Henry Schein reported record third quarter financial results.
Here are fight highlights:
1. Henry Schein's net sales were $2.7 billion, a 2.4 percent increase from the same period last year.
2. The net sales consist of a 8.3 percent growth in local currencies and a 5.9 percent decline related to foreign currency exchange. Internal general sales in local currencies increased 4.8 percent and acquisition growth was 3.5 percent.
3. The company's net income attributable to Henry Schein reached $127.7 million, or $1.52 per share.
4. Adjusted net income for the third quarter was $130.6 million, or $1.55 per share.
5. Henry Schein tightened its 2015 financial guidance range. The company expects adjusted diluted EPS to be $5.90 to $5.96, indicating a growth of 8 percent to 10 percent compared with 2014 results.
"We are pleased with our third quarter financial results, which reflected accelerated growth in adjusted diluted EPS as well as in worldwide sales despite the continued negative impact of the strength of the U.S. dollar. Through our long-standing strategy of organic growth complemented by strategic acquisitions, we believe we continued to gain market share on an overall basis during the quarter, both in North America and internationally," said Stanley M. Bergman, chairman of the board and CEO, Henry Schein.
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