Henry Schein’s dental businesses grew faster than its medical businesses in the third quarter, led by U.S. dental merchandise, according to the company’s third quarter earnings report, which was released Nov. 3.
Here are five things to know about the dental results:
- Total U.S. dental sales rose 5.9% to $933 million from $881 million, with 4.7% internal growth and the rest from acquisitions.
- U.S. dental merchandise sales rose 8.6% to $660 million in the third quarter of 2026, up from $607 million a year earlier, including 7.0% internal growth. Fred Lowery, the company’s CEO, attributed the growth “primarily” to volume “in a stable market” and said the company is gaining share in key businesses. The company’s release said the growth was due primarily to volume from market share gains.
- U.S. dental equipment sales rose 1.6% to $220 million, while U.S. dental value-added services sales fell 7.6% to $53 million.
- Global dental sales rose 5.4% to $1.8 billion, with 4.1% internal growth. Global dental merchandise sales rose 7.0% to $1.3 billion, global dental equipment sales rose 2.3% to $449 million and global value-added services sales fell 4.8% to $62 million.
- Through the first nine months of 2026, global dental sales rose 7.4% to $5.4 billion. Internal growth was 4.1%, and foreign currency added 2.4 percentage points. U.S. dental sales rose 5.5% to $2.7 billion, and international dental sales rose 9.4% to $2.7 billion, including 4.9 points from currency.
