Strong Specialty Products and Technology Group Performance
Achieved over 45% of non-GAAP operating income from high-growth, high-margin businesses, with a goal to exceed 50%. Specialty Products and Technology groups delivered strong results driven by sales growth and profitability.
Successful Launch of New Global E-commerce Platform
After launching the e-commerce platform in the U.K. and Ireland, Henry Schein began a phased launch in North America, expected to continue into the fourth quarter.
U.S. Medical Business Growth
Sales grew mid-single digits, with strong growth in medical products and pharmaceuticals, partially due to new accounts and the Home Solutions business.
Positive Trends in July Sales
Strong merchandise sales in July, leading to optimism about future results.
Digital Equipment and Practice Management Software Growth
Digital equipment volumes grew well, and Practice Management Software saw mid double-digit growth driven by a 20% year-over-year increase of cloud-based customers.