Henry Schein (HSIC) Revenue — Quarter Ended Mar 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. This marks a continuation of growth following a decline in the preceding quarter.
Key takeaway
Quarter ended Mar 30, 2024 · FY2024 Q1
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. This marks a continuation of growth following a decline in the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.2B
Revenue reported for this quarter.
Quarter-over-quarter
+5.1%
Change from the immediately preceding quarter.
Year-over-year
+3.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.5B
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 |
|---|---|---|
| Jul 1, 2023 | $3.1B | +2.3% |
| Sep 30, 2023 | $3.2B | +3.1% |
| Dec 30, 2023 | $3B | -10.5% |
| Mar 30, 2024 | $3.2B | +3.7% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, reversing the prior period’s decrease.
Quarterly comparison
Revenue was also higher compared with the same quarter one year earlier, reflecting ongoing year-over-year expansion.
What to watch
The filing context notes that sales have historically been stronger in the second half of the year, so the first-quarter performance may not indicate full-year momentum.