The Latest Breaking News from HSIC

Henry Schein will release its third-quarter earnings next month, and analysts anticipate a double-digit profit dip.

Henry Schein outperformed its industry peers recently, and Wall Street analysts remain moderately optimistic about the stock’s prospects.

Pulled from Benzinga Pro data, Henry Schein (NASDAQ:HSIC) posted Q1 earnings of $186.00 million, an increase from Q4 of 22.25%. Sales dropped to $3.18 billion, a 4.56% decrease between quarters.

Henry Schein Inc (NASDAQ:HSIC) posts Q1 FY22 sales of $3.32 billion, beating the consensus of $3.13 billion, up 8.7% Y/Y, including 7.7% internal growth in local currencies, 2.4% growth from acquisitions, and a 1.4% decline related to foreign currency exchange. Q4 internal sales growth in local currencies, excluding personal protective equipment and COVID-19…

The rising demand for drugs and other medical products over the past few years has significantly increased the importance of healthcare distributors. Furthermore, the adoption of advanced and emerging technologies in the healthcare supply chain should help the medical distribution market grow robustly. So, we think the shares of fundamentally…

The dental care market is expected to grow in the coming years, propelled by an increasing geriatric population that is susceptible to dental disorders and people with unhealthy lifestyles that encourage chronic oral diseases. Furthermore, increasing government initiatives to strengthen oral healthcare infrastructure should help the industry grow. So, we…

  Henry Schein (NASDAQ:HSIC) will host a conference call at 10:00 AM ET on May 3, 2022, to discuss Q1 2022 earnings results. How to Attend Henry Schein (HSIC) Conference Call Follow this link to access the live webcast.

The healthcare industry is expected to grow significantly, driven by the sustained demand from an aging population, advancements in medical technologies, and increased health awareness among individuals. Thus, we think it could be wise to invest in the fundamentally strong medical distribution stocks AmerisourceBergen (ABC) and Henry Schein (HSIC) with…

The healthcare sector has historically provided a better hedge against inflation than gold because of the inelastic demand for its products and services. Rising healthcare needs of an aging population, integration of advanced technologies, and breakthroughs in clinical trials brighten the sector’s prospects. Therefore, fundamentally-sound and undervalued healthcare stocks Sanofi…