Webster Veterinary Sees Slight Q2 Increase

Posted: November 23, 2010, 4:25 p.m., EDT



Published:

Webster Veterinary, a division of Patterson Companies Inc. of St. Paul, Minn., reported revenue of $161.6 million for its second quarter ended Oct. 30, compared to revenue of $160.7 million in the year-ago period.Webster Veterinary, a division of Patterson Companies Inc. of St. Paul, Minn., reported revenue of $161.6 million for its second quarter ended Oct. 30, compared to revenue of $160.7 million in the year-ago period.newsline, financial

Webster Veterinary, a division of Patterson Companies Inc. of St. Paul, Minn., reported revenue of $161.6 million for its second quarter ended Oct. 30, compared to revenue of $160.7 million in the year-ago period.

“We were pleased with Webster’s second quarter performance, although the year-over-year comparability of Webster’s sales was affected by previously reported changes in the distribution arrangements for certain pharmaceuticals,” said Scott Anderson, president and CEO of Patterson Companies. “We estimate that this changeover had the effect of reducing Webster’s second quarter sales growth by approximately four to five percentage points.”

Year to date, the division reported revenue of $341.2 million, compared to revenue of $329.8 million in the year-ago period.

Overall, Patterson Companies reported net income of $53.4 million on revenue of $857.4 million for its second quarter, compared to net income of $49.3 million on revenue of $815 million.

Year to date, the company reported net income of $107.3 million on revenue of $1.7 billion, compared to net income of $94.4 million on revenue of $1.6 billion.

<Home>

Edit Module
Edit ModuleShow Tags

Archive »Read More

Vet Hospital Sends Patients Home With Minion-Inspired Vet Wraps

The vet wrap game is strong at the Metropolitan Veterinary Associates & Emergency Services in Valley Forge, Pa.

AVMA: Cecil the Lion ‘Suffered an Inhumane Death’

“We don’t want to make this a debate about hunting in general or trophy hunting; we know advocates and opponents hold strong opinions,” the organization states.

Shelter Cat Campaign Surpasses Expectations

The Million Cat Challenge, a joint project of the University of California, Davis Koret Shelter Medicine Program and the Maddie’s Shelter Medicine Program at the University of Florida, recently marked 250,000 cats saved.

Add your comment:
Edit Module
Edit ModuleEdit ModuleShow Tags Edit Module
Edit Module Edit Module
Edit ModuleShow Tags

Events


Show More...
Edit Module
Edit Module