Reporting on its performance for the first quarter of 2010 (end-March 27), Henry Schein said it had posted an increase in dental equipment sales for the first time in more than a year.
Overall dental sales in North America increased 1.8% in constant currency in the first quarter of this year versus the same quarter last year, reaching $614.6 million. Including currency fluctuation, the increase was 3.5%.
The increase in dental sales was part of a 14.6% constant currency increase in the company's overall net sales, which reached $1.8 billion.
The 1.8% growth in dental sales included 2.0% growth in consumable merchandise sales and 0.8% growth in dental equipment sales and service revenues.
"Growth in dental consumable merchandise sales compared with last year as well as the preceding quarter gives us further confidence that the market will continue to show gradual improvement for the rest of the year," said Stanley M. Bergman, chairman and CEO, in a press release. "In addition, we are pleased to report positive sales growth in dental equipment for the first time in more than a year, which is another positive market indicator."
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