Henry Schein (HSIC) Tops Q1 EPS by 2c

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Henry Schein Reports Record First Quarter Results

May 3, 2016 7:00 AM EDT

MELVILLE, N.Y., May 3, 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 first quarter financial results.

Net sales for the quarter ended March 26, 2016 were $2.7 billion, an increase of 10.1% compared with the first quarter of 2015.  This consisted of 12.0% growth in local currencies and a 1.9% decline related to foreign currency exchange.  In local currencies, internally generated sales increased 9.3% and acquisition growth was 2.7% (see Exhibit A for details of sales... More