Henry Schein reports spike in sales, income in Q4, 2021

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.