Monday, November 13, 2023

Henry Schein Updates 2023 Guidance; Sales To Decline Primarily Due To Cybersecurity Incident

Henry Schein, Inc. (HSIC) updated guidance for full-year 2023, and now expects non-GAAP EPS of $4.43 to $4.71. This reflects: a narrowing of the previous guidance range for the underlying business to $5.18 to $5.26 from prior guidance of $5.18 to $5.35, reflecting softening macroeconomic conditions, and an estimated $0.55 to $0.75 per share business interruption impact of the recent cybersecurity incident.

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