Welcome to our dedicated page for Patterson Cos news (Ticker: PDCO), a resource for investors and traders seeking the latest updates and insights on Patterson Cos stock.
Patterson Companies, Inc. (Nasdaq: PDCO) is a specialty distributor focused on the dental and animal health markets, connecting customers in North America and the U.K. to products, technologies, services and business solutions. The PDCO news feed highlights company announcements, financial updates and corporate developments that shape the outlook for this health care distributor.
News about Patterson Companies includes earnings releases that discuss segment performance in dental and animal health, internal sales trends and value-added services. These updates provide detail on how the dental and animal health segments are performing and how factors such as market conditions or external events affect the business. Company communications also cover strategic reviews, guidance updates and capital allocation decisions.
Corporate transaction news is a key theme for PDCO. Patterson has announced a definitive agreement to be acquired by Patient Square Capital, and subsequent updates describe the progress of this transaction, including the expiration of a go-shop period and shareholder approval of the acquisition. Index provider announcements also note that Patterson will be removed from the S&P SmallCap 600 index in connection with this transaction.
The PDCO news stream features information on strategic relationships and technology initiatives, such as Patterson Dental’s extended relationship with PDS Health and integrations between Patterson Dental’s practice management software and third-party platforms. For investors and observers following Patterson Companies, this news page brings together developments on its operations, financial performance and the planned transition from a public company to private ownership under Patient Square Capital.
Patterson Companies, Inc. (Nasdaq: PDCO) will participate in the Piper Sandler Virtual Dental Investor Day on March 29, 2022, at 2:00 pm ET. Interested investors can hear the presentation live via webcast at this link. A replay will be available for 90 days post-event. Patterson Companies connects dental and animal health customers in North America and the U.K. with essential products and services to achieve professional success.
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Patterson Companies (Nasdaq: PDCO) reported a 2.9% year-over-year increase in consolidated net sales, totaling $1.6 billion for the fiscal third quarter ended January 29, 2022. Adjusted operating margins improved in both the Dental and Animal Health segments. GAAP earnings per diluted share rose to $0.58, with adjusted earnings of $0.55. The company raised fiscal 2022 GAAP earnings guidance to $1.86 to $1.91 per diluted share, reflecting positive business momentum.
Patterson Companies (NASDAQ: PDCO) will hold its fiscal 2022 third-quarter earnings conference call on March 2, 2022, at 7:30 a.m. CT. The earnings release will be distributed before the market opens that day. Investors can access the live webcast on the company's website. A replay will be available from 10 a.m. CT on the same day until 10 p.m. CT on March 9, 2022. Patterson Companies connects dental and animal health customers in North America and the U.K. with innovative products and services.
Patterson Companies Inc. (Nasdaq: PDCO) will present virtually at the 2022 J.P. Morgan Healthcare Conference on January 12, 2022, at 9:00 a.m. Eastern time. This conference gathers leaders from the healthcare industry and investment community to discuss emerging trends and fast-growth companies. Following the presentation, attendees can download the presentation from pattersoncompanies.com under the Investor Relations section. Patterson Companies is a distributor focused on dental and animal health markets, providing innovative solutions across North America and the U.K.
On December 14, 2021, Patterson Companies (NASDAQ: PDCO) announced a quarterly cash dividend of $0.26 per share, set to be paid on February 4, 2022. This dividend will benefit shareholders recorded by January 21, 2022. Patterson Companies connects dental and animal health customers in North America and the U.K., offering a wide range of products and services to enhance operational success.
Patterson Companies (Nasdaq: PDCO) announced the election of Philip McKoy to its Board of Directors, effective December 13, 2021. Currently the Chief Information Officer of Optum, McKoy brings valuable expertise from leading digital transformations at major firms. He fills the seat of Fran Malecha, who resigned for personal reasons. Chairman John D. Buck expressed excitement for McKoy's contributions, aiming to enhance Patterson's technology offerings and drive shareholder value.
Patterson Companies reported fiscal Q2 2022 net sales of $1.65 billion, marking a 6.2% year-over-year increase. Internal sales rose by 8.3%. The company’s GAAP earnings were $0.49 per diluted share, while adjusted earnings reached $0.58 per diluted share. The Animal Health segment saw a significant 16.2% increase in internal sales, while the Dental segment experienced a 2.0% decline. The company updated its fiscal 2022 GAAP earnings guidance to a range of $1.69-$1.79 per diluted share, reflecting confidence in ongoing business momentum.
Patterson Companies (NASDAQ: PDCO) has announced a conference call for its fiscal 2022 second quarter on December 1, 2021, at 7:30 a.m. CT (8:30 a.m. ET). The earnings release will be issued that morning before the market opens. A replay of the call will be available from 10 a.m. CT on December 1 until 10 p.m. CT on December 8. The company provides innovative solutions in the dental and animal health sectors across North America and the U.K..
Patterson Companies, Inc. (Nasdaq: PDCO) announced a quarterly cash dividend of $0.26 per share, set to be paid on or about November 5, 2021. Shareholders of record as of October 22, 2021 will receive this dividend, reflecting the company’s ongoing commitment to returning value to its investors. Patterson Companies connects dental and animal health customers in North America and the U.K. with innovative products and services to enhance operational success.