Dental supply company Henry Schein reported total net sales of $3.2 billion during the third quarter of 2024, according to a Nov. 5 financial report.
Here are eight things to know:
1. Third-quarter net sales in 2024 increased 0.4% compared to the third quarter of 2023.
2. Global dental sales accounted for $1.9 billion of the company's third-quarter sales, decreasing 1.6% from the third quarter of 2023.
3. Dental merchandise sales reached $1.4 billion and dental equipment sales were $400 million during the quarter.
4. The company's operating cash flow for the quarter was $151 million.
5. Henry Schein repurchased about 2 million shares of its common stock for a total of $135 million during the third quarter.
6. Through the first nine months of 2024, Henry Schein recorded $9.5 billion in total net sales.
7. Henry Schein's global dental sales reached $5.7 billion through the first three quarters of 2024.
8. The company projects 2024 total sales growth to be between 4% and 5% over 2023 sales.