Henry Schein 3Q income rises 7.8%: 3 things to know

Henry Schein has reported its third quarter financial results and announced strategic initiatives for the company’s future, according to a Newsday report. Here are three things to know.

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1. The company’s net income increased 7.8 percent to $114.8 million. Net sales rose 11.7 percent to $2.6 billion, the highest reported in the past three years.

2. Henry Schein’s dental sales grew 9.7 percent to $1.3 billion.

3. The company plans to cut 2 percent to 3 percent of its global workforce of 17,000. The workforce cuts are a part of a strategic plan to free capital for investment in new markets, according to the report.

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