Financial Reports: Schein, iParty

Good fiscal news from two disparate marketers: Professional healthcare supplies giant Henry Schein (Nasdaq: HSIC) reported a 7% rise in second-quarter net sales, to $606.3 million from $568.6 million last year. As for net income, the Melville, NY-based cataloger’s bottom line swelled 23%, to $20.9 million for the three months ended June 30, compared with adjusted net income of $17.0 million for the second quarter of last year. Broken down by segment, dental sales increased 4%, to $276.5 million; medical group sales climbed 16%, to $202.4 million; and veterinary sales declined 6%, to $13.4 million.

And Boston-based multichannel party supplies marketer iParty Corp. (AMEX: IPT) reported second-quarter consolidated revenue of $12.3 million, up from just $260,000 a year ago. The company’s retail stores, which it bought last year from The Big Party Corp., accounted for the huge increase. Revenue from the online division was $243,000. Even more encouraging is that iParty hacked away at its net loss, bringing it down from $5.1 million last year to a consolidated net loss of $170,000.

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