HSIC · 10-Q · 2026Q3 · Full report

Restructuring and Value Creation

HENRY SCHEIN INC · 2026-11-03 · Importance 49 · Surprise 66 · Matches filing data

Henry Schein’s August 6, 2024 restructuring plan is intended to integrate acquisitions, right-size operations and increase efficiencies, with completion expected by the end of 2027. The company recorded plan charges of $22 million in the third quarter of 2026, down from $34 million in the prior-year quarter, and $63 million for the first nine months, down from $82 million. Charges primarily covered severance and employee-related costs, facility exits and other exit costs; the company had not yet determined estimated charges for 2026–2027. The nine-month 2026 charges included a $2 million loss on disposal of businesses in Global Specialty Products.

Key facts

• Henry Schein recorded 2024 Plan restructuring charges of $63 million for the nine months ended September 26, 2026, compared with $82 million for the prior-year period. source
• Henry Schein recorded 2024 Plan restructuring and related charges of $22 million in the three months ended September 26, 2026, compared with $34 million in the three months ended September 27, 2025. source
• Henry Schein committed to its 2024 restructuring plan on August 6, 2024, to integrate acquisitions, right-size operations, and increase efficiencies; the plan is expected to be completed by the end of 2027. source
• Henry Schein expected to record 2024 Plan restructuring charges through the end of 2027, but had not yet determined the estimated amount for 2026 through 2027. source
• During the nine months ended September 26, 2026, Henry Schein recorded a $2 million loss related to disposal of businesses in Global Specialty Products as part of the 2024 Plan. source

Impact estimates