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Henry Schein logoHenry Schein HSIC

Henry Schein said internally generated local currency sales increased 1.9% for the quarter ended June 28, 2025. Global Technology net sales increased 7.4%, with internally generated local currency growth of 6.6%, the company said.

10-QQuarterly reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Henry Schein said internally generated local currency sales increased 1.9% for the quarter ended June 28, 2025. Global Technology net sales increased 7.4%, with internally generated local currency growth of 6.6%, the company said.

  2. The company recorded restructuring costs associated with the 2024 Plan of $23 million for the quarter and $48 million for the 6 months, which it said primarily related to severance and employee-related costs, accelerated amortization of right-of-use assets and fixed assets.

  3. Henry Schein said net cash provided by operating activities for the 6 months was $157 million, lower than $493 million in the prior year, net cash used in investing activities was $197 million, and net cash provided by financing activities was $145 million.

  4. The company said its effective tax rate for the quarter was 24.4% and 24.7% for the 6 months, compared with 25.2% in the prior-year period. It said it is assessing the impact of the OBBBA signed on July 4 on its consolidated financial statements.

Key figures

Quarter ended June 28, 2025

Revenue
$3.2B
Operating income
$151M
Net income
$86M
EPS
$0.70
Gross profit
$1.0B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q2 Internally Generated Local Currency Sales Up 1.9%

Henry Schein said internally generated local currency sales increased 1.9% for the quarter ended June 28, 2025. Global Technology net sales increased 7.4%, with internally generated local currency growth of 6.6%, the company said.

Source · Based on the MD&A text of the filing

2024 Plan Restructuring Costs

The company recorded restructuring costs associated with the 2024 Plan of $23 million for the quarter and $48 million for the 6 months, which it said primarily related to severance and employee-related costs, accelerated amortization of right-of-use assets and fixed assets.

Source · Based on the MD&A text of the filing

6-Month Operating, Investing and Financing Cash Flows

Henry Schein said net cash provided by operating activities for the 6 months was $157 million, lower than $493 million in the prior year, net cash used in investing activities was $197 million, and net cash provided by financing activities was $145 million.

Source · Based on the MD&A text of the filing

Effective Tax Rate and OBBBA Impact Assessment

The company said its effective tax rate for the quarter was 24.4% and 24.7% for the 6 months, compared with 25.2% in the prior-year period. It said it is assessing the impact of the OBBBA signed on July 4 on its consolidated financial statements.

Source · Based on the MD&A text of the filing

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.