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Sep 26, 2020
Henry Schein Q3 2020 Earnings Report
Reported record financial results driven by strong sales growth in PPE and COVID-19-related products.
Key Takeaways
Henry Schein reported record third quarter financial results, with net sales reaching $2.8 billion, a 13.2% increase compared to the third quarter of 2019. GAAP diluted EPS from continuing operations was $0.99, and non-GAAP diluted EPS from continuing operations was $1.03. The company's performance was driven by sales of PPE and COVID-19-related products.
Internal sales growth in local currencies was 13.0%, driven by personal protective equipment and COVID-19-related products.
GAAP diluted EPS from continuing operations was $0.99 versus prior-year GAAP diluted EPS from continuing operations of $0.91.
Non-GAAP diluted EPS from continuing operations was $1.03 versus prior-year non-GAAP diluted EPS from continuing operations of $0.90.
The balance sheet was bolstered by quarterly cash flow from operations of $261.3 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Due to the continued uncertainty surrounding the COVID-19 pandemic and its impact on business operations, Henry Schein is not providing financial guidance at this time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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