•
Apr 24, 2021

Patterson Q4 2021 Earnings Report

Patterson Companies reported strong Q4 2021 results with significant sales growth.

Key Takeaways

Patterson Companies reported a 21.4% increase in fourth-quarter net sales to $1.56 billion and GAAP earnings of $0.30 per diluted share. The company's internal sales increased by 23.5%.

Net sales increased 21.4% year-over-year to $1.56 billion.

Internal sales increased 23.5%.

GAAP earnings were $0.30 per diluted share.

Adjusted earnings per share were $0.38 per diluted share.

Total Revenue
$1.56B
Previous year: $1.29B
+21.5%
EPS
$0.38
Previous year: $0.43
-11.6%
Gross Profit
$304M
Previous year: $294M
+3.5%
Cash and Equivalents
$143M
Previous year: $77.9M
+83.8%
Free Cash Flow
-$130M
Previous year: -$83.5M
+56.0%
Total Assets
$2.75B
Previous year: $2.72B
+1.3%

Patterson

Patterson

Patterson Revenue by Segment

Forward Guidance

Patterson Companies issued fiscal 2022 GAAP earnings guidance of $1.61 to $1.76 per diluted share and adjusted earnings range of $1.90 to $2.05 per diluted share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income