Patterson reports higher dental sales in Q4, lower in 2019

Patterson Companies reported higher sales in its dental segment for the fourth fiscal quarter of 2019 but slightly lower sales for all of 2019.

For the quarter (end-April 27), net sales in the company's dental segment, which represented approximately 40% of total company sales, were $563.5 million, up 3.2% from the same quarter of 2018.

Within the dental segment, sales of consumable dental supplies decreased 1.9% and equipment sales increased 11.9% for the quarter. Other services and products, primarily composed of technical service, parts and labor, software support services, and office supplies, increased 7.0%, according to the company.

The company announced an overall increase of 2.6% in total net sales to more than $1.4 billion, compared with the same period last year.

For fiscal 2019, the company reported that dental sales were down 0.2% from 2018, while company-wide net sales increased to $5.6 billion, up 2.0% from the previous year.