Henry Schein Named One of 'Top 50 Movers' in 2008 Fortune 500 Ranking and Number 53 in 2008 Barron's 500 Ranking
Company moves up 28 spots to number 410 in Fortune 500 and up 140 spots in the Barron's 500
MELVILLE, N.Y.--(BUSINESS WIRE)--May 20, 2008--Henry Schein, Inc. (NASDAQ: HSIC), the largest distributor of healthcare products and services in the combined North American and European markets, has been named one of the "Top 50 Movers" in the 2008 Fortune 500 ranking of America's Largest Companies. The Company gained 28 spots in the annual ranking based on revenues, up to number 410 from number 438 in 2007. Henry Schein also ranked number 53 in the 2008 Barron's 500, up from its ranking of 193 last year. The Barron's 500 is a list of America and Canada's largest companies based on stock price performance, cash-flow return on investment, and sales growth.
"We are very pleased with our increase in revenue over the past year, particularly as this is a result of organic growth and important strategic acquisitions that position us to take advantage of future market opportunities," said Stanley M. Bergman, Chairman and Chief Executive Officer for Henry Schein. "The steady climb that Henry Schein has made in the Fortune 500 rankings since our debut in 2004, as well as our very strong showing this year in the Barron's 500, is a reflection of the shared commitment of more than 12,000 Team Schein Members to provide our dental, medical and animal health customers with products and services that will help them operate more efficient and successful practices and deliver quality care to their patients."
In addition to its results in the Fortune 500 and the Barron's 500 rankings, Henry Schein was recently ranked number one in the "Wholesalers: Health Care" industry in the Fortune 2008 list of America's Most Admired Companies. Contributing to Henry Schein's top overall ranking in its industry were number one rankings in seven key attributes of reputation: innovation, use of corporate assets, quality of management, financial soundness, long-term investment, quality of products/services and social responsibility. This marks the fourth consecutive year that Henry Schein has been named number one in its industry for social responsibility.
About Henry Schein
Henry Schein, a Fortune 500(R) company and a member of the NASDAQ 100(R) Index, is recognized for its excellent customer service and highly competitive prices. The Company's four business groups - Dental, Medical, International and Technology - serve more than 550,000 customers worldwide, including dental practitioners and laboratories, physician practices and animal health clinics, as well as government and other institutions. The Company operates through a centralized and automated distribution network, which provides customers in more than 200 countries with a comprehensive selection of more than 90,000 national and Henry Schein private-brand products in stock, as well as more than 100,000 additional products available as special-order items.
Henry Schein also offers a wide range of innovative value-added practice solutions for healthcare professionals, such as ArubA(R), the Company's electronic catalog and ordering system. Its leading practice-management software solutions have a user base of more than 52,000 practices, including DENTRIX(R), Easy Dental(R), Oasis(R) and EXACT(R) for dental practices, MicroMD(R) for physician practices, and AVImark(R) for animal health clinics.
Headquartered in Melville, N.Y., Henry Schein employs over 12,000 people and has operations or affiliates in 20 countries. The Company's net sales reached a record $5.9 billion in 2007. For more information, visit the Henry Schein Web site at www.henryschein.com.
CONTACT: Henry Schein, Inc.
Susan Vassallo
Vice President, Corporate Communications
631-843-5562
susan.vassallo@henryschein.com
SOURCE: Henry Schein, Inc.