Patterson Companies reports Q3 EPS ,62c consensus 60c

Reports Q3 revenue $1.6B, consensus $1.62B."Our team continued to successfully execute during the third quarter and create value for both our customers and shareholders," said Don Zurbay, President and CEO of Patterson Companies. "In addition to sales growth as a result of our strong value proposition to customers, our strategic focus on operational excellence, improved mix and disciplined expense management helped drive operating margin expansion for the business and within both segments during the fiscal third quarter. Our guidance reflects confidence in our ability to achieve our goals to deliver year-over-year internal sales growth and adjusted operating margin expansion in fiscal 2023."