Patterson Cos. (PDCO) Tops Q1 EPS by 6c
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Patterson Companies Reports Fiscal 2022 First-Quarter Operating Results
September 2, 2021 7:00 AM EDTReported net sales increased 29.6 percent year-over-year to $1.61 billion, and internal sales increased 21.1 percent. Dental segment internal sales increased 29.7 percent year-over-year and increased 11.6 percent compared to the pre-pandemic period of the first quarter of fiscal 2020. Animal Health segment internal sales increased 16.5 percent year-over-year and increased 16.2 percent compared to the pre-pandemic period of the first quarter of fiscal 2020. Delivered first-quarter GAAP earnings of $0.35 per diluted share and adjusted earnings1 of $0.43 per diluted share, an increase of 30 percent over prior year. Updates fiscal 2022 GAAP earnings guidance range to $1.64 to $1.74... More
