Henry Schein, Inc.: A Tale Of An Improving Market Position with New Products 

Henry Schein Inc, the leading global healthcare solutions provider, recently reported its results for the first quarter of 2024. The company reported solid earnings driven by gross profit and gross margin expansion as it recovers from last quarter’s cyber-incident. It’s worth noting that even with the cyber incident, Henry Schein marked an improvement in its merchandise sales growth. The dental specialties and oral surgery segments drive growth with solid contributions from the company’s recent acquisitions. However, the company noted decreases in sales of Personal Protective Equipment (PPE) products, primarily due to a decrease in glove prices. The company aims for a reduced impact on sales growth from PPE as the year progresses.