Patterson Trims 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.

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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.

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

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.

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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.

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Major European Markets Close Slightly Higher

Despite uncertainty surrounding Trump administration's tariff plans, The major European markets mostly closed higher on Friday. Trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month, but investors picked up stocks amid expectations of an interest rate cut by the European Central Bank.

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