Henry Schein, Inc. reported first-quarter 2025 financial results, with total net sales of $3.168 billion, a slight decrease of 0.1% compared to the first quarter of 2024. The company's non-GAAP diluted EPS for the quarter was $1.15, surpassing analyst estimates of $1.11 and up from $1.10 in the prior year.
Despite the flat sales, Henry Schein maintained its financial guidance for the full year 2025, expecting non-GAAP diluted EPS to be in the range of $4.80 to $4.94, reflecting 1% to 4% growth. Total sales growth is still projected at approximately 2% to 4% over 2024, with adjusted EBITDA expected to increase mid-single digits.
The company recorded $25 million in restructuring costs during the quarter and anticipates achieving annual run-rate savings at the high end of its $75 million to $100 million goal by the end of 2025. Henry Schein also repurchased approximately 2.3 million shares for a total of $161 million in the first quarter.
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