Stay updated with breaking news from Benjamin Wolin. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The veterinary products and services firm has agreed to an offer by 2 private equity firms that want to buy the company while retaining its Portland headquarters.
Press release content from Business Wire. The AP news staff was not involved in its creation.
CVET earnings call for the period ending September 30, 2021.
Operator Good afternoon. My name is Yan, and I will be your conference operator for today. At this time, I would like to welcome everyone to the Covetrus First Quarter 2021 Earnings Conference Call. I would now like to turn the call over to Mr. Nicholas Jansen, Vice President, Strategy and Corporate Development. Please go ahead. Nicholas Jansen -- Vice President, Strategy and Corporate Development Thank you, Yan. Good afternoon, and thank you for joining us for Covetrus' Q1 2021 earnings conference call. Joining me on this afternoon's call are Ben Wolin, our President and Chief Executive Off...
(a) Non-GAAP financial measures should be considered in addition to, but not as a substitute for, the information provided in accordance with GAAP. Reconciliations for non-GAAP financial items to the most directly comparable GAAP financial items are provided under Reconciliation of Non-GAAP Financial Measures at the end of this release. First Quarter 2021 Results Net sales for the first quarter of 2021 were $1.10 billion, an increase of 3% compared to the first quarter of 2020. Non-GAAP organic net sales, which adjusts for changes in foreign exchange and the impact from mergers, acquisitio...