Henry Schein, Inc. to Detail Strategic Plan and Long-Term Financial Goals at Investor Meeting
“Since becoming a public company in 1995, Henry Schein has strategically transformed into a leading global health care distribution and specialty products and services provider,” said
“We are uniquely positioned to build on our industry leadership in the large and growing markets we serve. With strong end-market fundamentals, a highly experienced management team, and an outstanding financial track record, we believe that Henry Schein can capture the market opportunity ahead and deliver sustainable long-term earnings growth for our shareholders.”
Henry Schein’s management team will present the Company’s value-creation strategy and long-term financial goals, including:
- A deep dive into its BOLD+1 Strategic Plan and the key initiatives underway to accelerate growth and margin expansion;
- The significant progress made to date related to:
- Expanding the Specialty Products and Technology and Value-added Service businesses;
- Delivering sustainable growth;
- Driving digital transformation;
- Investing in people and culture as we advance our ESG priorities; and
- Additional discussion of the recently announced 2023 financial guidance, estimates of relevant market sizes and growth, and key drivers of the Company’s long-term financial goals.
The presentation will be broadcast live via webcast at www.henryschein.com/IRwebcasts. An on-demand replay of the presentation will be available on the Henry Schein website following the conclusion of the event.
The materials for today’s event, including a presentation, are available on the investor relations section of Henry Schein’s website. Click here to view all.
Henry Schein operates through a centralized and automated distribution network, with a selection of more than 300,000 branded products and Henry Schein corporate brand products in our distribution centers.
A FORTUNE 500 Company and a member of the S&P 500® index, Henry Schein is headquartered in
For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein, Instagram.com/HenrySchein, and Twitter.com/HenrySchein.
Cautionary Note Regarding Forward-Looking Statements
In accordance with the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995, we provide the following cautionary remarks regarding important factors that, among others, could cause future results to differ materially from the forward-looking statements, expectations and assumptions expressed or implied herein. All forward-looking statements made by us are subject to risks and uncertainties and are not guarantees of future performance. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance and achievements or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These statements are generally identified by the use of such terms as “may,” “could,” “expect,” “intend,” “believe,” “plan,” “estimate,” “forecast,” “project,” “anticipate,” “to be,” “to make” or other comparable terms. A fuller discussion of our operations, financial condition and status of litigation matters, including factors that may affect our business and future prospects, is contained in documents we have filed with the
Risk factors and uncertainties that could cause actual results to differ materially from current and historical results include, but are not limited to: risks associated with COVID-19 and any variants thereof, as well as other disease outbreaks, epidemics, pandemics, or similar wide-spread public health concerns and other natural disasters; our dependence on third parties for the manufacture and supply of our products; our ability to develop or acquire and maintain and protect new products (particularly technology products) and technologies that achieve market acceptance with acceptable margins; transitional challenges associated with acquisitions, dispositions and joint ventures, including the failure to achieve anticipated synergies/benefits; legal, regulatory, compliance, cybersecurity, financial and tax risks associated with acquisitions, dispositions and joint ventures; certain provisions in our governing documents that may discourage third-party acquisitions of us; adverse changes in supplier rebates or other purchasing incentives; risks related to the sale of corporate brand products; effects of a highly competitive (including, without limitation, competition from third-party online commerce sites) and consolidating market; the repeal or judicial prohibition on implementation of the Affordable Care Act; changes in the health care industry; risks from expansion of customer purchasing power and multi-tiered costing structures; increases in shipping costs for our products or other service issues with our third-party shippers; general global and domestic macroeconomic and political conditions, including inflation, deflation, recession, fluctuations in energy pricing and the value of the
We caution that these factors may not be exhaustive and that many of these factors are beyond our ability to control or predict. Accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. We undertake no duty and have no obligation to update forward-looking statements except as required by law.
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Ronald N. South
Senior Vice President and Chief Financial Officer
Vice President, Investor Relations and Strategic Financial Project Officer
Vice President, Global Corporate Media Relations