Henry Schein Q1 2025: SOFR Rate at 0.01%
Ticker: HSIC · Form: 10-Q · Filed: 2025-05-05T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, SOFR
Related Tickers: HSIC
TL;DR
Henry Schein Q1 2025: SOFR rate at 0.01%, watch interest rate exposure.
AI Summary
Henry Schein Inc. reported its first quarter 2025 results, ending March 29, 2025. The company's filing indicates a significant increase in its Secured Overnight Financing Rate (SOFR) related financial instruments, with a member rate of 0.01% for the period. This filing also references historical data from December 31, 2023, and March 30, 2024, for comparative financial analysis.
Why It Matters
This filing provides insight into Henry Schein's short-term financing costs and exposure to interest rate fluctuations, which can impact profitability.
Risk Assessment
Risk Level: low — The filing primarily contains financial reporting details and does not indicate significant operational or financial distress.
Key Numbers
- 0.01% — SOFR Rate (Secured Overnight Financing Rate member rate for Q1 2025, indicating low short-term borrowing costs.)
- 20250329 — Reporting Period End Date (Marks the conclusion of the first quarter of 2025 for financial reporting.)
Key Players & Entities
- Henry Schein Inc. (company) — Filer of the 10-Q report
- 0.01% (dollar_amount) — Secured Overnight Financing Rate (SOFR) member rate for Q1 2025
- 20250329 (date) — End date of the reporting period
- 135 Duryea Rd, Melville, NY 11747 (location) — Business and mailing address of Henry Schein Inc.
FAQ
What is the Secured Overnight Financing Rate (SOFR) member rate reported for the first quarter of 2025?
The SOFR member rate reported for the first quarter of 2025, ending March 29, 2025, is 0.01%.
What is the fiscal year end for Henry Schein Inc.?
Henry Schein Inc.'s fiscal year ends on December 27.
What is the primary business of Henry Schein Inc. according to the SIC code?
Henry Schein Inc. is classified under SIC code 5047, which is Wholesale - Medical, Dental & Hospital Equipment & Supplies.
When was the company formerly known as Schein Henry Inc.?
The company was formerly known as Schein Henry Inc. and the date of the name change was September 7, 1995.
What are the comparative dates mentioned for financial reporting?
The filing references comparative financial data for December 31, 2023, March 30, 2024, December 28, 2024, December 29, 2024, and March 29, 2025.
From the Filing
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