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Patterson Companies Inc. - PDCO STOCK NEWS

Welcome to our dedicated news page for Patterson Companies (Ticker: PDCO), a resource for investors and traders seeking the latest updates and insights on Patterson Companies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Patterson Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Patterson Companies's position in the market.

News
Patterson Companies Board Approves New Share Repurchase Authorization and Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
Patterson Companies, Inc. announces a new share repurchase authorization of $500 million and a quarterly cash dividend of $0.26 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
buyback dividends
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News
Patterson Dental and Vyne Dental Join Forces to Expedite Insurance Claim Processing for Eaglesoft Customers and Dental Practices
Rhea-AI Summary
Patterson Dental partners with Vyne Dental to offer alternative insurance claims processing solution for Eaglesoft customers affected by a recent cyber incident. The collaboration aims to provide rapid resolution of insurance claims, real-time eligibility checks, and electronic remittance advice, with the first month offered free to customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
none
-
News
Patterson Companies Reports Fiscal 2024 Third Quarter Operating Results
Rhea-AI Summary
Patterson Companies, Inc. (PDCO) reported a 1.0% increase in net sales to $1.62 billion in the third quarter of fiscal 2024. The company delivered GAAP earnings of $0.52 per diluted share and adjusted earnings of $0.59 per diluted share. They returned $148.8 million to shareholders through dividends and share repurchases. Patterson revised its fiscal 2024 guidance to $1.99 to $2.04 per diluted share for GAAP earnings and $2.30 to $2.35 per diluted share for adjusted earnings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.28%
Tags
earnings
News
Patterson Companies Fiscal 2024 Third Quarter Conference Call Scheduled for Wednesday, February 28, 2024
Rhea-AI Summary
Patterson Companies (PDCO) to hold fiscal 2024 third-quarter call on February 28, 2024, with earnings release before market opens. Webcast and conference call details provided for interested parties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
earnings
-
News
Patterson Companies Elects Pamela Tomczik to Board of Directors
Rhea-AI Summary
Patterson Companies, Inc. (Nasdaq: PDCO) announced the election of Pamela Tomczik to its Board of Directors, effective February 2, 2024. Ms. Tomczik, currently Senior Vice President, Treasurer, and Corporate Development at Target Corporation, will serve on the Board's Audit and Finance Committee. The Board increased its size from nine to ten directors to accommodate her appointment. Ms. Tomczik's extensive experience in finance, treasury, and M&A functions will provide valuable strategic insights and enhance diversity of perspectives on the Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
management
-
News
Patterson Companies Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
Patterson Companies, Inc. (Nasdaq: PDCO) declares a quarterly cash dividend of $0.26 per share on December 5, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
dividends
News
Patterson Companies Reports Fiscal 2024 Second Quarter Operating Results
Rhea-AI Summary
Patterson Companies, Inc. (Nasdaq: PDCO) reported a 1.6% increase in net sales to $1.65 billion in the second quarter of fiscal 2024. The company delivered GAAP earnings of $0.42 per diluted share and adjusted earnings of $0.50 per diluted share. Patterson revised its fiscal 2024 GAAP earnings guidance to $2.04 to $2.14 per diluted share and adjusted earnings guidance of $2.35 to $2.45 per diluted share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.24%
Tags
earnings
-
News
Patterson Companies Fiscal 2024 Second Quarter Conference Call Scheduled for Wednesday, November 29, 2023
Rhea-AI Summary
Patterson Companies (PDCO) will hold its fiscal 2024 second-quarter call on November 29, 2023, at 7:30 a.m. CT. The earnings release will be issued that morning before the market opens. The live webcast and conference call replay details are available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
Tags
earnings
-
News
Patterson Dental Selects Pearl as New Integrated AI Provider
Rhea-AI Summary
Patterson Companies (Nasdaq: PDCO) partners with global dental AI leader Pearl to integrate Second Opinion® and Practice Intelligence® software solutions within Eaglesoft practice management software. The partnership aims to streamline operations, optimize efficiency, and maximize profitability for dental practices. Pearl's AI capabilities will be integrated within Eaglesoft, delivering advanced clinical AI capabilities to Patterson Dental customers across the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
AI
News
Wellfit Partners With Patterson Dental to Offer an Integrated Fintech Solution
Rhea-AI Summary
Wellfit Technologies, Inc. announces a strategic partnership with Patterson Dental to provide an integrated technology solution for patient financing, customizable dental plans, and payment processing. The solution, called CarePay+, will be offered to both new and existing Patterson Dental customers. CarePay+ will streamline financial processes and simplify the management of dental plans and payments, enhancing the overall dental care experience for practitioners and patients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
partnership
Stock PDCO logo
Patterson Companies Inc.

Nasdaq:PDCO

PDCO Rankings

#1758 Ranked by Market Cap
#1025 Ranked by Stock Gains
#844 Ranked by Dividends

PDCO Stock Data

2.28B
79.46M
11.37%
89.3%
3.08%
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
Wholesale Trade
Link
US
Saint Paul

About PDCO

patterson companies is an industry-leading specialty distributor serving the dental and veterinary supply markets. driven to meet the needs of healthcare professionals in these growing markets, patterson provides a total-package approach to doing business. dental market patterson dental provides a virtually complete range of consumable dental products, equipment and software, turnkey digital solutions and value-added services to dentists and dental laboratories throughout north america. veterinary market patterson veterinary supply and animal health international are leading distributors of consumable supplies, equipment and software, diagnostic products, vaccines and other pharmaceuticals to the companion pet, production animal, and farm/fleet store markets in the united states, canada and the united kingdom. visit our company website at www.pattersoncompanies.com/