HSIC · 10-Q · 2026Q2 · Full report

Restructuring and Value Creation

HENRY SCHEIN INC · 2026-08-04 · Importance 55 · Surprise 66 · In source text

Henry Schein’s August 6, 2024 restructuring plan integrates acquisitions, right-sizes operations and increases efficiencies. The company expects the 2024 Plan to be completed by the end of 2027 and recorded restructuring charges of $29 million in the three months ended June 27, 2026, compared with $23 million in the prior-year quarter. Six-month charges were $41 million versus $48 million in the prior-year period, primarily for severance, facility exits and other exit costs. The company also recorded a $2 million loss on the disposal of businesses in the Global Specialty Products segment during the six months ended June 27, 2026.

Key facts

• Henry Schein expects the 2024 Plan to be completed by the end of 2027 and expects to record restructuring and related charges associated with the 2024 Plan through the end of 2027, but an estimate of the amount for 2026 through 2027 has not yet been determined. source
• During the three months ended June 27, 2026 Henry Schein recorded restructuring and related charges associated with the 2024 Plan of $29 million, compared to $23 million in the three months ended June 28, 2025. source
• During the six months ended June 27, 2026 Henry Schein recorded restructuring charges associated with the 2024 Plan of $41 million, compared to $48 million for the six months ended June 28, 2025. source
• During the quarter ended March 28, 2026 and six months ended June 27, 2026 Henry Schein recorded a loss of $2 million related to the disposal of businesses in the Global Specialty Products segment, included in the $41 million of restructuring charges. source

Impact estimates