Similarly, statements that describe the proposed Internal sales decreased 27.2 percent compared to the fiscal 2019 fourth quarter. Internal sales decreased 0.8 percent compared to the fiscal 2019 fourth quarter. Patterson Companies, Inc. (Nasdaq: PDCO ), today announced that it will hold its fiscal 2016 fourth-quarter conference call on Thursday, May 26 at 9 a.m. CT ( 10 a.m. Patterson’s Animal Health segment is a leading distributor of products, services and technologies to both the production and companion animal health markets in North America and the U.K. "Patterson Companies Reports Fiscal 2020 Fourth-Quarter and Year-End Operating Results The dividend will be payable on, or about, July 31, 2020, to shareholders of record as of the close of business on July 17, 2020. Reported net sales in our Dental segment for the fourth quarter of fiscal 2020, which represented approximately 32 percent of total company sales, were $409.6 million compared to $563.5 million in the fourth quarter of last year. The Board of Directors of Patterson Companies, Inc. (Nasdaq: PDCO), today declared a quarterly cash dividend of $0.26 per share. Investors can listen to a live webcast of the conference call at "Patterson Companies Completes Acquisition of Animal Health International ET ). The company's earnings release will be issued that morning before the market opens.
identified by words such as "believes," "expects," "anticipates," To sign up for email alerts, enter your email address below and click "submit. Patterson Companies, Inc. (Nasdaq: PDCO) is a value-added distributor serving the dental and animal health markets.
Our successful efforts to strengthen Patterson throughout fiscal 2020, demonstrated by our accelerating performance and earnings growth, have positioned us well to navigate this near-term disruption and emerge as a stronger Patterson.” I am especially proud of the way our Patterson team has responded during this crisis, maintaining their focus on our customers and reinforcing our value proposition to the businesses we serve. Press Releases. “The strategies we executed during fiscal … Research Reports. Reported net loss attributable to Patterson Companies, Inc. was $588.4 million, or $6.25 per diluted share, compared to reported net income attributable to Patterson Companies, Inc. of $83.6 million, or $0.89 per diluted share in fiscal 2019. and other expectations with respect to Animal Health's business and With Patterson's Veterinary business now double its previous size, the company is focused on serving customers in the U.S., … Net (loss) income attributable to Patterson Companies, Inc. Reported net sales in our Animal Health segment for the fourth quarter of fiscal 2020, which comprised approximately 66 percent of the Company’s total sales, were $853.2 million compared to $866.4 million in the fourth quarter of last year. The order in which these factors appear should not be construed to indicate their relative importance or priority. The company believes the disclosure of net sales changes in constant currency provides useful supplementary information to investors in light of significant fluctuations in currency rates. operations and financial condition of the combined companies or the The previous year period contained a trade accounts receivable facility amount of $171.0 million and the current period contained a trade accounts receivable facility amount of $29.0 million. PDF Format (opens in new window) PDF 515 KB. Patterson took immediate actions in response to COVID-19 to protect employee health and safety, ensure business continuity for our customers and help to reduce the spread of the virus in our communities. “Our strong business momentum from the first three quarters of fiscal 2020 continued to build during the first two months of our fiscal fourth quarter, helping to deliver fourth quarter adjusted earnings growth of 16.2 percent compared to the same period last year.
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"foresees," "forecasts," "estimates" or other words or phrases of Patterson’s Animal Health segment is a leading distributor of products, services and technologies to both the production and companion animal health markets in North America and the U.K. The dividend will be payable on, or about, April 24, 2020, to shareholders of record as of the close of business on April 10, 2020. Our comprehensive portfolio, distribution network and supply chain are equaled only by our focused and passionate people. The year-over-year decline was primarily attributable to a pre-tax $675.1 million goodwill impairment charge related to our Animal Health segment. realize additional opportunities for growth; and the other risks and Patterson Companies, Inc. (Nasdaq: PDCO ) today announced that the company will present at the following conferences in June 2016 : June 1 — Stifel 2016 Dental & Veterinary Conference in New York at 1:50 p.m. For the full fiscal year, Patterson has returned $100.4 million in cash dividends to shareholders. Foreign currency impact represents the difference in results that is attributable to fluctuations in currency exchange rates the company uses to convert results for all foreign entities where the functional currency is not the U.S. dollar.
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: Press releases; Investor Relations opens in a new window. Free cash flow We caution that these factors may not be exhaustive, accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Patterson’s fiscal 2020 results reflect the sales, profitability and cash flow improvements the Company achieved throughout the first 11 months of its fiscal year, which enabled Patterson to deliver year-over-year adjusted earnings growth despite the end market disruption caused by COVID-19 starting in late-March and April. Designed to centralize and streamline data across dental practices. benefits of the transaction, including its financial impact, and other ability to control. ** May not sum due to rounding and difference in weighted average shares used to calculate diluted (loss) earnings per share. Size of Veterinary Business Doubles Patterson Companies, Inc. (Nasdaq:PDCO) today announced that it has successfully completed the previously announced acquisition of Animal Health International, Inc., a leading production animal health distribution company in the United States.
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