Business & Tech
Pandemic-Related Pet Ownership Helps Mendota Heights Company
Patterson Cos. saw a 21 percent increase in its quarterly earnings.
MENDOTA HEIGHTS, MN— As more people adopted pets during the pandemic, a Mendota Heights dental supply company reaped the benefits.
CNBC reported that 33 percent of Americans considered getting a pet due to social distancing requirements. This number varied by age group, with 50 percent of millennials, 33 percent of Gen X, and 25 percent of Baby Boomers considering adoption or fostering, CNBC reported.
According to The Star Tribune, the trend has surprisingly spiked the earnings of Patterson Cos.
Find out what's happening in Mendota Heightsfor free with the latest updates from Patch.
The saw a 21 percent increase in its quarterly earnings, the Star Tribune reported. The dental supplies company has an animal business as well, which is what boosted earnings.
Find out what's happening in Mendota Heightsfor free with the latest updates from Patch.
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