Henry Schein, Inc. reminds its customers in Hawaii that the Henry Schein Customer Assistance Hotline is open for dentists and physicians who may experience operational, logistical, or financial issues as a result of damage caused by the recent wildfires.
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Henry Schein Launches New Equipment Repair Subscription Program

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Henry Schein Inc. (HSIC) introduces Henry Schein Thrive Service Plus, a new equipment repair subscription offering delivered by ServiceFirst. This plan provides comprehensive access to ServiceFirst technicians, expert Technical Advisors, and priority dispatch for emergency repair services. The subscription is part of the Henry Schein Thrive Rewards program, designed to help dental practices be successful.
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Henry Schein Reports Solid Second-Quarter 2023 Financial Results and Affirms Full-year Guidance

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HSIC: Henry Schein Reports 3.3% Internal Sales Growth Excluding PPE and COVID-19 Test Kits, Affirms 2023 EPS Guidance of $5.18-$5.35. Second-quarter financial results show GAAP diluted EPS of $1.06 and non-GAAP diluted EPS of $1.31. Dental businesses in North America drive the growth, with total net sales up 2.3% compared to the same period in 2022.
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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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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