Henry Schein dental sales fall flat at $1.5B for Q1: 5 notes


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Henry Schein reported a slight dip year over year — 0.1 percent — in dental sales, totaling $1.5 billion for the first quarter for 2019.

Five notes on the company's first quarter financial report released May 7:

1. Henry Schein's net sales for the quartered ended March 30 were $2.4 billion, a 3.8 percent increase year over year.

2. The company's net income for the first quarter was $118.4 million, or $0.78 per diluted share, compared to $111.5 million in the first quarter of 2018.

3. Within the company's medical sector, Henry Schein reported $683.7 million in sales, a 6.8 percent increase year over year.

4. Henry Schein's technology and value-added services generated $115.5 million in sales, a 35.1 percent increase year over year.

5. For the full year, Henry Schein expects earnings per share to range between $3.38 to $3.50, representing 7 percent to 10 percent growth compared to 2018 earnings per share.

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