secwatch.observer — SEC 8-K summary
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Issuer:     HENRY SCHEIN INC (HSIC)
CIK:        0001000228
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001000228-24-000062
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Henry Schein Q3 GAAP EPS $0.78, non-GAAP $1.22; raises FY2024 non-GAAP EPS guidance to $4.74-$4.82
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- Total net sales $3.2B, up 0.4% YoY; internal sales down 2.6% reflecting cyber incident recovery and lower PPE sales.
- Non-GAAP diluted EPS $1.22 vs $1.32 YoY; GAAP diluted EPS $0.78 vs $1.05 YoY.
- Operating cash flow $151M in Q3; year-to-date $644M, up $112M vs 2023.
- Raised FY2024 non-GAAP EPS guidance to $4.74-$4.82 (from $4.70-$4.82) and reaffirmed low-double-digit Adjusted EBITDA growth.
- Recorded $48M restructuring costs in Q3; new 2024/2025 plan targeting $75-$100M annual run-rate savings by end of 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000228/000100022824000062/0001000228-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000228/000100022824000062/hsic-20241105.htm
  HTML page:      https://secwatch.observer/filing/0001000228-24-000062

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