Reported Financial Results, Acquisitions, Conference Call Schedule, and Dividend Authorizations - Analyst Notes on Henry Schein, MWI Veterinary, Patterson, Prestige and Owens & Minor
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NEW YORK, May 19, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Henry Schein, Inc. (NASDAQ: HSIC), MWI Veterinary Supply, Inc. (NASDAQ: MWIV), Patterson Companies Inc. (NASDAQ: PDCO), Prestige Brands Holdings, Inc. (NYSE: PBH) and Owens & Minor Inc. (NYSE: OMI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2596-100free.
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Henry Schein, Inc. Analyst Notes
On May 6, 2014, Henry Schein, Inc. (Henry Schein) reported its Q1 FY 2014 (period ended March 29, 2014) financial results with net sales of $2.4 billion, up 6.0% YoY. Net income attributable to Henry Schein was $102.1 million, or $1.18 per diluted share, up 11.6% or 14.6% YoY, respectively. "We are pleased to begin 2014 with solid first quarter financial results despite severe winter weather throughout many parts of the U.S.," said Stanley M. Bergman, Chairman of the Board and CEO of Henry Schein. "While we believe our U.S. sales in each of our business groups were adversely impacted by weather, we are pleased with our first quarter EPS performance and to be affirming our 2014 financial guidance." For FY 2014, the Company expects diluted EPS attributable to Henry Schein to be between $5.29 and $5.39, which represents growth of 7% - 9% YoY. The full analyst notes on Henry Schein are available to download free of charge at:
http://www.analystsreview.com/2596-HSIC-19May2014.pdf
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MWI Veterinary Supply, Inc. Analyst Notes
On May 6, 2014, MWI Veterinary Supply, Inc. (MWI Veterinary) reported its Q2 FY 2014 financial results (period ending March 31, 2014). Total revenues were $721.3 million, up 28.1% YoY. Net income for the quarter was $16.8, up 11.1% YoY. Diluted EPS were $1.32 compared to $1.19 in Q2 FY 2013. "Our results for the quarter were impressive in spite of the severe winter weather conditions that impacted our operations and sales," said Jim Cleary, President and CEO of MWI Veterinary. "Our revenue growth was strong and we are very pleased with the tremendous progress our combined team has made towards integrating IVESCO." For FY 2014, the Company estimates revenues will be from $2.89 billion to $2.94 billion, which represents growth of 23% to 25% YoY and diluted EPS will be from $5.47 to $5.67 per share, which represents growth of 10.5% to 14.5% YoY. The full analyst notes on MWI Veterinary are available to download free of charge at:
http://www.analystsreview.com/2596-MWIV-19May2014.pdf
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Patterson Companies Inc. Analyst Notes
On May 8, 2014, Patterson Companies Inc. (Patterson) announced that it will hold a conference call to discuss its Q4 FY 2014 financial results on May 22, 2014 at 9:00 a.m. ET. The Company informed that it will issue its financial results on the same day morning before the market opens. A live webcast of the conference call can be accessed by going to the investor relations section of Patterson's website. The full analyst notes on Patterson are available to download free of charge at:
http://www.analystsreview.com/2596-PDCO-19May2014.pdf
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Prestige Brands Holdings, Inc. Analyst Notes
On April 25, 2014, Prestige Brands Holdings, Inc. (Prestige) announced that it has entered into a definitive agreement to acquire Insight Pharmaceuticals Corporation (Insight) for $750 million in cash. According to Prestige, Insight is a marketer and distributor of feminine care and other over-the-counter healthcare products. The Company informed that the acquisition will help extend Prestige's portfolio of iconic OTC brands to include Insight's leading feminine care platform anchored by Monistat®, the #1 brand in OTC yeast infection treatment. The aforesaid acquisition will also give the Company a leading platform in feminine care in the U.S. and Canada, while also adding other OTC brands to its cough/cold, pain relief, eye and ear, and dermatological platforms. The Company anticipates closing of the transaction during H1 2014. The full analyst notes on Prestige are available to download free of charge at:
http://www.analystsreview.com/2596-PBH-19May2014.pdf
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Owens & Minor Inc. Analyst Notes
On April 30, 2014, the Board of Directors of Owens & Minor, Inc. (Owens & Minor) has authorized and declared a quarterly cash dividend in the amount of $0.25 per share. The cash dividend is payable on June 30, 2014, to shareholders of record as of June 16, 2014. The full analyst notes on Owens & Minor are available to download free of charge at:
http://www.analystsreview.com/2596-OMI-19May2014.pdf
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