Henry Schein (HSIC) Tops Q1 EPS by 3c; Affirms Guidance

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Henry Schein Reports Record First Quarter 2018 Financial Results

May 8, 2018 7:00 AM EDT

MELVILLE, N.Y., May 8, 2018 /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 first quarter results for the quarter ended March 31, 2018.

Net sales for the quarter were $3.2 billion, an increase of 10.2% compared with the first quarter of 2017. This consisted of 5.9% growth in local currencies and a 4.3% increase related to foreign currency exchange. In local currencies, internally generated sales increased 3.8% and acquisition growth was 2.1% (see Exhibit A for details of... More