Patterson Cos. (PDCO) Tops Q4 EPS by 16c, Offers Guidance
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Patterson Companies Reports Fiscal 2022 Fourth Quarter and Year End Operating Results
June 29, 2022 7:00 AM EDTFourth quarter reported net sales increased 4.9 percent; fiscal 2022 reported net sales of $6.5 billion increased 9.9 percent. Drove adjusted operating margin expansion during the fourth quarter and fiscal 2022 across both Dental and Animal Health segments. Returned $136.1 million to shareholders in fiscal 2022 through dividends and share repurchases. Achieved fourth quarter GAAP earnings of $0.65 per diluted share; delivered adjusted earnings1 of $0.71 per diluted share. Achieved fiscal 2022 GAAP earnings of $2.06 per diluted share; delivered adjusted earnings1 of $2.27 per diluted share. Issues fiscal 2023 GAAP earnings guidance of $1.96 to $2.06 per... More
