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Henry Schein Q4 net sales $3.4 billion

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Staff Writer | Thursday February 21, 2019 3:23AM ET
Henry Schein
Henry Schein   In local currencies, internally generated sales increased 2.1%

Henry Schein reported record fourth quarter financial results.


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Net sales for the quarter ended December 29, 2018 were $3.4 billion, an increase of 1.7% compared with the fourth quarter of 2017.

This consisted of 3.3% growth in local currencies and a 1.6% decline related to foreign currency exchange.

In local currencies, internally generated sales increased 2.1% and acquisition growth was 1.2%.

Net income attributable to Henry Schein, Inc. for the fourth quarter of 2018 was $133.0 million, or $0.87 per diluted share, compared with a prior-year net loss of $8.5 million, or $0.06 per share.

Non-GAAP net income for the fourth quarter of 2018 was $171.6 million, or $1.12 per diluted share, compared with non-GAAP net income of $152.1 million, or $0.97 per diluted share, for the fourth quarter of 2017.

Non-GAAP results for the fourth quarter of 2018 and 2017 exclude certain items noted in Exhibit B, which provides a reconciliation of GAAP net income and diluted EPS to non-GAAP net income and diluted EPS.

 

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