Henry Schein Celebrates 14 Years as One of America's Largest Corporations
MELVILLE, N.Y., June 7, 2017/PRNewswire/ -- Henry Schein, Inc., (Nasdaq: HSIC) the world's largest provider of health care products and services to office-based dental, animal health, and medical practitioners, announced today that it has risen to #243 in the FORTUNE 500® ranking, celebrating its 14th year as one of America's largest corporations. The company was ranked #268 in last year's edition of the FORTUNE 500®.
Henry Schein had net sales in 2016 of $11.6 billion, up from$4.1 billion in 2004 when it first debuted on the FORTUNE 500 at #487. Since Henry Schein became a public company in 1995, the company's sales have grown at a compound annual rate of 15 percent.
The FORTUNE 500 list is an annual ranking of America's largest corporations based on total revenues for their respective fiscal years. Included in the surveys are companies that are incorporated and operate in the U.S., and file financial statements with a government agency. To view the FORTUNE 500 list, visit http://fortune.com/fortune500/.
"For 85 years, we at Henry Schein have been driven by our mission to help health care professionals build better practices for the ultimate benefit of their patients, while also serving the needs of the communities in which we work," saidStanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. "Our consistent climb up the FORTUNE 500 list is a testament to the more than 21,000 Team Schein Members who fulfill that mission every day, and only serves to motivate us further as we continue to seek out new opportunities to better serve our customers, supplier partners, investors, and society at large."
About Henry Schein, Inc.
Henry Schein, Inc. (Nasdaq: HSIC) is the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners. The company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. A Fortune 500® Company and a member of the S&P 500® and the Nasdaq 100® indexes, Henry Schein employs more than 21,000 Team Schein Members and serves more than 1 million customers.
The company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high-quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 120,000 branded products and Henry Schein private-brand products in stock, as well as more than 180,000 additional products available as special-order items. The company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services.
Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 32 countries. The company's sales reached a record $11.6 billionin 2016, and have grown at a compound annual rate of approximately 15 percent since Henry Schein became a public company in 1995. For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein and @HenrySchein on Twitter.