Henry Schein cuts executive pay, suspends stock buybacks and withdraws guidance [MarketWatch]
Henry Schein, Inc. (HSIC)
Last henry schein, inc. earnings: 2/20 07:00 am
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Source: MarketWatch
Henry Schein Inc. said it was withdrawing its financial guidance provided in February, citing the growing impact of the coronavirus pandemic on its business. The health care products and services company said it was temporarily cutting salaries of its senior executives, with Chief Executive Stanley Bergman agreeing to a 100% reduction in his base salary from April 6 through June 30. The chief financial officer and the other three most highly paid executives will have salaries reduced by 50%, while management at the director level through senior vice president will have salaries reduced from 10% to 25%. The company said other measures taken to preserve cahs include the suspension of its share repurchase program. The stock, whch gained 1.4% in premarket trading, has lost 31.1% over the past three months through Friday, while the S&P 500 has declined 23.3%.
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HSIC
News
- Henry Schein (NASDAQ:HSIC) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Henry Schein Can Make Your Portfolio Smile [Seeking Alpha]Seeking Alpha
- Henry Schein Expands Partnership with vVARDIS [Yahoo! Finance]Yahoo! Finance
- Henry Schein Expands Partnership with vVARDISBusiness Wire
- Henry Schein (NASDAQ:HSIC) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
HSIC
Earnings
- 11/4/25 - Beat
HSIC
Sec Filings
- 12/3/25 - Form SCHEDULE
- 11/26/25 - Form 4
- 11/21/25 - Form 4
- HSIC's page on the SEC website