February 27, 2024 – Henry Schein launched 2024 monetary steerage on February 27, 2024. The steerage applies to present persevering with operations and introduced acquisitions and doesn’t embrace the influence of future share repurchases, potential future acquisitions, restructuring and integration prices, depreciation and bills of acquired intangible property, sure prices instantly associated to the cybersecurity incident or a attainable restoration of insurance coverage claims. This steerage additionally assumes that overseas forex alternate charges typically stay per present ranges and that finish markets stay per present market circumstances:

• Non-GAAP diluted earnings per share for 2024 attributable to Henry Schein, Inc. are anticipated to be $5.00 to $5.16, reflecting development of 11% to fifteen% in comparison with non-GAAP diluted earnings per share for 2023 of $4.50. This guideline displays:
  • an estimated residual influence from the cybersecurity incident of roughly $0.15 per diluted share, which is able to primarily influence the primary quarter, and
  • an estimated enhance within the non-GAAP efficient tax price from 23% to 25%, or roughly $0.13 per diluted share.
• Income development in 2024 is anticipated to be roughly 8% to 12% in comparison with 2023, reflecting the anticipated restoration in merchandise gross sales following the cybersecurity incident, and income from the acquisitions accomplished in 2023.
• Adjusted EBITDA is anticipated to develop by greater than 15% in 2024.

Be taught extra