Henry Schein (HSIC) Revenue — Quarter Ended Dec 30, 2023
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease marks a reversal from the growth seen in the prior two quarters.
Key takeaway
Quarter ended Dec 30, 2023 · FY2023 Q4
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease marks a reversal from the growth seen in the prior two quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
-4.6%
Change from the immediately preceding quarter.
Year-over-year
-10.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 1, 2023 | $3.1B | -3.7% |
| Jul 1, 2023 | $3.1B | +2.3% |
| Sep 30, 2023 | $3.2B | +3.1% |
| Dec 30, 2023 | $3B | -10.5% |
Revenue performance
The company's revenue decreased sequentially and also fell compared to the year-ago period.
Quarterly comparison
Revenue was lower both sequentially and compared to the prior year, with the year-over-year decline being more pronounced.
What to watch
The quarter's revenue decline reversed the growth trend of the preceding two quarters, a development to monitor.