Patterson Cos. (PDCO) Tops Q1 EPS by 10c, Revenues Beat
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Patterson Companies Reports Fiscal 2021 First-Quarter Operating Results
September 3, 2020 7:00 AM EDTDelivered first quarter GAAP earnings of $0.25 per diluted share; adjusted earnings1 were $0.33 per diluted share, an increase of 22 percent year-over-year. Increased adjusted operating margin1 by 40 bps year-over-year to 3.8 percent, due to aggressive cost savings measures, sequentially improving sales during the first quarter and operational execution. Dental and Animal Health segments recovering despite ongoing end market disruption due to COVID-19 as year-over-year sales performance improved each fiscal month throughout the first quarter.
ST. PAUL, Minn.--(BUSINESS WIRE)-- Patterson Companies, Inc. (Nasdaq: PDCO) today... More
