Henry Schein reports record Q3 revenues

Henry Schein reported its third-quarter financial results for 2014, announcing record revenues for the period.

For the third quarter (end-September 27), the company had net sales of $2.6 billion, an increase of 11.7% from the same period in 2013, and dental sales increased 9.7% to $1.3 billion, compared with the third quarter of 2013.

"Growth in net sales was the highest we have reported in more than three years, while internal sales growth in local currencies was at a seven-year high," CEO Stanley M. Bergman stated in a press release.

Net sales for the first nine months of 2014 were $7.7 billion, an increase of 9.0% compared with the first nine months of 2013. Net income for the nine-month period was $333.1 million, an increase of 7.8%, compared with adjusted net income for the first nine months of 2013.