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Patterson Cos. Q2 Profit Rises, Tops Estimates; Reaffirms FY23 Outlook

RTTNews | vor 1001 Tagen

Patterson Cos. Q2 Profit Rises, Tops Estimates; Reaffirms FY23 Outlook

(RTTNews) - Patterson Cos. Inc. (PDCO) reported Thursday that second-quarter net income attributable to the company grew to $54.07 million or $0.55 per share from $48.33 million or $0.49 per share in the prior-year quarter.

Excluding items, adjusted net income attributable to Patterson was $0.63 per share, compared to $0.58 per share in the year-ago quarter.

Consolidated net sales for the quarter declined 1.4 percent to $1.63 billion from $1.65 billion in the same quarter last year.

On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $0.57 per share on sales of $1.67 billion for the year. Analysts' estimates typically exclude special items.

Internal sales, which are adjusted for the effects of currency translation, increased 0.7 percent.

Looking ahead to fiscal 2023, the company continues to project earnings in a range of $1.96 to $2.06 per share and adjusted earnings in a range of $2.25 to $2.35 per share. The Street is looking for earnings of $2.26 per share for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

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Patterson Trims FY24 Outlook - Update

Patterson Trims FY24 Outlook - Update

While reporting financial results for the second quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) trimmed its earnings and adjusted earnings guidance for the full-year 2024.

RTTNews | vor 638 Tagen

Patterson Reaffirms FY24 Outlook - Update

Patterson Reaffirms FY24 Outlook - Update

While reporting financial results for the first quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) reaffirmed its earnings and adjusted earnings guidance for the full-year 2024.

RTTNews | vor 729 Tagen

Patterson Cos. Confirms Kevin Barry As CFO; Promotes Kevin Pohlman To COO

Patterson Cos. Confirms Kevin Barry As CFO; Promotes Kevin Pohlman To COO

Patterson Companies, Inc. (PDCO) announced Thursday enhancements to its executive leadership team to further support the execution of its strategy. Kevin Barry, most recently the Company's Interim Chief Financial Officer, has been named Chief Financial Officer, and Kevin Pohlman, most recently President of Patterson Animal Health, has been named Chief Operating Officer.

RTTNews | vor 987 Tagen

Patterson Cos. Promotes CFO Don Zurbay To Replace Mark Walchirk As President And CEO

Patterson Cos. Promotes CFO Don Zurbay To Replace Mark Walchirk As President And CEO

Patterson Companies, Inc. (PDCO) announced that its Board of Directors has appointed Don Zurbay, most recently Chief Financial Officer, as President and Chief Executive Officer. Zurbay has also been elected to the Board.

RTTNews | vor 1050 Tagen

Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.

RTTNews | vor 14 Minuten

Japan Retail Sales Add 0.3% In July

Japan Retail Sales Add 0.3% In July

The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.

RTTNews | vor 41 Minuten

Singapore Stock Market May Add To Its Winnings On Friday

Singapore Stock Market May Add To Its Winnings On Friday

The Singapore stock market has finished higher in consecutive trading days, gathering more than 10 points or 0.25 percent in that span. The Straits Times Index now sits just above the 4,250-point plateau see additional support on Friday.

RTTNews | vor 44 Minuten

Japan Industrial Output Sinks 1.6% In July

Japan Industrial Output Sinks 1.6% In July

Industrial production in Japan was down a seasonally adjusted1.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.

RTTNews | vor 46 Minuten

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