AddedRisk Factors
product recalls, product detentions, and/or cessation of sales) or an interruption
HSICHenry Schein
Henry Schein, Inc. is a solutions company for health care professionals powered by a network of people and technology. 10-K, Item 1
- Employees
- 25,000
- Headquarters
- Melville, NY
- CEO
- Stanley M. Bergman
- Next results
- around Feb 23, 2027
10-K 0001000228-26-000013 (2026-02-24) vs 10-K 0001000228-25-000014 (2025-02-25)
| Section | Compared text | Words now | Changed |
|---|---|---|---|
| Risk Factors | Item 1A | 2,429 | 22.3% |
| MD&A | Item 7 | 2,072 | 36.5% |
| Legal Proceedings | Item 3, via Note 17 – Commitments and Contingencies | 58 | not compared |
| Accounting Policies | Item 8, Note 1 – Basis of Presentation and Significant Accounting Policies | 279 | 19.2% |
The redline: what was cut and what was added
In each section, the paragraph that changed most, marked against last year's 10-K:
cut words struck through, new words highlighted and underlined.
Risk Factors 26 words changed in this paragraph; it is 32% similar to last year's version.
Source: Item 1A, 10-K 0001000228-26-000013 vs Item 1A, 10-K 0001000228-25-000014
MD&A 23 words changed in this paragraph; it is 30% similar to last year's version.
Source: Item 7, 10-K 0001000228-26-000013 vs Item 7, 10-K 0001000228-25-000014
Accounting Policies 13 words changed in this paragraph; it is 55% similar to last year's version.
We have significant operations or affiliates in the United States, Argentina, Australia, Austria, Belgium, Brazil, Germany, France, Canada, Chile, and Brazil.
Source: Item 8, Note 1 – Basis of Presentation and Significant Accounting Policies, 10-K 0001000228-26-000013 vs Item 8, Note 1 – Basis of Presentation and Significant Accounting Policies, 10-K 0001000228-25-000014
Every change, by type
Sentences and paragraphs of HSIC's Risk Factors and MD&A, 10-K 2026-02-24 against 10-K 2025-02-25. Each links to the text at sec.gov.
Quiet changes are sentences kept from last year with one to four words changed, at least one of them a hedge, a modal or a qualifier
(may, could, will, not, significant, material…). A year or date rolling forward is not counted.
The full word list
adverse, adversely, all, although, anticipate, anticipates, any, approximately, believe, believes, can, cannot, certain, could, expect, expects, generally, however, if, intend, intends, largely, likely, many, material, materially, may, might, most, must, never, no, not, possible, primarily, probable, should, significant, significantly, some, substantial, substantially, unlikely, will, would
AddedRisk Factors
In the event of any such interruption in supply, we would need to timely identify and obtain acceptable
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timely basis, if at all, and an extended interruption in supply, particularly of a high-sales volume and/or high-
AddedRisk Factors
margin product, could result in a significant disruption in our sales and operations,
AddedRisk Factors
into an amendment to the Partnership Agreement that increased the beneficial ownership
AddedRisk Factors
of the outstanding shares of the Company’s common stock that KKR is permitted to acquire during the
AddedRisk Factors
months following the later of the expiration of the term of the Partnership Agreement
AddedRisk Factors
exercise the Extension Election (as defined in the Partnership Agreement) whereby
AddedRisk Factors
Directors will renominate KKR’s designees, Max Lin and William K. “Dan” Daniel, to stand for election at the
AddedRisk Factors
Company’s 2026 annual meeting of stockholders for a term expiring at the Company’s 2027 annual meeting of
AddedRisk Factors
have relationships with the Company, or in competitors of such entities, which may create unintended conflicts
AddedRisk Factors
potential misdiagnosis or misinformation provided from AI applications, diminishing
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Additionally, where we are the manufacturer of certain dental specialty products we sell for our speciality business (
RewordedRisk Factors
We also are subject to the requirements of Directive No. (EU) 2022/2464 on corporate sustainability reporting (“CSRD”) which became
AddedMD&A
value creation initiatives; risks related to the Strategic Partnership Agreement
AddedMD&A
technologies that achieve market acceptance with acceptable margins; transitional
AddedMD&A
demands on our operations, information systems, legal, regulatory, compliance, financial and human resources
AddedMD&A
or other privacy or data security breaches (including the October 2023 incident);
AddedMD&A
(including, without limitation, competition from third-party online commerce sites)
AddedMD&A
energy pricing and the value of the U.S. dollar as compared to foreign currencies
AddedMD&A
limitation, the transition to a new Chief Executive Officer), employee hiring and retention,
AddedMD&A
will remain as our CEO through March 1, 2026, at which time Mr. Bergman will retire as CEO, but will remain as
AddedMD&A
With respect to the October 2023 cyber incident, we had a $60 million insurance policy, following a $5 million
AddedMD&A
to which, the current tariffs on trade with numerous countries will remain in place,
AddedMD&A
The tariffs did not have a material impact on our results of operations during fiscal
AddedMD&A
It is unclear whether, or the extent to which, the current tariffs on trade with
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RewordedMD&A
Includes branded and generic pharmaceuticals, home solutions products, vaccines, surgical products, diagnostic tests, infection-control products, X-ray infection-
RewordedMD&A
The increase in Global Technology gross profit is the result primarily of a higher gross profit from internally generated sales sales.
RewordedMD&A
We performed our annual quantitative testing for the remaining goodwill assessment, and the estimated fair value of each of our reporting
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