Patterson Companies, Inc. Reports Earnings Results for the Fourth Quarter Ended April 24, 2021
June 23, 2021 at 07:00 am EDT
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Patterson Companies, Inc. announced earnings results for the fourth quarter ended April 24, 2021. For the fourth quarter, the company announced sales was USD 1,561.793 million compared to USD 1,286.461 million a year ago. Operating income was USD 37.348 million compared to operating loss of USD 614.463 million a year ago. Net income was USD 28.755 million compared to net loss of USD 608.586 million a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to basic loss per share from continuing operations of USD 6.44 a year ago. For the full year, sales was USD 5,912.066 million compared to USD 5,490.011 million a year ago. Operating income was USD 210.607 million compared to operating loss of USD 572.119 million a year ago. Net income was USD 155.981 million compared to net loss of USD 588.446 million a year ago. Basic earnings per share from continuing operations was USD 1.63 compared to basic loss per share from continuing operations of USD 6.25 a year ago. Diluted earnings per share from continuing operations was USD 1.61 compared to diluted loss per share from continuing operations of USD 6.25 a year ago.
Patterson Companies, Inc. is a value-added specialty distributor serving the United States and Canadian dental supply markets and the United States, Canadian and United Kingdom animal health supply markets. The Companyâs segments include Dental, Animal Health and Corporate. Dental segment provides a virtually complete range of consumable dental products, equipment and software, turnkey digital solutions and value-added services to dentists, dental laboratories, institutions, and other healthcare professionals throughout North America. Animal Health segment is a full-line distributor in North America and the United Kingdom. of animal health products, services, and technologies to both the production-animal and companion-pet markets. The Company provides relief services. It also provides pasteurizing equipment and single-use bags that allow dairy producers to produce, store and feed colostrum for newborn calves, as well as product offerings for beef cattle producers.
PATTERSON COMPANIES, INC. 
