Patterson Companies Reports Strongly Improved Third Quarter Sales and Earnings.
Business Wire (February 24, 2005)
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Patterson Companies Reports Strongly Improved Third Quarter Sales and Earnings.
ST. PAUL, Minn. -- Patterson Companies, Inc. (Nasdaq:PDCO) today reported consolidated sales of $638,005,000 for the third quarter of fiscal 2005 ended January 29, an increase of 22% from $521,218,000 in the year-earlier quarter. Excluding four acquisitions earlier this year, internally generated sales were up approximately 15%. Net income increased 25% to $50,137,000 or $0.36 per diluted share, from $40,061,000 or $0.29 per diluted share in the third quarter of fiscal 2004.
The Patterson Dental Supply unit, Patterson's largest business, reported sales growth of 18% to $499,796,000 in the third quarter. Substantially al...Try vLex for FREE for 3 days
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