UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
January 5, 2015
(Date of report)
PATTERSON
COMPANIES, INC.
(Exact Name of Registrant as Specified in Its Charter)
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Minnesota |
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0-20572 |
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41-0886515 |
(State or Other Jurisdiction
of Incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
1031 Mendota Heights Road
St. Paul, Minnesota 55120
(Address of Principal Executive Offices, including Zip Code)
(651) 686-1600
(Registrants Telephone Number, including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 Regulation FD Disclosure
On January 5, 2015, Patterson Companies, Inc. issued a press release announcing its plans to expand its range of
core equipment offerings. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and the information set forth therein is incorporated herein by reference and constitutes a part of this report.
This information is furnished pursuant to Item 7.01 of Form 8-K promulgated by the Securities and Exchange Commission (the
SEC) and shall not be deemed to be filed with the SEC for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities of that
section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended (the Securities Act), or the Exchange Act, except as expressly set forth by specific reference in such
filing. By filing this Current Report on Form 8-K and furnishing this information, Patterson Companies, Inc. makes no admission as to the materiality of any information contained in this report.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
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99.1 |
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Press release of Patterson Companies, Inc., dated January 5, 2015. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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PATTERSON COMPANIES, INC. |
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Date: January 5, 2015 |
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By: |
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/s/ Ann B. Gugino |
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Ann B. Gugino |
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Vice President, Treasurer and Chief Financial Officer |
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(Principal Financial Officer and Principal
Accounting Officer) |
EXHIBIT INDEX
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Exhibit Number |
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Description |
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99.1 |
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Press release of Patterson Companies, Inc., dated January 5, 2015. |
Exhibit 99.1
Patterson Companies Announces Strategic Expansion of Core Equipment Offerings
ST. PAUL, Minn. Jan. 5, 2015 Patterson Companies, Inc. (Nasdaq: PDCO) today announced plans to expand its range of core equipment
offerings and extend its current assortment to include an increased number of high-end products, as well as add entry-level and mid-range selections. Patterson will look to bring its various market-leading technology offerings together with multiple
core equipment platforms. Core dental equipment includes chairs, units and cabinetry; technology equipment includes chairside CAD/CAM and other digital dental systems.
Paul Guggenheim, president of Patterson Dental, said, Patterson is particularly excited to introduce chairs and treatment center products from Sirona to
the North American market in response to customer demand for equipment that is highly integrated with the advanced technology in todays modern dental office. Further, we look forward to creating new manufacturer relationships and broadening
our current partnerships with A-dec, DentalEZ, Planmeca, Proma and others.
Guggenheim continued, As the leader in selling and servicing
dental equipment in North America, we are well-positioned to capitalize on the availability of alternatives addressing to the full spectrum of our customers, especially in the areas of new construction and dental office remodeling, which have long
been strengths of ours. We believe this expanded offering will allow us increased flexibility to meet the evolving needs of our customers and is another step in achieving our strategy to broaden our view of the markets we serve.
About Patterson Companies, Inc.
Patterson Companies,
Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets.
Dental Market
As Pattersons largest business, Patterson Dental provides a virtually complete range of consumable dental products, equipment and software, turnkey
digital solutions and value-added services to dentists and dental laboratories throughout North America.
Veterinary Market
Patterson Veterinary is a leading distributor in the U.S. and U.K. of consumable veterinary supplies, equipment and software, diagnostic products, vaccines and
pharmaceuticals predominantly to companion-pet veterinary clinics.
Rehabilitation Market
Patterson Medical is the worlds leading distributor of rehabilitation supplies and non-wheelchair assistive patient products to the physical and
occupational therapy markets. The units global customer base includes hospitals, long-term care facilities, clinics and dealers.
This release
contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the
Companys ability to control. Any statements made in this press release about the Companys future financial conditions, results of operations, expectations, plans, or prospects, including the information under the heading Business
Outlook, constitute forward-looking statements. Forward-looking statements also include those preceded or followed by the words anticipates, believes, could, estimates, expects,
intends, may, plans, projects, should, targets and/or similar expressions. These forward-looking statements are based on the Companys current estimates and assumptions
and, as such, involve uncertainty and risk. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from those contemplated by the forward-looking statements because of a number of factors,
including the factors described in Item 1A of the Companys most recent Annual Report on Form 10-K, which factors are incorporated herein by reference. Any forward-looking statement in this release speaks only as of the date in which it is
made. Except to the extent required under the federal securities laws, the Company does not intend to update or revise the forward-looking statements.
# # #
For additional information, contact:
Ann B. Gugino
Vice President & CFO
651-686-1600
Source: Patterson Companies, Inc.
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