Henry Schein

Schein shines but exchange rates hurt

Multiple acquisitions and healthier international markets helped Henry Schein post a record second quarter, according to an earnings report released Wednesday. Although the strength of the U.S. dollar against various foreign currencies once again shortchanged overall sales, the Melville-based provider of medical, dental and animal-health products and services recorded its second consecutive quarterly sales record. For the quarter ended June 27, Henry Schein reported $2.6 billion in net sales – a 0.5 percent increase over…


Henry Schein CEO Stanley Bergman

Henry Schein takes a bite of Danish

Henry Schein is going to Denmark. The Meville-based healthcare products distributor announced Tuesday it is acquiring a majority share of Jorgen Kruuse A/S, Scandinavia’s largest veterinary products distributor. Financial terms of the deal were not disclosed, by Henry Schein said it would acquire 85 percent of the company, which reported $90 million in 2014 sales. The Kruuse family will hold onto a 15 percent stake. The deal is expected to close in the third quarter…


Henry Schein CEO Stanley Bergman

At Henry Schein, good Fortune continues

Henry Schein’s big year continues: Not only did the Melville-based health care products distributor land Thursday on the Fortune 500 list for the 11th consecutive year, but it moved up five spots from its 2014 ranking. Henry Schein reported net sales of $10.4 billion in 2014, good for No. 287 on Fortune’s annual listing of the nation’s top public companies. Last year, the company was ranked No. 292. It was the latest glad tiding in…


Henry Schein posts record Q1 2015 results

An all-around great quarter for Henry Schein

The good times roll on at Henry Schein, with the Melville healthcare products distributor reporting record first-quarter results. Net sales for the quarter ended March 28 were $2.5 billion, a 1.4 percent increase over the same quarter a year earlier. The company also recorded a healthy increase in net income: Excluding pretax restructuring costs of $6.9 million, first-quarter net income was $108.4 million ($1.28 per diluted share), a 6.2 percent increase over 1Q 2014 net…


Henry Schein CEO Stanley Bergman

Henry Schein’s $11 billion niche

BY GREGORY ZELLER// Even for a company as large as Henry Schein, months don’t get much bigger than this. On April 17, one of Long Island’s best-known brands marked its first month on one of the planet’s most prestigious stock indexes. Henry Schein announced March 16 that it had been selected by S&P Dow Jones Indices to join the S&P 500, following Long Island’s Kimco Realty, Cablevision Systems Corp. and Pall Corp. Next came word…


Henry Schein CEO Stanley Bergman as the firm joins the S&P 500 and is named to Forbes best companies list.

Health products giant Henry Schein added to S&P 500

Melville-based Henry Schein was added S&P 500 this week in recognition of the healthcare products distributor’s market capitalization, which now ranks among the 500 largest companies listed on the New York Stock Exchange or NASDAQ. The firm’s market capitalization was about $11.5 billion – the largest for a Long Island-based firm. Canon, whose U.S. operations are headquartered in Melville, has a $36 billion market capitalization while CA Technologies, which recently moved its headquarters to New York City but maintains…