Patterson Companies (PDCO) Q4 Earnings Miss, Sales Rise Y/Y

Patterson Companies, Inc. (PDCO) reported fourth-quarter fiscal 2024 adjusted earnings per share (EPS) of 82 cents, which missed the Zacks Consensus Estimate of 83 cents by 1.2%. The bottom line also declined 2.4% from the prior-year quarter's level. Adjusted EPS for full-year fiscal 2024 was $2.30, down 5% from the prior-year period's level. Net sales in the quarter were $1.72 billion, in line with the Zacks Consensus Estimate. The top line improved 0.1% year over year. Internal sales, adjusted for the eff ...