secwatch.observer — SEC 8-K summary
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Issuer:     HENRY SCHEIN INC (HSIC)
CIK:        0001000228
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001000228-23-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Henry Schein Q4 non-GAAP EPS $1.21 beats year-ago $1.07; guides FY23 $5.25-$5.42
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- Q4 net sales $3.4B, +1.2% as reported; internal sales ex-PPE/COVID test kits +5.0% in local currencies.
- GAAP diluted EPS $0.34 (incl. $121M restructuring, $34M impairment) vs $1.05 prior year; non-GAAP $1.21 vs $1.07.
- Full-year 2022 non-GAAP EPS $4.81, up from $4.51; FY23 guidance $5.25-$5.42, excluding amortization.
- Board authorized additional $400M stock repurchase; Q4 bought ~3.6M shares for $285M at avg $79.55.
- Expects FY23 sales growth ~1-3%, PPE/COVID test kit sales to decline ~30-35%; operating margin ~10-15 bps below 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000228/000100022823000006/0001000228-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000228/000100022823000006/hsic-20230216.htm
  HTML page:      https://secwatch.observer/filing/0001000228-23-000006

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