Henry Schein (HSIC) PT Bumped to $159 at Piper Jaffray Amid Solid Q4
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Henry Schein Reports Record Fourth Quarter And Full Year Results
February 10, 2016 7:01 AM ESTMELVILLE, N.Y., Feb. 10, 2016 /PRNewswire/ -- Henry Schein, Inc. (NASDAQ: HSIC), the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners, today reported record fourth quarter financial results.
Net sales for the quarter ended December 26, 2015 were $2.9 billion, an increase of 5.5% compared with the fourth quarter of 2014. This consisted of 10.3% growth in local currencies and a 4.8% decline related to foreign currency exchange. In local currencies, internally generated sales increased 6.5% and acquisition growth was 3.8% (see Exhibit A for details of sales... More
