Henry Schein Ranks #303 In 2012 FORTUNE 500® Ranking Of America's Largest Corporations
Company climbs 184 places since the Company's debut on the FORTUNE list in 2004
MELVILLE, N.Y., May 7, 2012 /PRNewswire/ -- Henry Schein, Inc. (NASDAQ: HSIC), the world's largest provider of health care products and services to office-based dental, medical and animal health practitioners, has been ranked number 303 in the 2012 FORTUNE 500® ranking of America's Largest Corporations. With net sales of $8.5 billion in 2011, Henry Schein climbs 184 places since the Company's debut on the FORTUNE list in 2004 at number 487.
"We are very pleased by this recognition of our ability to record steady growth even during challenging economic times," said Stanley M. Bergman, Chairman and Chief Executive Officer of Henry Schein, Inc. "Our success has been the result of our nearly 15,000 Team Schein Members worldwide executing a clear strategic plan, and providing our dental, medical and animal health customers with the products and services needed to operate efficient practices and deliver quality care to patients. Our Company's climb up the FORTUNE rankings also has been fueled by solid global markets. Aging, affluent baby boomers recognize the importance of wellness and prevention, as well as the connection between oral health and overall health, and there is an increasing commitment to taking care of pets. We remain committed to growing our Company through a strategic plan to exceed $10 billion in revenue by 2015."
In addition to the Company's 2012 FORTUNE ranking, Henry Schein also ranked number one overall in the "Wholesalers: Health Care" industry in FORTUNE's 2012 list of the "World's Most Admired Companies." Henry Schein earned the highest overall ranking in its industry, "Wholesalers: Health Care." The Company repeated its first-place ranking from 2011 in the categories of Social Responsibility and Global Competitiveness, and ranked first in the categories of Quality of Management, Quality of Products/Services and Long-Term Investment. Henry Schein ranked second among other industry companies in the four remaining categories (Innovation, People Management, Use of Corporate Assets and Financial Soundness).
FORTUNE 500 companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated and operate in the U.S. and file financial statements with a government agency.
About Henry Schein, Inc.
Henry Schein, Inc. (NASDAQ: HSIC) is the world's largest provider of health care products and services to office-based dental, medical and animal health practitioners. The Company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. A FORTUNE 500® Company and a member of the NASDAQ 100® Index, Henry Schein employs nearly 15,000 Team Schein Members and serves approximately 775,000 customers.
The Company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high-quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 90,000 national and Henry Schein private-brand products in stock, as well as more than 100,000 additional products available as special-order items. The Company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services.
Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 25 countries. The Company's sales reached a record $8.5 billion in 2011, and have grown at a compound annual rate of 18% since Henry Schein became a public company in 1995. For more information, visit the Henry Schein Web site at www.henryschein.com.
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