Patterson Cos. (PDCO) Tops Q2 EPS by 8c, Offers Guidance

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Patterson Companies Reports Fiscal 2022 Second-Quarter Operating Results

December 1, 2021 7:00 AM EST

Reported net sales increased 6.2 percent year-over-year to $1.65 billion, and internal sales increased 8.3 percent. Dental segment internal sales decreased 2.0 percent year-over-year and increased 9.8 percent compared to the pre-pandemic period of the second quarter of fiscal 2020. Animal Health segment internal sales increased 16.2 percent year-over-year and increased 24.3 percent compared to the pre-pandemic period of the second quarter of fiscal 2020. Delivered second-quarter GAAP earnings of $0.49 per diluted share and adjusted earnings1 of $0.58 per diluted share. Increased fiscal 2022 GAAP earnings guidance range to $1.69 to $1.79 per diluted share and adjusted... More