Henry Schein ranks 303rd in 2012 FORTUNE 500 ranking of America's largest corporations
Henry Schein, Inc. 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."
RELATED INFORMATION from DentistryIQ.com on Henry Schein
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.