Patterson Cos. (PDCO) Misses Q1 EPS by 6c; Reaffirms FY EPS
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Patterson Companies Reports Fiscal 2023 First Quarter Operating Results
September 1, 2022 7:00 AM EDTAchieved first quarter reported net sales of $1.5 billion. Drove gross margin expansion across both Dental and Animal Health segments. Delivered first quarter GAAP earnings of $0.25 per diluted share and adjusted earnings1 of $0.32 per diluted share. Returned $40.4 million to shareholders through dividends and share repurchases. Reaffirmed fiscal 2023 GAAP earnings guidance of $1.96 to $2.06 per diluted share and adjusted earnings1 guidance of $2.25 to $2.35 per diluted share.
ST. PAUL, Minn.--(BUSINESS WIRE)-- Patterson Companies, Inc. (Nasdaq: PDCO) today reported... More
