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Henry Schein (HSIC) Stock News, Jan-Feb 2022

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Henry Schein, Inc. reports developments across its health care distribution, practice solutions, and dental technology businesses. The company serves office-based dental and medical practitioners, dental laboratories, government and institutional health care clinics, and other alternate care sites through business, clinical, technology, and supply chain solutions.

Recurring news themes include earnings releases, financial guidance, investor conference participation, board and executive governance updates, and product announcements from Henry Schein One. Recent technology coverage centers on Dentrix Ascend, a cloud-based dental platform that integrates practice management, clinical workflows, imaging, revenue cycle management, analytics, patient experience tools, and AI-enabled workflow capabilities.

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Henry Schein, Inc. (NASDAQ: HSIC) has launched a virtual program titled “Optimism and Opportunities in Oral Health,” coinciding with the Chicago Midwinter Dental Meeting. This on-demand program features discussions with ASDA leaders and Henry Schein executives, focusing on the dental profession's evolution. CEO Stanley Bergman emphasized the importance of sharing insights for the advancement of dentistry. This initiative reflects the company's commitment to oral health as part of overall healthcare.

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Zahn Dental, the dental laboratory business of Henry Schein, has committed $150,000 to Feeding America to aid communities facing food insecurity, particularly seniors. This contribution aims to enhance access to nutrition and combat malnutrition among elderly individuals, who often suffer from chronic conditions affecting their dietary needs. Zahn's supplier partners will also support this initiative. Feeding America highlights that over 38 million people in the U.S. face food insecurity, an issue worsened by the pandemic. This partnership aligns with Zahn's mission to link oral health with overall well-being.

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Henry Schein reported fourth-quarter 2021 net sales of $3.3 billion, a 5.2% increase year-over-year. GAAP diluted EPS from continuing operations rose to $1.05, up from $0.99 a year earlier. Non-GAAP diluted EPS also increased to $1.07 from $1.00.

The company projects 2022 GAAP diluted EPS between $4.75 and $4.91, reflecting 7% to 10% growth from 2021. Global dental sales reached $2.0 billion for the quarter, a 9.4% rise, while medical sales declined by 3.2%. The company continues to focus on operational improvements and technology services.

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Henry Schein, Inc. (Nasdaq: HSIC), a leading provider of health care solutions, announced its participation in two virtual investor events in February 2022. The events include the Baird 2022 Sustainability Conference on February 23, 2022, at 2:20 p.m. Eastern and the Jefferies 2022 Dental Summit on February 24, 2022, at 1:00 p.m. Eastern. The Baird conference will be available for live webcast, with replays accessible on their website. Henry Schein reported $10.1 billion in sales for 2020, highlighting its significant impact in the healthcare industry.

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Henry Schein, Inc. (NASDAQ: HSIC) is set to host its inaugural in-person THRIVE LIVE™ event from April 7-9 at the Bellagio Hotel & Casino in Las Vegas, NV. This premier educational gathering will focus on the latest in dental technology, offering clinicians and their teams opportunities to learn from industry leaders and network with peers. The event will also integrate the Business of Dentistry conference, enhancing the educational value for attendees. The initiative underscores Henry Schein's commitment to equipping dental professionals with vital knowledge for effective practice management.

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Henry Schein, a leading provider of healthcare solutions, will release its fourth quarter and full-year 2021 financial results on February 15, 2022, prior to market opening. A live webcast of the earnings call will begin at 10:00 a.m. ET, featuring speeches from executives including CEO Stanley M. Bergman and CFO Steven Paladino. The call will be accessible via the company's webcast link. Henry Schein operates globally, supporting over 1 million customers with a comprehensive range of healthcare solutions.

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FAQ

What is the current stock price of Henry Schein (HSIC)?

Henry Schein (HSIC) last closed at $86.

What is the market cap of Henry Schein (HSIC)?

The market cap of Henry Schein (HSIC) is approximately $9.6B.