Henry Schein, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 30, 2023
February 27, 2024 at 06:00 am EST
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Henry Schein, Inc. reported earnings results for the fourth quarter and full year ended December 30, 2023. For the fourth quarter, the company reported sales was USD 3,017 million compared to USD 3,371 million a year ago. Net income was USD 18 million compared to USD 47 million a year ago.
For the full year, sales was USD 12,339 million compared to USD 12,647 million a year ago. Net income was USD 416 million compared to USD 538 million a year ago. Basic earnings per share from continuing operations was USD 3.18 compared to USD 3.95 a year ago. Diluted earnings per share from continuing operations was USD 3.16 compared to USD 3.91 a year ago.
Henry Schein, Inc. specializes in the distribution of care products and services intended for health professionals (doctors, surgeons, dentists, veterinary laboratories and clinics). Net sales break down by activity as follows:
- distribution of health care products and equipment (93.5%): dental products and equipment (65.4% of net sales; consumable products, laboratory equipment, print materials, implants, anesthetics, etc.) and medical equipment (34.6%; medicines, vaccines, vitamins, surgical material, diagnostic tests, etc.);
- other (6.5%): sale and integration of management software, financial, training, maintenance and equipment repair services.
The United States account for 69.9% of net sales.Henry Schein, Inc. specializes in the distribution of care products and services intended for health professionals (doctors, surgeons, dentists, veterinary laboratories and clinics). Net sales break down by activity as follows:
- distribution of health care products and equipment (93.5%): dental products and equipment (65.4% of net sales; consumable products, laboratory equipment, print materials, implants, anesthetics, etc.) and medical equipment (34.6%; medicines, vaccines, vitamins, surgical material, diagnostic tests, etc.);
- other (6.5%): sale and integration of management software, financial, training, maintenance and equipment repair services.
The United States account for 69.9% of net sales.
HENRY SCHEIN, INC. 
