This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Patterson Veterinary Supply Becomes New Name Of Patterson Companies’ Webster Veterinary Unit

Patterson Companies, Inc. (Nasdaq: PDCO) today announced that its Webster Veterinary Supply unit will be renamed Patterson Veterinary Supply, effective January 1, 2013, in a move aimed at leveraging the Patterson brand across its three businesses, which also include Patterson Dental Supply and Patterson Medical. Patterson Veterinary is one of the nation’s leading full-service, value-added distributors of products and services to companion-pet veterinarians.

George Henriques, president of Patterson Veterinary, commented: “By further leveraging the Patterson brand, we are strengthening our visibility and position in the U.S. companion-pet veterinary market. We will remain the same company operationally, but our thousands of customers will now know at a glance that we are backed by the highly respected Patterson name. We believe our closer public identification with Patterson will also facilitate our marketing initiatives in this growing market. As part of this effort, we will launch in early January Patterson Veterinary’s new website, www.pattersonvet.com, which will offer many upgraded features including an enhanced online ordering experience.”

He continued: “Since Webster was acquired by Patterson in 2001, we have grown our annual sales from approximately $150 million to $735 million in fiscal 2012 and established a national geographic footprint through a combination of internal growth and strategic acquisitions. Supported by Patterson’s significant financial resources, infrastructure and technological capabilities, we have continually expanded our offerings of consumable supplies, equipment, technology solutions and value-added services, which have enabled us to capture a share of the U.S. companion-pet veterinary market in excess of 20%. This record of success has been generated by our relationship with Patterson, making it only logical to formally extend the Patterson brand name to our business.”

Scott P. Anderson, Patterson Companies’ president and chief executive officer, added: “Webster has been one of our growth engines in recent years, and now that this business carries the Patterson brand, we are confident Patterson Veterinary will continue on its trajectory of growth and profitability well into the future.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs