AI English summary of an SEC filing — figures as filed
The company said total net sales for Q4 2023 were $3.0 billion, down 10.5% from a year earlier, and internal sales fell 12.0%. It estimated the sales reduction from the cybersecurity incident at $350 million to $400 million (10% to 12%).
Key points
AI summaryThe company said total net sales for Q4 2023 were $3.0 billion, down 10.5% from a year earlier, and internal sales fell 12.0%. It estimated the sales reduction from the cybersecurity incident at $350 million to $400 million (10% to 12%).
Henry Schein said GAAP net income for Q4 was $18 million ($0.13 per diluted share), and non-GAAP net income was $86 million ($0.66 per diluted share). It put the estimated impact of the cybersecurity incident at $0.70 to $0.75 per diluted share.
The company said full-year net sales for 2023 were $12.3 billion, down 2.4% from the prior year. It also said GAAP net income was $416 million ($3.16 per diluted share) and non-GAAP diluted EPS was $4.50.
Henry Schein said it expects non-GAAP diluted EPS for 2024 of $5.00 to $5.16, an increase of 11% to 15% over 2023 $4.50. It also expects sales growth of about 8% to 12% and Adjusted EBITDA growth of more than 15%.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Net sales for Q4 2023 at $3.0 billion, down 10.5%
The company said total net sales for Q4 2023 were $3.0 billion, down 10.5% from a year earlier, and internal sales fell 12.0%. It estimated the sales reduction from the cybersecurity incident at $350 million to $400 million (10% to 12%).
Source · Based on the filing body and exhibits
Q4 GAAP diluted EPS at $0.13, non-GAAP at $0.66
Henry Schein said GAAP net income for Q4 was $18 million ($0.13 per diluted share), and non-GAAP net income was $86 million ($0.66 per diluted share). It put the estimated impact of the cybersecurity incident at $0.70 to $0.75 per diluted share.
Source · Based on the filing body and exhibits
2023 full-year net sales at $12.3 billion, GAAP net income at $416 million
The company said full-year net sales for 2023 were $12.3 billion, down 2.4% from the prior year. It also said GAAP net income was $416 million ($3.16 per diluted share) and non-GAAP diluted EPS was $4.50.
Source · Based on the filing body and exhibits
2024 non-GAAP diluted EPS outlook of $5.00 to $5.16
Henry Schein said it expects non-GAAP diluted EPS for 2024 of $5.00 to $5.16, an increase of 11% to 15% over 2023 $4.50. It also expects sales growth of about 8% to 12% and Adjusted EBITDA growth of more than 15%.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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