Henry Schein Inc. (NYSE:HSIC) on Tuesday reported its fourth quarter adjusted earnings of $1.34, up from $1.19 a year ago, beating the consensus of $1.30.
Sales totaled $3.44 billion, surpassing the consensus estimate of $3.35 billion. Net sales increased 7.7% compared with the fourth quarter of 2024 and reflect 4.9% internal sales growth, 0.9% sales growth from acquisitions, and a 1.9% increase resulting from foreign currency exchange.
Segment Performance
Global Distribution and Value-Added Services sales rose 7.0% to $2.89 billion in the fourth quarter, up 5.2% on a constant-currency basis from the year-ago period.
Global Specialty Products sales increased 14.6% to $422 million, or 11.1% in constant currency, driven by strong dental implant demand and solid growth in endodontics.
Global Technology sales climbed 8.4% to $173 million, up 7.6% in constant currency from the fourth quarter of 2024, reflecting accelerated adoption of cloud-based software and revenue from newly launched solutions.
Management Commentary
“Our fourth-quarter sales reflect continuing momentum resulting in the highest sales growth in 15 quarters. We are pleased with …