Medical and dental supplier Henry Schein (NasdaqNM: HSIC) continues to ride a wave of prosperity. For the quarter ended June 28, net sales at the Melville, NY-based behemoth were $776.2 million, up 16% from $671.4 million for the second quarter of 2002. What’s more, net income for the quarter increased 17%, to $32.9 million from $28.0 million last year.
Dental sales increased more than 8%, while medical sales increased 17%. International sales improved 32%. During the quarter, Schein acquired German distributer Hager Dental and medical gloves manufacturer/marketer Colonial Surgical.