Henry Schein Q2 dental sales up 8.9%

Henry Schein reported North American Dental sales of $677.6 million for the second quarter of 2010, an 8.9% increase over dental revenues in the same quarter a year ago.

That 8.9% increase consisted of 7.5% growth in local currencies and 1.4% growth related to foreign currency exchange, the company said. The 7.5% growth in local currencies included 7.1% growth in dental consumable merchandise sales and 8.6% growth in dental equipment sales and service revenues.

"Continued internal dental consumable merchandise sales growth in local currencies affirms our confidence that the market will show gradual improvement for the rest of the year," said Stanley M. Bergman, chairman and CEO, in a press release. "Strong internal growth in Dental equipment sales reflects higher demand for basic and for high-tech equipment and is another positive market indicator."

Companywide, net sales for the quarter were $1.8 billion, a 15.1% increase compared with the second quarter of 2009. Income from continuing operations for the quarter was $84.0 million, a 14.6% increase compared with the second quarter of 2009.

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