Patterson Cos. (PDCO) Tops Q3 EPS by 7c, Revenues Beat
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Patterson Companies Reports Fiscal 2021 Third-Quarter Operating Results
March 3, 2021 7:00 AM ESTReported net sales increased 6.5 percent year-over-year to $1.55 billion, and internal sales increased 6.9 percent. Adjusted operating margin increased by 30 bps to 4.6 percent. Dental segment internal sales increased 3.6 percent fueled by consumables growth of 13.6 percent. Animal Health segment internal sales increased 10.0 percent driven by companion animal growth of 20.7 percent. Delivered third-quarter GAAP earnings of $0.50 per diluted share and adjusted earnings1 of $0.58 per diluted share, an increase of 23.4 percent.
ST. PAUL, Minn.--(BUSINESS WIRE)-- Patterson Companies, Inc. (Nasdaq: PDCO) today... More
