Henry Schein reported increases in net sales and net income for the fourth quarter of 2021 and for the year.
For the quarter (end-December 25, 2021), the company reported net sales of $3.3 billion, an increase of 5% from $3.1 billion during the same period in 2020. Schein also reported a 3% increase in net income, rising to $152.1 million in the fourth quarter of 2021 from 147.3 million in the same quarter of 2020.
Year over year, Schein reported a 22% increase in net sales, rising from $10.1 billion in 2020 to $12.4 billion in 2021. The company reported a 57% increase in net income between 2020 and 2021. In 2021, net income was $660.5 million, compared with $419.4 million in 2020.
Additionally, Schein recorded $2 billion in global dental sales for the fourth quarter of 2021. Dental consumables rose by 10.3% in North America, the company said.
