Henry Schein Climbs to #292 on the FORTUNE 500®
2014 Marks Company's 10th Anniversary as one of America's Largest Corporations
MELVILLE, N.Y., June 2, 2014 /PRNewswire/ -- Henry Schein, Inc. (NASDAQ: HSIC), the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners, announced today that it has climbed to #292 on the FORTUNE 500® ranking of America's largest corporations, marking its 10th anniversary as a FORTUNE 500 company. The Company was ranked #296 on the 2013 list.
Henry Schein had net sales in 2013 of $9.6 billion, up from $4.1 billion in 2004 when it first debuted on the FORTUNE 500 at #487. Since Henry Schein became a public company in 1995, the Company's revenues have grown at a compound annual rate of approximately 16 percent.
The FORTUNE 500 list is an annual ranking of America's largest corporations based on total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency.
"Our continued climb up the Fortune 500 rankings for a decade underscores the soundness of our long-term strategic vision for the Company," said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. "Our continued global growth is the result of the shared commitment and values of nearly 17,000 Team Schein Members, who are dedicated to providing our customers with the very best solutions and service, and to continually raising the bar for our Company's performance year after year."
Henry Schein has also been a FORTUNE Most Admired company for 13 consecutive years. In 2014, the Company ranked #1 on the 2014 FORTUNE Most Admired list in the Wholesalers: Health Care industry category, and first in each of the nine sub-categories used to create the rankings, which are: Innovation, People Management, Use of Corporate Assets, Social Responsibility, Quality of Management, Financial Soundness, Long-Term Investment, Quality of Products/Services, and Global Competitiveness.
About Henry Schein, Inc.
Henry Schein, Inc. is the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners. The Company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. A Fortune 500® Company and a member of the NASDAQ 100® Index, Henry Schein employs nearly 17,000 Team Schein Members and serves more than 800,000 customers.
The Company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high-quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 96,000 branded products and Henry Schein private-brand products in stock, as well as more than 110,000 additional products available as special-order items. The Company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services. Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 27 countries. The Company's sales reached a record $9.6 billion in 2013, and have grown at a compound annual rate of approximately 16 percent since Henry Schein became a public company in 1995. For more information, visit the Henry Schein website at www.henryschein.com.
SOURCE Henry Schein, Inc.
Susan Vassallo, Vice President, Corporate Communications, Susan.vassallo@henryschein.com, (631) 843-5562