Henry Schein (HSIC) Tops Q2 EPS by 1c, Trims FY EPS Guidance

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Henry Schein Reports Second Quarter Financial Results

August 4, 2016 7:00 AM EDT

MELVILLE, N.Y., Aug. 4, 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 financial results for the second quarter of 2016.

Net sales for the quarter ended June 25, 2016, were $2.9 billion, an increase of 9.3% compared with the second quarter of 2015.  This consisted of 9.7% growth in local currencies and a 0.4% decline related to foreign currency exchange.  In local currencies, internally generated sales increased 7.6% and acquisition growth was 2.1% (see Exhibit A for details of sales... More