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Henry Schein Posts Strongest Sales Growth in 15 Quarters: Here’s What the Numbers Say
Henry Schein reported its strongest quarterly sales growth in 15 quarters, with Q4 revenue up 7.7% year-over-year to $3.4 billion, exceeding expectations. This performance is largely attributed to a significant increase in high-margin specialty products revenue and signals a strong recovery in the dental and medical supplies market. The company, under new CEO Frederick Lowery, is implementing a BOLD+1 plan aimed at improving operating income, and Wall Street maintains a mixed but generally positive outlook with an average price target implying a 12% upside.