BOLD+1 Strategic Plan Success
Henry Schein exceeded their key goal of generating 40% of worldwide operating income from high-growth, high-margin businesses by 2024.
Strong Performance in Global Specialty Products
The Global Specialty Products Group demonstrated solid growth in dental implants, biomaterials, and endodontics.
U.S. Dental Equipment Sales Surge
U.S. dental equipment sales increased double digits, driven by both traditional and digital equipment.
Home Solutions Business Growth
The Home Solutions business performed well, growing 8% year-over-year, and increased its annual run rate to approximately $400 million.
Successful Cost Management
The company achieved a 260 basis point improvement in non-GAAP operating margin year-over-year, benefiting from restructuring initiatives.
Cash Flow Improvement
Operating cash flow for the full year in 2024 was $848 million, a $348 million increase from 2023.