Henry Schein global dental sales up 3% in Q1

Henry Schein saw a 9% uptick in net sales to $2.3 billion during the first quarter of 2013 (end-March 30), compared with $2.1 billion in the first quarter of 2012.

Global dental sales increased by 3% from $1.15 billion in the first quarter of 2012 to $1.19 billion in the first quarter this year.

Net income attributable to Henry Schein for the first quarter of 2013 was $91.5 million, compared with $80.8 million in the first quarter of 2012.

The quarter's results reflect certain macroeconomic challenges in Europe, as well as some one-time technical factors, but bottom-line performance was in line with expectations, Stanley Bergman, chairman of the board and CEO of Henry Schein, noted in a press release.

North America dental results were affected by strong fourth-quarter 2012 equipment sales as practitioners accelerated purchases to take advantage of certain U.S. tax opportunities, according to Henry Schein.

International merchandise and equipment declines reflected a cautious spending environment in much of Europe and Australasia and a more significant impact from the holiday timing, which resulted in one less selling day in certain European markets, the company noted. International equipment sales also were impacted by the biennial International Dental Show, which occurred in late first quarter of 2013.

Page 1 of 13
Next Page