Schein Nets Top- , Bottom-Line Gains

Melville, NY-based medical, dental, and veterinary products marketer Henry Schein (NasdaqNM: HSIC) continues to churn out double-digit gains. First-quarter sales increased 20%, to $886.6 million for the three months ended March 27. Net income increased 15%, to $28.4 million. Schein credits recent acquisitions such as Hager Dental as the catalyst for growth. 

Dental sales increased 14%, while medical sales increased 23%. International sales improved 31%, and technology and value-added services revenue grew 12%.