Henry Schein dental sales up in Q1

Henry Schein has reported higher net income and dental sales for its fiscal first quarter of 2017.

For the quarter (end-April 1), the company reported net income of $140.7 million, an increase of 23.7% compared with the same quarter of 2016. The first quarter of 2016 included pretax restructuring costs of $4.1 million, the company noted.

Net sales were $2.97 billion, an increase of 7.7% compared with the same quarter of last year, and dental sales increased 7.9% to $1.4 billion, according to the company. Henry Schein attributed part of the growth to North American dental consumable merchandise sales.