Patterson Companies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended October 30, 2021
December 01, 2021 at 07:00 am EST
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Patterson Companies, Inc. reported earnings results for the second quarter and six months ended October 30, 2021. For the second quarter, the company reported sales was USD 1,649.16 million compared to USD 1,553.17 million a year ago. Net income was USD 48.33 million compared to USD 54.06 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 0.57 a year ago. Diluted earnings per share from continuing operations was USD 0.49 compared to USD 0.56 a year ago.
For the six months, sales was USD 3,264.04 million compared to USD 2,799.01 million a year ago. Net income was USD 82.33 million compared to USD 78.47 million a year ago. Basic earnings per share from continuing operations was USD 0.85 compared to USD 0.82 a year ago. Diluted earnings per share from continuing operations was USD 0.84 compared to USD 0.82 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. 
