Patterson Cos. (PDCO) Tops Q2 EPS by 25c, Revenues Beat
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Patterson Companies Reports Fiscal 2021 Second-Quarter Operating Results
December 2, 2020 7:00 AM ESTReported net sales increased 9.5 percent year-over-year to $1.55 billion, and internal sales increased 9.0 percent. Adjusted operating margin increased by 130 bps to 5.3 percent. Dental segment internal sales increased 12.1 percent driven by strong sales growth across consumables, equipment and value-added services. Animal Health segment internal sales increased 6.9 percent due to strong Companion Animal performance and growth in the Production Animal business. Delivered second-quarter GAAP earnings of $0.56 per diluted share and adjusted earnings1 of $0.63 per diluted share, an increase of 62 percent.
ST. PAUL, Minn.--(BUSINESS WIRE)-- Patterson... More
