Medical, dental, and veterinary supplier Henry Schein recorded impressive results for the fourth quarter—and for the year. For the quarter ended Dec. 29, the Melville, NY-based merchant’s sales rose 16.4%, to $1.71 billion, compared to $1.47 billion for the same period a year ago. Fourth-quarter net income increased 24.2%, to $78.3 million, up from $63.0 million.
The company’s numbers for the year were even better: Henry Schein’s sales for the year ended Dec. 29 increased 17.3%, to $5.92 billion, compared to $5.04 billion for the year-ago period. Its net income shot up 31%, to $215.1 million, up from $163.7 million last year.