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Patterson Cos. (PDCO) Reports In-Line Q1 EPS; Reiterates Outlook

Go back to Patterson Cos. (PDCO) Reports In-Line Q1 EPS; Reiterates Outlook

Patterson Companies Reports Fiscal 2017 First-Quarter Operating Results

August 25, 2016 7:00 AM EDT

Reported net sales totaled $1.3 billion, up 16.6 percent. Sales grew 23.3 percent in constant currency and adjusting for the extra week in the prior-year period. GAAP earnings from continuing operations doubled to $0.40 per diluted share. Non-GAAP adjusted earnings from continuing operations1 rose 8.5 percent to $0.51 per diluted share. Company reiterates fiscal 2017 guidance for adjusted earnings from continuing operations of $2.60 to $2.70 per diluted share.

ST. PAUL, Minn.--(BUSINESS WIRE)-- Patterson Companies, Inc. (Nasdaq: PDCO) today reported consolidated... More