Henry Schein increases income, dental sales in Q3

Henry Schein has reported higher net income and dental sales for its fiscal third quarter of 2017, despite being negatively impacted by hurricanes.

For the quarter (end-September 30), the company reported a net income of $138 million, an increase of 3.2% compared with the third quarter of 2016. Net sales were $3.2 billion, an increase of 10.3% compared with the same quarter of last year.

Dental sales increased 11.1% from the same quarter of last year to $1.5 billion. The dental consumables and equipment markets were negatively impacted by hurricanes and by the loss of a large dental service organization contract, the company noted. Henry Schein was one of several companies that offered relief for practices affected by Hurricanes Harvey and Irma.