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Here's Why Patterson Companies Stock Is Sliding Today

Here's Why Patterson Companies Stock Is Sliding Today

Shares of Patterson Companies (NASDAQ: PDCO) were under pressure Wednesday following the company's fiscal fourth-quarter 2021 earnings report. On the bottom line, though, Patterson Companies' adjusted earnings fell 12% year over year to $0.38 per share. Patterson Companies is a leading distributor of dental and animal health products that became harder to distribute during the pandemic-necessitated lockdowns.