Henry Schein (HSIC) Tops Q4 EPS by 1c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus

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Henry Schein Reports Record Fourth Quarter And Full Year 2018 Financial Results

February 20, 2019 7:01 AM EST

MELVILLE, N.Y., Feb. 20, 2019 /PRNewswire/ -- Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of health care solutions to office-based dental and medical practitioners, today reported record fourth quarter financial results.

Net sales for the quarter ended December 29, 2018 were $3.4 billion, an increase of 1.7% compared with the fourth quarter of 2017. This consisted of 3.3% growth in local currencies and a 1.6% decline related to foreign currency exchange. In local currencies, internally generated sales increased 2.1% and acquisition growth was 1.2% (see Exhibit A for details of sales growth).

Net income attributable to... More