Dental Insider Blog

Observation and Commentary On the Dental Industry

Patterson Profits Fall As Costs Rise

Posted by dentalinsider on August 24, 2006

Patterson Dental (PDCO) released earnings this morning and they were on the disappointing side. Patterson posted a lower quarterly profit, hurt by higher costs and lower-than-expected sales of one of its dental restoration systems. The St. Paul, Minnesota-based maker of dental products, veterinary supplies and rehabilitation supplies also cut its full-year outlook, citing uncertainly about future sales of the dental restoration system, called CEREC 3D. Shares fell as much as 7 percent to their lowest price since late 2004.

You can read the rest of the article here

What I am reading into this story is that PDCO is putting too much focus on the Cerec unit and not on the core business, dental supplies and equipment. So this leads me to my next question…What is the state of the dental industry? Where is it going? Post your thoughts in the comments section below or send an email to dentalinsider@gmail.com

DI

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