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HENRY SCHEIN, INC.

(HSIC)
  Report
Delayed Nasdaq  -  04:00:00 2023-06-01 pm EDT
73.43 USD   -0.64%
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Henry Schein : Puts Hygiene at the Head of the Class

03/17/2022 | 12:32pm EDT
Henry Schein Puts Hygiene at the Head of the Class

Company Donates $325,000 in Cash and Products to Farmingdale State College's Dental Hygiene Department

Melville, NY March 17, 2022 --- Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of health care solutions to office-based dental and medical practitioners, today announced its donation through the Company's global corporate social responsibility program, Henry Schein Cares, of more than $325,000 in cash and products to the Farmingdale State College Foundation. As a result of a three-year partnership, the donation will support the Farmingdale State College's Dental Hygiene Department, reinforcing the Company's commitment to prospective and future hygienists who serve a vital role in helping enhance dental teams' productivity, and improve case acceptance among patients.

The donation will include 3D printers, caries detection devices, lasers, scanners, and hand instruments - all products that will help build capacity and skillsets for the next generation of health care professionals.

"At Henry Schein, we value and recognize the important role that hygienists play among dental teams, and we are committed to helping support the educational journey of hygiene students," said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. "We are also especially pleased to be able to continue to support a college that is fostering the advancement and growth of careers in health care here on Long Island, where we have our global headquarters."

Since 2014, Henry Schein has been supporting Farmingdale State College's Dental Hygiene Department to help ensure faculty, staff, and students have the products and resources necessary to advance their studies and deliver quality patient care.

"Henry Schein is focused on helping health happen and is happy to invest in the future of the hygienist since good oral health equates to better overall health," said Maureen Knott, Vice President of Omnichannel Marketing, Henry Schein Dental. "As a Farmingdale alumna, it is personally gratifying that we at Henry Schein are able to support the College's education of tomorrow's hygiene community, and together help ensure the provision of dental care for all communities, especially those most in need."

The products made available by Henry Schein Cares will also enable the provision of care for underserved patient populations who are treated at Farmingdale State College's Dental Hygiene Care Center, which features 35 dental units and a seven-room radiology suite. Products available at this Center will also help the department continue to deliver care that is provided annually to children ages one through 17, and their parents, as part of the school's ongoing participation in American Dental Association's Give Kids A Smile program. The program is celebrating its 20th anniversary this year, and Henry Schein has served as the exclusive professional product sponsor since the program's inception.

"The Dental Hygiene Department at Farmingdale State College is fortunate and grateful for the philanthropic efforts of Henry Schein Cares," said Dr. Lynn Marsh RDH, Dental Hygiene Department Chair & Professor. "The team's support has been greatly influential among our dental hygiene students, providing the gold standard in preventive oral health care."

"Henry Schein continues to be a model corporate citizen and an ideal business partner," said Dr. John S. Nader, President, Farmingdale State College. "Through its generosity and support, we have been able to further strengthen our nationally recognized Dental Hygiene Program."

For more information about Henry Schein, visit www.henryschein.com. To learn more about Farmingdale State College's Hygiene Department or Dental Hygiene Care Center, visit https://www.farmingdale.edu/health-sciences/den/index.shtml.

About Henry Schein, Inc.

Henry Schein, Inc. (Nasdaq: HSIC) is a solutions company for health care professionals powered by a network of people and technology. With more than 21,600 Team Schein Members worldwide, the Company's network of trusted advisors provides more than 1 million customers globally with more than 300 valued solutions that help improve operational success and clinical outcomes. Our Business, Clinical, Technology, and Supply Chain solutions help office-based dental and medical practitioners work more efficiently so they can provide quality care more effectively. These solutions also support dental and medical laboratories, government and institutional health care clinics, as well as other alternate care sites.

Henry Schein operates through a centralized and automated distribution network, with a selection of more than 120,000 branded products and Henry Schein private-brand products in stock, as well as more than 180,000 additional products available as special-order items.

A FORTUNE 500 Company and a member of the S&P 500® index, Henry Schein is headquartered in Melville, N.Y., and has operations or affiliates in 32 countries and territories. The Company's sales reached $12.4 billion in 2021, and have grown at a compound annual rate of approximately 12.5 percent since Henry Schein became a public company in 1995.

For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein, Instagram.com/HenrySchein, and Twitter.com/HenrySchein.

About Farmingdale State College

Dedicated to student success, Farmingdale State College (FSC) is a recognized leader in applied learning. With nearly 10,000 students, FSC delivers exceptional student outcomes and opportunities through teaching, scholarship and applied research for Long Island, New York, and beyond. As the first institution of public higher education on Long Island and one of the largest institutions in the State University of New York system, FSC's commitment to student-centered learning and inclusiveness is unparalleled, preparing graduates to be exemplary citizens equipped to excel in a competitive, diverse, and technically dynamic society. Farmingdale prepares emerging leaders in the growing technology, engineering, business, and health care fields and has long been a cornerstone of the region's economy with 96% of graduates working in New York State and 75% working on Long Island. The College is home to the Broad Hollow Bioscience Park, which supports the development of biotech start-up companies and partners with surrounding businesses and research institutions along the vibrant Route 110 business corridor. FSC proudly hosts one of New York State's leading Small Business Development Centers which provides professional business advisement, education, network resources, and advocates for small business and entrepreneurs.

Learn more here www.farmingdale.edu

# # #

Disclaimer

Henry Schein Inc. published this content on 17 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2022 17:30:05 UTC.


ę Publicnow 2022
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Financials (USD)
Sales 2023 12 846 M - -
Net income 2023 617 M - -
Net Debt 2023 562 M - -
P/E ratio 2023 15,6x
Yield 2023 -
Capitalization 9 620 M 9 620 M -
EV / Sales 2023 0,79x
EV / Sales 2024 0,72x
Nbr of Employees 22 000
Free-Float 99,6%
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Mean consensus HOLD
Number of Analysts 15
Last Close Price 73,43 $
Average target price 83,69 $
Spread / Average Target 14,0%
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Managers and Directors
Stanley M. Bergman Chairman & Chief Executive Officer
James P. Breslawski Vice Chairman & President
Ronald N. South Chief Financial Officer & Senior Vice President
Christopher Pendergast Chief Technology Officer & Senior Vice President
Michael Saul Ettinger Chief Operating Officer & Executive Vice President
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